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How can I work out my pension supplement
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comeracing
- Posts: 804
- Joined: 28 Nov 2010, 20:58
- Gender: Male
How can I work out my pension supplement
Going at 55 ,with 31 years service
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RobertT
- EX ROYAL MAIL
- Posts: 6641
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: How can I work out my pension supplement
The supplement is a bit of a grey area, but my understanding is that broadly speaking you get the same amount(possibly a bit less) of supplement in total when you take it early, compared to at NRA. But as it's over a longer period of time, you'll obviously get less per year.
Use the amounts on your last annual statements, do a bit of maths and you should get a rough idea.
Use the amounts on your last annual statements, do a bit of maths and you should get a rough idea.
Links to all RM pension related websites are here