Can anyone help me work out potentially what the maximum tax free lump sum i could get at 55 would be - finding it super confusing to understand. ( I should be continuing working and contributing to the latest pension.
The RMSPS statement shows the following
NRA 60 benefits
annual pension £1321
pension increase £1029
The RMPP statement shows the following
aged 65 benefits
CSDB £2252
CSDB PENSION SUPPLEMENT £453
AGE 65 CASH BALANCE £30648
Thanks very much
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Maximum tax free lump sum at 55
-
RobertT
- EX ROYAL MAIL
- Posts: 6437
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Maximum tax free lump sum at 55
An easy explanation was posted just a few weeks ago:
viewtopic.php?f=27&t=117502
Bear in mind the DBCBS will be reduced by roughly 1.3% for each year you take it before 65.
Alternatively, if you're 3 months before your 55th birthday or older, you can get yourself a quote:
https://www.royalmailpensionplan.co.uk/ ... ment-form/
viewtopic.php?f=27&t=117502
Bear in mind the DBCBS will be reduced by roughly 1.3% for each year you take it before 65.
Alternatively, if you're 3 months before your 55th birthday or older, you can get yourself a quote:
https://www.royalmailpensionplan.co.uk/ ... ment-form/
Links to all RM pension related websites are here