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Pension payments aged 65

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.
postie2007
EX ROYAL MAIL
Posts: 65
Joined: 20 Oct 2011, 09:46
Gender: Male

Pension payments aged 65

Post by postie2007 »

I am currently in receipt of my pension and am no longer working for Royal Mail. Does my supplement payment reduce when I reach the national retirement age (65) or does it continue at the same level going forward.
TIA
RobertT
EX ROYAL MAIL
Posts: 6415
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension payments aged 65

Post by RobertT »

The pension supplement, payable to section C members, stops when you reach state pension age.

To receive the state pension you currently have to be aged 66, but that is going to increase to 67 between 2026 and 2028.
Links to all RM pension related websites are here
tractorboy2
EX ROYAL MAIL
Posts: 516
Joined: 18 Jan 2012, 11:03
Gender: Male

Re: Pension payments aged 65

Post by tractorboy2 »

You would think there would be a more definitive date by now , such as April 2027.
RobertT
EX ROYAL MAIL
Posts: 6415
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension payments aged 65

Post by RobertT »

tractorboy2 wrote:
14 Nov 2025, 08:08
You would think there would be a more definitive date by now , such as April 2027.
It's being phased in over 2 years in a very similar way to how it increased from 65 to 66 between 2018 and 2020.

The timetable for the increase to 67 was announced in 2014 after a change of law in that year:
https://assets.publishing.service.gov.u ... etable.pdf

There's currently a state pension review happening which may see more changes made.
The increase to 68 is legislated for 2044-2046 but is widely expected to be brought forward into the 2030's, plus there may well be increases to 69 and beyond in the future too.
Links to all RM pension related websites are here