RTP wrote:Another option to think about is to look into paying more into your Royal Mail pension. If you pay £10 a week extra then Royal Mail also pay more into it.
Most RM will contribute is 9% with 6% from you. You can make voluntary contributions but get nothing extra from RM.
Personally I think this is more attractive than SAYE because the money matures longer and you get tax relief off it.
RTP wrote:Another option to think about is to look into paying more into your Royal Mail pension. If you pay £10 a week extra then Royal Mail also pay more into it.
Most RM will contribute is 9% with 6% from you. You can make voluntary contributions but get nothing extra from RM.
Personally I think this is more attractive than SAYE because the money matures longer and you get tax relief off it.
tovadee wrote:If you sign up to the SAYE scheme but leave the company (resign/dismissed/vr) within the 3 years, do you lose the money that you've put in?
For every 6% of 100 pounds it only costs you £4.80 and then rm put in 9 pounds. So in effect you are saving £15 a week out of every £100 for £4.80 so not a bad deal
terry2972 wrote:For every 6% of 100 pounds it only costs you £4.80 and then rm put in 9 pounds. So in effect you are saving £15 a week out of every £100 for £4.80 so not a bad deal
it comes out of net pay so if you put in 5 pound it cost 5 pound rm dont put anything in
terry2972 wrote:For every 6% of 100 pounds it only costs you £4.80 and then rm put in 9 pounds. So in effect you are saving £15 a week out of every £100 for £4.80 so not a bad deal
it comes out of net pay so if you put in 5 pound it cost 5 pound rm dont put anything in
