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Understanding deferred pension figures

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.
Brasstack
Posts: 3
Joined: 13 Feb 2022, 05:27
Gender: Female

Understanding deferred pension figures

Post by Brasstack »

Can I ask for help understanding my deferred pension statement I have left company ,was in Plan c pension cannot understand the capita statement show figures as follows

Preserved rmsps £2333.26
Above includes a pension supplement £418.69
So do I add two together?

Also another set figures underneath
Preserved benefit £2887.41
Above includes a pension supplement of £518.13
Again do the two add together

Also is one age 60 & the other over 65 benefit
Sorry for essay but doesn’t tell me in the statement thanks in advance
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Understanding deferred pension figures

Post by RobertT »

The RMSPS, administered by Capita, is responsible for the pension you accrued up to 31st March 2012. NRA60 benefits are up to 31st March 2010, with NRA65 being afterwards.

The RMPP is responsible for pensions from 1st April 2012 onwards and you should have a separate statement from them too!

So going by the limited info provided, at a guess I would say the first figures relate to just your NRA60 and the second figures are your total RMSPS benefits.

If you take the difference between the two(£554.15) and add it to your RMPP statement figures, it should give you your total NRA65 benefits.

But I reiterate there's not much to go by and with limited experience of deferred statements, that is just a reasonably well educated guess.

The supplement is paid to section C members until state pension age, as long as they've left RM employment. If it says that is included in the figures, then it's included in the figures and there's no need to add the two together.
Links to all RM pension related websites are here
Brasstack
Posts: 3
Joined: 13 Feb 2022, 05:27
Gender: Female

Re: Understanding deferred pension figures

Post by Brasstack »

Ok thank you for the swift reply makes sense yes have got rmpp which was clear just capita not so cheers