Hypothetically What Average Pension can I expect?

[jchewitt1967]

Hi, I'm useless with pensions, but when I retire at 60 I will have done 44 years (42 pensionable), always worked full time BUT never did any overtime/shifts , so always drew basic postmans wage. Hypothetically speaking What roughly will I get (lump + yearly). Hopefully someone has similar circumstances and can answer. Cheers.

[RobertT]

Someone might come along who's done a similar amount of service and tell you their figures, which won't necessarily mean you'll get the same, because everyone will be different to one degree or another.

The best thing to do is wait a few weeks until we get our annual illustrations from the RMPP and RMSPS and they will give you more accurate figures than anyone on here.

Last years came late September / early October, so shouldn't be too long to wait.
In the meantime, look at last years, as they probably won't be drastically less.

Both the RMPP and RMSPS websites have a few video tutorials which might help you understand things better:

https://www.royalmailpensionplan.co.uk/ ... ia-library
https://www.royalmailsps.co.uk/support/useful-documents

[jchewitt1967]

Hi, OK thanks, hopefully it will all make sense