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Ihr with full pension

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.
blondieb
Posts: 12
Joined: 07 Aug 2010, 16:03
Gender: Female

Ihr with full pension

Post by blondieb »

I'm due to be ihr and have been told I will go on decision of ihr with full pension rather than ihr with lump sum, would I still get a small lump sum and then a monthly pension payment thanks
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Ihr with full pension

Post by RobertT »

Depending on which section you’re in, you’ll get a lump sum as standard with Section A/B or a choice of having a lump sum or a bigger monthly income with Section C.

Details are in the relevant library section on the pensions website: http://www.royalmailpensionplan.co.uk/" onclick="window.open(this.href);return false;
Links to all RM pension related websites are here
blondieb
Posts: 12
Joined: 07 Aug 2010, 16:03
Gender: Female

Ihr with full pension

Post by blondieb »

Thank you Robert I'm in plan c. Think I'd prefer lump sum if possible