Full time to part time

[Andywhu]

Am 62 and thinking of going from full time 37hrs to part time 30hrs and not sure what Royal Mails contributions would be. Currently I pay 6% and they pay 13.6%. Are RM,s contributions pro rate or set at 13.6%. Have been with RM for nearly 11 years and choosing part time 30 hrs I will get duty on re pick with my seniority.

[RobertT]

With nearly 11 years service, I assume you first joined the RMDCP and then took the opportunity to pay into the DBCBS instead following the 4 Pillars agreement in 2018, hence the 6% & 13.6% contributions?

Going from full time to part time will not affect the percentage either you or RM pay, they will stay at 6% and 13.6%. But if you're earning less then the actual contributions in £'s will obviously reduce.

[rambo1]

Don't forget you'll still make pens contribution for the first 7 hrs of overtime you do ,if you do any.

[heapsy]

Don't forget you'll still make pens contribution for the first 7 hrs of overtime you do ,if you do any.

That will only apply until the change in pension arrangements. Once we are in the new scheme, that will stop.

[RobertT]

Don't forget you'll still make pens contribution for the first 7 hrs of overtime you do ,if you do any.

I could be wrong but I think that only applies to the RMDCP, not the DBCBS.