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RM Pension Deductions

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.
GlassDoor
Posts: 57
Joined: 01 Mar 2018, 07:52
Gender: Male

RM Pension Deductions

Post by GlassDoor »

Hi

I’m a full time postman. I’m Paying in the extra 1 % to the new pension and Royal Mail are supposed to match that.
My pension deduction is £32.xx per week. Shouldn’t it be £37.xx per week with the extra 1%
The old pension I was paying £32

A little confused.
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yubin282
Posts: 969
Joined: 25 Jul 2014, 19:18
Gender: Male

Re: RM Pension Deductions

Post by yubin282 »

GlassDoor wrote: ↑
13 May 2025, 18:47
 Hi

I’m a full time postman. I’m Paying in the extra 1 % to the new pension and Royal Mail are supposed to match that.
My pension deduction is £32.xx per week. Shouldn’t it be £37.xx per week with the extra 1%
The old pension I was paying £32

A little confused.
£34.79 I believe. 7%
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GlassDoor
Posts: 57
Joined: 01 Mar 2018, 07:52
Gender: Male

Re: RM Pension Deductions

Post by GlassDoor »

Sorry just in from work and being dense.

This is MY contributions not the employers. This ignore above
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Jaggs
Posts: 129
Joined: 18 Jan 2011, 11:18
Gender: Male

Re: RM Pension Deductions

Post by Jaggs »

GlassDoor wrote: ↑
13 May 2025, 18:47
 Hi

I’m a full time postman. I’m Paying in the extra 1 % to the new pension and Royal Mail are supposed to match that.
My pension deduction is £32.xx per week. Shouldn’t it be £37.xx per week with the extra 1%
The old pension I was paying £32

A little confused.
Does it show as 2 separate lines on your payslip? The basic 6% is deducted as RMCPP EE and the 1% lump sum booster should have a line saying LSB EE
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