Pension Increase Amount?

[stephen500]

Bit confused now.....

Are we saying if you have taken both pensions and are still working for royal mail you get 2 times salary or 6 times salary if death in service occurs ??

Whether you still get 2 times your salary, I do not know.
But no, you certainly won't get 6 times your salary.
The info I gave, was for if you were in the pension scheme.
For the new CDC, that is 4 times your pensionable pay.
So those that have left the Royal Mail pension plan, could join that and then get 4 x pensionable pay as a death in service.

[stephen500]

New CDC scheme - Death in service - 4 x pensionable pay. If the scheme implements what was in the "FOUR PILLARS OF SECURITY
AND PAY NATIONAL AGREEMENT"

cdc 1.jpg

cdc 2.jpg

https://www.cwu.org/wp-content/uploads/ ... ow-res.pdf