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Resignation

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Warriorpostie
EX ROYAL MAIL
Posts: 118
Joined: 23 Jan 2018, 17:01
Gender: Male

Resignation

Post by Warriorpostie »

Handed in my notice today, just wondering what happens with my pension? Does it go on pause?
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k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Resignation

Post by k979aaa »

Warriorpostie wrote:Handed in my notice today, just wondering what happens with my pension? Does it go on pause?
How many years do you have ?
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RobertT
EX ROYAL MAIL
Posts: 6682
Joined: 09 Sep 2007, 14:26
Gender: Male

Resignation

Post by RobertT »

Warriorpostie wrote:Handed in my notice today, just wondering what happens with my pension? Does it go on pause?
If you have NRA60 & NRA65 benefits they will continue to increase with CPI inflation until you take them. The DBCBS will increase by a discretionary amount each year.

If you're in the RM Defined Contribution Plan with Scottish Widows(formerly Zurich), you have a pot of money which will continue to fluctuate in value in line with your chosen investments. You can still change those investments at any time.
Links to all RM pension related websites are here
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Warriorpostie
EX ROYAL MAIL
Posts: 118
Joined: 23 Jan 2018, 17:01
Gender: Male

Resignation

Post by Warriorpostie »

k979aaa wrote:
Warriorpostie wrote:Handed in my notice today, just wondering what happens with my pension? Does it go on pause?
How many years do you have ?

Ten years service.
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RobertT
EX ROYAL MAIL
Posts: 6682
Joined: 09 Sep 2007, 14:26
Gender: Male

Resignation

Post by RobertT »

Warriorpostie wrote:Ten years service.
it sounds like you're in the RMDCP then!
Links to all RM pension related websites are here
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