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AVC

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.
reedy
Posts: 51
Joined: 09 Sep 2007, 19:41

AVC

Post by reedy »

Is the avc scheme going to close march 18? No mention about them in the new pension proposals
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

AVC

Post by RobertT »

The new proposals aren’t really proposals yet, they’re just what might happen based on the mediators report and if RM and CWU agree the way forward. But the latest firm proposals put forward by RM did say that AVC’s would continue alongside the Cash Balance/DC scheme.

As the results of the latest talks on pensions don’t at first glance seem drastically different in terms of what sort of scheme it will be, my guess is that AVC’s probably would continue, particularly during any ‘transitional period’.
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