16 Jul 2017, 12:19
16 Jul 2017, 15:08
20. I am paying additional contributions to Addplan – what impact does the Company’s proposal have on me?
Under the Company’s proposal, you would not build up any further Addplan pension after 31 March 2018. The Addplan pension you have built up would be revalued in line with RPI (up to 5% a year), as is currently the case for active Plan members while you remain employed by Royal Mail or until you take your benefits. Unless you instruct otherwise, your Addplan contributions would continue, but as additional contributions to your DC retirement account instead.
16 Jul 2017, 17:36