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vr and document pension thrown in

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$$ new gold dream $$
EX ROYAL MAIL
Posts: 3
Joined: 02 Feb 2009, 16:48
Gender: Male

vr and document pension thrown in

Post by $$ new gold dream $$ »

hi anybody else got vr and in the document the pension has been added i was wondering if you took early Retirement you get your pension . talking to the solicitor some employees have and haven,t had it added just wondering as for the money side of it i bought 8 1/2 years pension in so have nearly 23 1/2 years pension i am only 55 and v.r.seems a good get out as i hate working saturdays till 3 o,clock plus much later on a busy day gone the days when you could run around and finish at 9/30 my question is why have they put my pension in with v.r. and if i leave my pension alone will i not get a lump sum later on maybe if i am 60
2old4this
Posts: 130
Joined: 08 Dec 2009, 13:49
Gender: Male

Re: vr and document pension thrown in

Post by 2old4this »

$$ new gold dream $$ wrote:hi anybody else got vr and in the document the pension has been added i was wondering if you took early Retirement you get your pension . talking to the solicitor some employees have and haven,t had it added just wondering as for the money side of it i bought 8 1/2 years pension in so have nearly 23 1/2 years pension i am only 55 and v.r.seems a good get out as i hate working saturdays till 3 o,clock plus much later on a busy day gone the days when you could run around and finish at 9/30 my question is why have they put my pension in with v.r. and if i leave my pension alone will i not get a lump sum later on maybe if i am 60
I've sent my papers back yesterday my understanding of the chat with the solicitors is you get the pilon and 6 months within 6 weeks of your finishing date, then the pension people contacted you with your enhanced pension option within 2 months, Looking at my options on the pension although I'm getting it now at 58 its been rounded off as if I was 60 and a little more.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: vr and document pension thrown in

Post by baldrick »

If you are over 55 and still in a RM pension scheme, and you are offered EVR you will get your accrued pension slightly enhanced (and lump if you are in A/B pension scheme), plus 26 weeks VR payment.