Can anyone tell me what money I will get at 55
I have 19 years recognised service but 29 year service
Thankfully got early voluntary redundancy 3 years ago
I'm group B As I joind Many years ago
How much In lump sum?
And the monthly payments ?
I know they will be amount
If any body has the simler amount of time payed in
Info wound be really helpful
Many thanks
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Lump sum and monthly amount at 55 what are they
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pv
- Posts: 4
- Joined: 02 Mar 2015, 14:19
- Gender: Male
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RobertT
- EX ROYAL MAIL
- Posts: 6645
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Lump sum and monthly amount at 55 what are they
What figures are quoted on your deferred member annual statement? Or on your annual statements from before you left the business? They are your first port of call because they are individual to you (although they’re only really estimates)!
If you’re planning on taking both your NRA60 & NRA65 early, then simply take off 5% both your lump sum and pension figures for each year you intend to take them before NRA. That should give you a rough ballpark figure!
Lots more info can be found on the pensions website.
If you’re planning on taking both your NRA60 & NRA65 early, then simply take off 5% both your lump sum and pension figures for each year you intend to take them before NRA. That should give you a rough ballpark figure!
Lots more info can be found on the pensions website.
Links to all RM pension related websites are here