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New CDC scheme - Not part of RMPP

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.
stephen500
EX ROYAL MAIL
Posts: 1458
Joined: 02 Jun 2007, 04:04

New CDC scheme - Not part of RMPP

Post by stephen500 »

I think it is sad that our union has not managed to include the new CDC scheme into the RMPP.
As members pass away the RMPP will have less and less to do and eventully be out of a job.
A whole new pension scheme and administration is to be set up, why not use the expertise of the RMPP and maintain jobs there? Very poor.
cdc 1.jpg
cdc 2.jpg
https://www.cwu.org/wp-content/uploads/ ... ow-res.pdf
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RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

New CDC scheme - Not part of RMPP

Post by RobertT »

According to the latest report and accounts, the RMPP currently has total membership of 124,157, which is divided up as follows:

Employee members – 80,158
Deferred members – 18,288
Pensioner members – 25,711

I'm sure the folk in Sheffield will be kept busy for a while yet.
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