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New look for RMPP website

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.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

New look for RMPP website

Post by RobertT »

As the title says, the RMPP website has had a re-vamp!

https://www.royalmailpensionplan.co.uk/" onclick="window.open(this.href);return false;
Links to all RM pension related websites are here
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

New look for RMPP website

Post by freespeech »

RobertT wrote:As the title says, the RMPP website has had a re-vamp!

https://www.royalmailpensionplan.co.uk/" onclick="window.open(this.href);return false;
So pension statements first two weeks of October if still contributing or mid October if not. Hope they are worth it!
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

New look for RMPP website

Post by NorthernBoy »

Just had a look and it’s much better. Watched a couple of the videos and they explain things in simple language.
FAB
Posts: 234
Joined: 06 May 2017, 22:57
Gender: Male

New look for RMPP website

Post by FAB »

It's still a bit misleading as it suggests that the Section C final salary will be based on your current pay you retire. But that link was removed in April 2018 and would be thereafter increased by .RPI up to 5%. Only Section B is still linked to actual current pay.
mr hil.
Posts: 405
Joined: 19 Sep 2007, 18:22
Gender: Male

New look for RMPP website

Post by mr hil. »

A quick screen grab from the video of how the new statements may look??

Image
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

New look for RMPP website

Post by freespeech »

FAB wrote:It's still a bit misleading as it suggests that the Section C final salary will be based on your current pay you retire. But that link was removed in April 2018 and would be thereafter increased by .RPI up to 5%. Only Section B is still linked to actual current pay.
Not quite the case......if you are still in the "job family" promotional increases flow through too.
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

New look for RMPP website

Post by heapsy »

What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

New look for RMPP website

Post by RobertT »

FAB wrote:It's still a bit misleading as it suggests that the Section C final salary will be based on your current pay you retire. But that link was removed in April 2018 and would be thereafter increased by .RPI up to 5%. Only Section B is still linked to actual current pay.
The link to actual pay was removed in April 2014. It applies to section B aswell!

As Freespeech says, promotional pay rises do increase your pensionable pay, although there are exceptions.

See your 2014 booklet for more info.
Links to all RM pension related websites are here
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

New look for RMPP website

Post by RobertT »

heapsy wrote:What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
There is no 'portal' on the RMPP website.

The RMSPS website does enable you to login to see the value of your pre 2012 benefits, which personally I've never had any problems with.
Links to all RM pension related websites are here
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

New look for RMPP website

Post by heapsy »

RobertT wrote:
heapsy wrote:What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
There is no 'portal' on the RMPP website.

The RMSPS website does enable you to login to see the value of your pre 2012 benefits, which personally I've never had any problems with.
That's the one I'm trying to use. Can't register even though I've followed the instructions to the letter.
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

New look for RMPP website

Post by freespeech »

RobertT wrote:
heapsy wrote:What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
There is no 'portal' on the RMPP website.

The RMSPS website does enable you to login to see the value of your pre 2012 benefits, which personally I've never had any problems with.
I still have a disparity with mine.....if I add the final salary value to four years of CSDB (ie up to 2012) mine is quite a bit out. Oddly if I add my calculations together for what I think is Capita and PSC they do come out to the same as my statement so I'm hoping it's just the "mix" I have wrong. Never waited for two pension statements so eagerly as I am this year!
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

New look for RMPP website

Post by freespeech »

freespeech wrote:
RobertT wrote:
heapsy wrote:What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
There is no 'portal' on the RMPP website.

The RMSPS website does enable you to login to see the value of your pre 2012 benefits, which personally I've never had any problems with.
I still have a disparity with mine.....if I add the final salary value to four years of CSDB (ie up to 2012) mine is quite a bit out. Oddly if I add my calculations together for what I think is Capita and PSC they do come out to the same as my statement so I'm hoping it's just the "mix" I have wrong. Never waited for two pension statements so eagerly as I am this year!
At the risk of answering my own question I think I may have solved it......the revamped website advises that PSC are responsible for some of the bits of the final salary scheme like promotional increases etc. I reckon my Capita statement will be below what think it is and the PSC one above but overall they will give me what I have calculated. The error is in the way my final salary has grown since the plan ceased and the incorrect assumption that this would all be paid by Capita. I guess the two statements will tell!
Downeagle
Posts: 68
Joined: 06 Feb 2009, 08:30
Gender: Male

New look for RMPP website

Post by Downeagle »

heapsy wrote:
RobertT wrote:
heapsy wrote:What they don't tell you in the video is that registering to use the portal doesn't actually work. FFS :arrrghhh
There is no 'portal' on the RMPP website.

The RMSPS website does enable you to login to see the value of your pre 2012 benefits, which personally I've never had any problems with.
That's the one I'm trying to use. Can't register even though I've followed the instructions to the letter.
I have been trying to register all evening without any luck