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Pension Supplement

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.
monaco
Posts: 8
Joined: 14 Jul 2009, 19:21
Gender: Male

Pension Supplement

Post by monaco »

Does anyone know how much roughly the Pension Supplement is a year when you leave Royal Mail. Is it only paid from the date you leave up to State pension age or do you get it for each year you have worked for the company. Section C member
FAB
Posts: 234
Joined: 06 May 2017, 22:57
Gender: Male

Pension Supplement

Post by FAB »

It's roughly £56 per year of service. You normally only get it when you leave RM or Post Office Counters. And it stops when you get to State Pension age. If in the distant past you transferred any pension from another company to RM you do get a proportion of the supplement for that transfer. I currently get about £130 even although I am still at RM based on a pension transfer I did when I first started.