Pensioned Off Query.

[amorley]

Hi all.

Is there a formula Royal Mail use when they pension you off on medical grounds or do they have a degree of latitude ? I've got exactly 20 years service in as a part timer. For most of those years I've worked 21 hours which went up to 27 hours for a while and has now reverted to 21 again. I assume it's the hours currently worked that are all important, not brief spells that alter the career average. I'm 49 years old.

I've been on the sick a good while now and would like facts and figures, even approximate ones, in front of me so I can keep all of my options open. Without signalling any intent to my managers I'd like to know what sort of lump sum I could expect and what my weekly pension might be. I understand they can add almost seven years contributions to my current tally of 20 but are they likely to do this to encourage me to go quietly or is a stubborn stance the order of the day at the moment. I'm on the sick because of an accident at work that has not gone down the conduct code.

Any insight would be greatly appreciated.

Thanks.

[POSTMAN]

Welcome,will move this to the pension forum as we have a few who know bits about this stuff.
Please note thought it won't be official.

[RobertT]

You could try this:
http://royalmailpensionplan.co.uk/108/i ... retirement" onclick="window.open(this.href);return false;

Or get in touch with the pension service centre and see if they'll give you a quote.

[amorley]

Thanks Robert, appreciated.

[bam2217]

Hi, my circumstances are about the same as yours 21 years service 30 hours i have just received my severence pay after 5 mounths absance it was decided i could no longer work as a walking post person due to my medical problems and no suitable indoor job could be found this is the rout you have to take. I did not get any kind of weekley pension but i guess thats depends on wether your capleble of working in some other capasaty or not they ofered me just under £10 K plus 12 weeks pay, thats the notice your suposed to give plus holiday owed, in my case only 6 days recon it should have been more like 6 weeks they only pay you up to the entitlement for the time of year. So not a fortune and a little disapointing but better than just leaving with nothing. I know how your feeling but i would advise to stick it out the good thing is while ever your in the prosses they have to keep paying you .

[amorley]

Thanks for that Bam, extremely helpful. The very best of luck with whatever you decide to do from now on. I hope it's more lucrative, less stressful and a darned sight easier than what you've done this last 21 years (or at least the latter part of it).