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Capita statement ?

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.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Capita statement ?

Post by rambo1 »

RobertT wrote:
21 Aug 2022, 10:42
We used to get 1 annual RM pension statement. But the Cabinet Office decided the RMSPS should be run by a separate company(Capita) a few years ago, hence the 2 statements.
But as all you have to do is add up a few numbers, it's not too hard to work out what your pension entitlement is.

What we actually have is:

Final salary up to 2008.
Career average salary 2008-2018.
DBCBS 2018-present.
RMSPS up to 2012.
RMPP from 2012-present.
NRA60 up to 2010.
NRA65 2010-2018 + most of the DBCBS.
Some will also have AVC's, which could be Addplan, Flexiplan or Bonusplan.

For those who joined RM after 1st April 2008:

The RMDCP.
Those who've been in that for at least 5 years have the choice to join the DBCBS(section F) instead.

There will be some who've either taken all their NRA60/65 or joined and then opted out of them at some point and they will potentially have the RMDCP as well.

We're all soon to have the choice of:

CDC or Nest.

Plus, we'll all have state pension and some will also have private pensions and pensions from other employers too.
Yeah Robert you make it sound so simple lol .