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Retiring at 55

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.
barryreacher
Posts: 3
Joined: 18 Jan 2009, 12:10
Gender: Male

Retiring at 55

Post by barryreacher »

Hi can anybody give me an estimate of what I can expect for 35 years service. Taking pension at 55 . Lump sum and monthly pension. Thanks
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

Re: Retiring at 55

Post by freespeech »

barryreacher wrote:
16 Nov 2020, 22:15
Hi can anybody give me an estimate of what I can expect for 35 years service. Taking pension at 55 . Lump sum and monthly pension. Thanks
Suggest you post your pension statement info for NRA60 and 65 otherwise it has too many variables.
Duran
Posts: 145
Joined: 09 Apr 2009, 11:43
Gender: Male

Re: Retiring at 55

Post by Duran »

This would be ball park and depend on your Pensionable pay. However knowing colleagues that have done this with a pensionable pay of around 30k. I would have a guess at around 45k lump sum. £180 per week pension. That is ball park mind for roughly 35yrs service. For NRA 60. Not including NRA65.