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pension lump sum

07 Sep 2019, 13:33

going to turn 55 shortly
what lump sum(s) can i claim early
29yrs service


pension lump sum

07 Sep 2019, 13:46

You can take both your NRA60 and NRA65 benefits if you want to. But you'll see a 5% reduction for each year you take them before NRA.
If you want the lump sum, you also have to take the pension!

Get in touch with the PSC in Sheffield and they'll give you a quote.

More details on the RMPP website.

pension lump sum

11 Sep 2019, 10:06

I phoned Sheffield (number on wage slip), they sent me a simple form to fill in and sign. Got my Quote back the following week. You can't submit the form if it is more than 10 weeks to your 55th.

pension lump sum

11 Sep 2019, 16:53

The Pension website states that you can contact them when you are 54 yrs and 8 months. I phoned on that day and also received a form to fill in and received a quote approximately 7 days later :thumbup

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