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Commutation Rate

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Gillpensionpot
Posts: 1
Joined: 18 Oct 2017, 11:29
Gender: Female

Commutation Rate

Post by Gillpensionpot »

I will be able to take my age 60 pension in two years time. Can anyone tell me what the commutation rate is if I want to take a bigger lump sum. I've read that its 18.75. Is that correct?
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nataddick
MAIL CENTRES/PROCESSING
Posts: 362
Joined: 10 Jun 2010, 09:47
Gender: Male

Commutation Rate

Post by nataddick »

When I took my NRA 60 just over 2 years ago it was 20.36.
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