RMSPS delays?

[RobertT]

@Northernboy ....Thanks for your reply- I looked at those figures but couldn't work it out, and I don't want to keep ringing them. This way I could tweek it to monthly payment I want.

PF=£6,070.68pa
RP= £4,711.98 plus £31,413.19 (25%)

Thanks

I work that out as a commutation rate of aprox 1:23, so for each £1 of pension you give up you'll get a lump sum of £23.

So if you want a lump sum of £20k instead, your pension will be aprox £5,580.

*Figures are ballpark.

[NorthernBoy]

@Northernboy ....Thanks for your reply- I looked at those figures but couldn't work it out, and I don't want to keep ringing them. This way I could tweek it to monthly payment I want.

PF=£6,070.68pa
RP= £4,711.98 plus £31,413.19 (25%)

Thanks

Fido Are those figures for NRA 60, pension plan C ?

[fido69r]

It's the NRA60 Actuarially reduced retirements options.

[fido69r]

Thanks Robert.....decisions decisions eh

[cjjs]

I'm 55 on Feb 16th and left there a long time ago. I rang them on November 1st and they said they would sent out the paperwork. It's now Dec 1st...and nothing...should I be worrying yet?

Has the process gone smoothly now or are you still experiencing delays ?

[fido69r]

Yes, they sent everything out a few days after my post, and I rang them this morning in fact, to make sure everything is in order....and all good...deadline on target.