ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Capita/RMSPS lump sum

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.
SWIM
Posts: 411
Joined: 11 Jan 2010, 20:33
Gender: Male

Capita/RMSPS lump sum

Post by SWIM »

I'm 55 in June.
my RMSPS/Capita forecast shows NRA60 lump sum of £14,500
will I lose quarter of that if take at 55?
thanks.
'deal of the century' - dingo
Top
TheTrolleyMan
Posts: 775
Joined: 13 Mar 2017, 15:39
Gender: Male

Re: Capita/RMSPS lump sum

Post by TheTrolleyMan »

Yes you will lose 5% for every early year it’s taken . ie. 5%. X 5 years =25% deduction
Top
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Capita/RMSPS lump sum

Post by RobertT »

SWIM wrote: ↑
14 Apr 2026, 14:41
 I'm 55 in June.
my RMSPS/Capita forecast shows NRA60 lump sum of £14,500
will I lose quarter of that if take at 55?
thanks.
If you've requested a forecast to take your benefits before NRA, it will include any early payment reductions that apply.
Links to all RM pension related websites are here
Top

Return to “ROYAL MAIL PENSION”