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pensions

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

Re: Help working out pensions

Post by RobertT »

The NRA60 relates to pension accrued up to 31st March 2010 and the NRA65 from that date to 31st March 2018. You will presumably also have the DBCBS which will provide a lump sum predominantly attached to your NRA65 benefits.

But to answer your question, yes you add the NRA60 & NRA65 figures together to get the total.

The supplement will only be paid if you leave RM and until state pension age.

The RMPP website has a few videos that may help you understand things a bit more: https://www.royalmailpensionplan.co.uk/ ... ia-library
Last edited by RobertT on 25 Nov 2020, 14:10, edited 1 time in total.
Links to all RM pension related websites are here
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Help working out pensions

Post by RobertT »

You should of had your annual statements fairly recently and as long as you've been employed by RM sometime after 1st April 2018, the DBCBS will be on the RMPP statement.

Full info on how the scheme works can be found in the 'guide to benefits' via the same link I gave in my previous post.
Links to all RM pension related websites are here
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Help working out pensions

Post by RobertT »

Most people received them in early October, so I should chase it up if I was you.
Links to all RM pension related websites are here