I'll heath retirement

[derekm]

I have been told I might be eligible for ill heath retirement after 20 years service and I am taking My nra 60 . I am 60 years of age . Can anyone tell me how it would affect my pension and how much royal mail pay for retiring me
Thanks

I don't think It should affect either your nra60 and nra65 as both schemes are now closed to new contributions. The agreement for IHR is 34 weeks pay untaxed and 12 week lieu of notice which is taxed. That worked out at £21,500 for me, a full timer.

So £21500 and your body is knackered !!! Not a lot considering what you have given to the company.

[grandypants]

Best thing I ever did

[robbertwhitton]

Best thing I ever did

You hide it so well my friend,yes am sure it’s the right way to go for those that are struggling,and would say it’s those that have been in a while and getting on a bit,

[97gaz]

So £21500 and your body is knackered !!! Not a lot considering what you have given to the company.

I would suspect that it's a lot more than other companies will pay. I don't think there's a requirement to pay an IHR payment. I stand to be corrected though.

[Mozalini]

So 21k is the figure for ihr, can you take part of the pension too? I've been paying in for 32 years and I'm 50 next week.

[Biker Mouse]

So 21k is the figure for ihr, can you take part of the pension too? I've been paying in for 32 years and I'm 50 next week.

Don’t think you can until you’re 55