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Auto enrolment scottish windows

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.
Jack1960
EX ROYAL MAIL
Posts: 333
Joined: 05 Jan 2016, 17:39
Gender: Male

Auto enrolment scottish windows

Post by Jack1960 »

Hiya, i am due to take the nra 65 benefits this year but so I can get a beautiful new box at the new school of science in Bramley Moore Dock I am going to stay on but I do need to access my pension.
I think it was Robert T , who deserves a fee of many a pension , who replied to an earlier question stating i would be auto enrolled into the rmdcp plan with scottish widows if I stay on.
I checked the website and my question is do I start as a new member with low employer contributions or start at the 6 per cent employee. 10 percent employer rate .
Thanks.......again
CharltonBoy
Posts: 8
Joined: 04 Mar 2021, 20:37
Gender: Male

Re: Auto enrolment scottish windows

Post by CharltonBoy »

I was in a similar position 2 years ago and called the RMDCP helpline as it wasn’t clear as I already had 17 years service at NRA 65. I was advised that as an existing member of staff with long service I could start at the 6% employee and 10% employer rate. I added an extra £20 a week AVC because I could afford it and it made sense to benefit from the tax relief and PSE relief.
Jack1960
EX ROYAL MAIL
Posts: 333
Joined: 05 Jan 2016, 17:39
Gender: Male

Re: Auto enrolment scottish windows

Post by Jack1960 »

Thanks mate