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Retirement age

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.
petercostello
EX ROYAL MAIL
Posts: 65
Joined: 12 Jul 2007, 20:03

Retirement age

Post by petercostello »

Can I retire at 60 officially and keep my shares and take my pension etc.I have been in the pension scheme since 79 and realise I will lose some NRA 65 pension
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72559
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Retirement age

Post by TrueBlueTerrier »

petercostello wrote:Can I retire at 60 officially and keep my shares and take my pension etc.I have been in the pension scheme since 79 and realise I will lose some NRA 65 pension
Yes
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RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Retirement age

Post by RobertT »

You can retire anytime you want to as long as you can afford it, but you can’t normally take any pension before age 55.

If you leave RM after age 60 you are deemed to be retiring for the purpose of the free shares, whether you actually retire or not. You can then either sell them or keep them without paying any tax.
Links to all RM pension related websites are here
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