ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (UPDATED 2017)... HERE
07 Oct 2018, 12:15
morning ,on this weeks pay slip ,in the box titled pensions contrib.pay .it as £6.87 ,but I don't pay into the pension screen anymore ,any ideas (Robert) thanks.
07 Oct 2018, 13:01
The 'pensions contrib. pay' is the amount of your wages that your pension payments are based on. A figure of just £6.87 is a bit random, so if there aren't any pension deductions on your payslip, then I wouldn't worry too much.
On a separate note, why aren't you paying into any RM pension? Even if you've already taken your NRA60 & NRA65 you can still pay into the RMDCP.
By not doing so, you're giving away a lot of free money from both RM and the government.
07 Oct 2018, 17:59
Thanks for reply, regarding pension ,its a long story,can I rejoin ?
07 Oct 2018, 18:18
You can't rejoin the RMPP if you've opted out or taken your benefits, but you can join the RMDCP administered by Zurich. Details can be found here
You may have already been auto-enrolled into the RMDCP at some point? If so did you opt out?
Last edited by RobertT on 10 Oct 2018, 15:56, edited 2 times in total.
10 Oct 2018, 15:32
Been at Royal Mail 4 months now how do I get on the pension schemes and pay in to it please
10 Oct 2018, 15:59
Smith1212 wrote:Been at Royal Mail 4 months now how do I get on the pension schemes and pay in to it please
All the details are in the plan guide, available here
10 Oct 2018, 17:29
Thanks a lot
10 Oct 2018, 17:56
You may have already been auto-enrolled into the RMDCP at some point? If so did you opt out? yes ,can I rejoin ?
10 Oct 2018, 20:08
I pay in to the union and i have never opted out of anything,since working at Royal Mail so hopefully I’ll start getting my pension taken out of my wage slip
11 Oct 2018, 03:24
stodgy88 wrote:You may have already been auto-enrolled into the RMDCP at some point? If so did you opt out? yes ,can I rejoin ?
Yes you should be able to, as this Pensions Advisory Service info
Get in touch with RMDCP people and ask. Their contact details are in the plan guide I linked to in my previous post.
11 Oct 2018, 03:58
Thanks RobertT as always.