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55 in january

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.
Skye2016
EX ROYAL MAIL
Posts: 23
Joined: 07 Nov 2022, 13:32
Gender: Male

Re: 55 in january

Post by Skye2016 »

Right, I have to hand as of today
My rmsps figure for taking my lot at 55,
And the rmpp figures too...at 55
Im 55 on Jan 20th..
Rmpp and rmsps guided me through the forms..all filled in, done my calculations, hope they're right as to what I will get after all the tax, am more than happy with what I will have ,
But suppose will see when it comes through :Applause
Last edited by Skye2016 on 05 Jan 2023, 15:25, edited 1 time in total.
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ARMIT65
Posts: 6
Joined: 21 Apr 2022, 15:00
Gender: Male

Re: 55 in january

Post by ARMIT65 »

You will need to ring RMPP and get the figures to complete part D of the RMSPS paperwork before you send back your forms. Even though you are not yet claiming any pensions from RM, you have to complete this part. If you don't then RMSPS will send back these forms for you to complete.

Hope this helps
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Skye2016
EX ROYAL MAIL
Posts: 23
Joined: 07 Nov 2022, 13:32
Gender: Male

Re: 55 in january

Post by Skye2016 »

Part d , what's that, part e maybe ? The LTA %? If so, done that
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Skye2016
EX ROYAL MAIL
Posts: 23
Joined: 07 Nov 2022, 13:32
Gender: Male

Re: 55 in january

Post by Skye2016 »

Rmpp confirmation letter came today..
Regular income.. small.which I knew it would be
Tax free lump sum is what I calculated it .to the penny. :dance :dance
And this..uncrystallised fund pension lump sum.... pay tax on 75 per cent of that....add these 2 rmpp sums together and thats a tidy sum ..(never heard of UFPLS)


Now, I assume the larger lump sum and monthly pension is from the rmsps .. anyone able to work it out.. I think iv got it broken down to the sum.aftwr losing 25 and 50 , same with the monthly pension , but no sure
Nra 60..£.5.353.78 pa and 36 k lump sum
Nra 65 £357.61pa and 2384.04 lump sum
Cheers
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