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Lump sum at 55

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.
SWIM
Posts: 417
Joined: 11 Jan 2010, 20:33
Gender: Male

Lump sum at 55

Post by SWIM »

can we take/get lump sum at 55?
'deal of the century' - dingo
grchpo
Posts: 488
Joined: 16 Mar 2019, 13:59
Gender: Male

Re: Lump sum at 55

Post by grchpo »

Yes, but lose 25% on NRA 60 & 50% on NRA 65
max49
EX ROYAL MAIL
Posts: 122
Joined: 31 Dec 2010, 20:58
Gender: Female

Re: Lump sum at 55

Post by max49 »

Also you have to take all the Pension, not just the lump sum part.
SWIM
Posts: 417
Joined: 11 Jan 2010, 20:33
Gender: Male

Re: Lump sum at 55

Post by SWIM »

thanks for replies. 👍
'deal of the century' - dingo