It's fair to say our pensions could have been better had certain changes not been made, that's obvious. But:Navalron wrote:All depends on when you started. If before the way forward agreement all wages including driving allowance, nda, were all personable including overtime. After that (1999/2000) half your nda was counted for pension and basic contracted hours up to full time (41.5hrs) per week at that time but no allowances were counted, except if you had been a phg or had started before 1988. It's complicated but basically we got shafted just like yous that are still there got ripped off for the pension that yous had. Basically everyone lost thousands of pounds when it comes to retirement and the union, yet again sold it as a good thing. FFS. Well their still on final salary pension, so why not posties.....
In my 30+ years in the job I've never known OT to be pensionable apart from part time members of the RMDCP, as already mentioned up thread.
To say that no allowances are pensionable except former PHG and if you started before 1988 is clearly wrong.
In 2017 the CWU were consulting on the closure of their final salary pension scheme and an increase in NRA from 60 to 65. https://www.pensionsage.com/pa/CWU-comm ... uation.php" onclick="window.open(this.href);return false; As far as I know that closure took place as planned.