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NRA 65

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.
surreypost
Posts: 4
Joined: 03 Dec 2013, 18:15
Gender: Male

NRA 65

Post by surreypost »

Could I have some advice please, if I take nra 65 at 61 years old I understand I will have a 20 percent reduction for taking it early. I intend to carry on working can I continue with the current pension deductions including the new pension about to start soon or would this remove me from all pension thank you.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: NRA 65

Post by RobertT »

If you take your NRA65 benefits you will stop being an active member of the RMPP and therefore will no longer be able to pay into the DBCBS.

For more info, see the 'flexible pension guide' here: https://www.royalmailpensionplan.co.uk/ ... erent-ages

If you do take your NRA65, you would currently be able to join the RMDCP instead and you would also be able to join the new CDC scheme when that starts.
Links to all RM pension related websites are here
surreypost
Posts: 4
Joined: 03 Dec 2013, 18:15
Gender: Male

Re: NRA 65

Post by surreypost »

Thank you Robert 👍
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: NRA 65

Post by RobertT »

:thumbup

More info on who will be eligible to join CDC can be found here: https://www.myroyalmail.com/collective-plan/who
Links to all RM pension related websites are here