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Going pt from ft
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Barrybarry
- Posts: 36
- Joined: 16 Apr 2023, 08:42
- Gender: Male
Going pt from ft
Hi can anyone explain if this will affect my pension apart from less going in when I’m pt
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Barrybarry
- Posts: 36
- Joined: 16 Apr 2023, 08:42
- Gender: Male
Re: Going pt from ft
Will it affect the ft years I’m section c
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RobertT
- EX ROYAL MAIL
- Posts: 6647
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Going pt from ft
Reducing your hours won't affect what you've already accrued, but you'll obviously build up less going forward.
Links to all RM pension related websites are here
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Barrybarry
- Posts: 36
- Joined: 16 Apr 2023, 08:42
- Gender: Male
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ckukone
- Posts: 1
- Joined: 28 Dec 2023, 18:26
- Gender: Male
Re: Going pt from ft
I am thinking of doing the same and this should be a section on the pension website as likely to be a common issue.
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heapsy
- Posts: 2949
- Joined: 02 Jun 2007, 23:40
- Gender: Male
- Location: Drinking with Gangsters
Re: Going pt from ft
A few years ago a colleague of mine did this two years running during the summer. (he's a keen cyclist) After the second time they would only let him go to 35 hours, he was originally on 37. With those albeit brief changes, and what he is now stuck with, it did make quite a difference if you include the drop in pay / allowances with less pension contributions. To me, it isn't worth it unless you get to work fewer days. (he doesn't), especially if you factor in that he does a massive amount of overtime and works six days a week.