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Pension Rise 2021

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.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Pension Rise 2021

Post by Hawkey99 »

Sept RPI at 0.5% so thats pension our rise for next year........

On the bright side better than most savings rates....
david3595
Posts: 167
Joined: 23 Apr 2007, 07:40

Pension Rise 2021

Post by david3595 »

CPI 0.5% RPI 1.1% or maybe I misread that ?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Pension Rise 2021

Post by RobertT »

The latest inflation figures are:

CPI – 0.5%
RPI – 1.1%

The rate that applies to your RM pension will depend on whether it's in payment, deferred or you're still paying in, and which section you're in.

The CPI(H) rate is 0.7%, which isn't important to us yet, but it could be in the future.
Links to all RM pension related websites are here
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Pension Rise 2021

Post by Hawkey99 »

Dummy.

Looked at the wrong figures....Sorry.

At lease we know whats coming next year.....