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Early RMPP and RMSPS estimates

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.
Hitcher
Posts: 1535
Joined: 20 Sep 2009, 09:59
Gender: Male

Early RMPP and RMSPS estimates

Post by Hitcher »

Tried running the estimate on RMPP but it didn't work and there's option on RMSPS site so is contacting them the only way to get early estimates?

Also, can you request multiple at a time? ie 64, 64, 62.

Thanks.
RobertT
EX ROYAL MAIL
Posts: 6702
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Early RMPP and RMSPS estimates

Post by RobertT »

The RMPP site only allows you to run an estimate for taking your pension within the next 2 years.

There is an illustrator on the RMSPS site, but that doesn't differentiate between Age60 and Age65 and I'm not 100% sure if it's up to date anyway.

Basically they're both a bit crap! :thumbdown

As far as I'm aware, if you send for quotes they will only be for taking your benefits imminently(within the next 3-6 months?). They won't give you figures for further into the future than that.
Links to all RM pension related websites are here
Hitcher
Posts: 1535
Joined: 20 Sep 2009, 09:59
Gender: Male

Re: Early RMPP and RMSPS estimates

Post by Hitcher »

Well that sucks, how are you meant to plan an early retirement?

My Railway pension lets you pick a retirement date and and after a few hours it has the estimate ready for you.

Thanks for the reply though.