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If you joined the Royal Mail pension scheme before the 1st April 1987, you will be a member of Section A or B of the Royal Mail Pension Plan and will also have benefits in the Royal Mail Statutory Pension Scheme. You need to watch the first video. Please remember any monetary values given are for illustrative purposes only. (The video opens in a viewer. Once you have finished click the white cross to close it.)
If you joined the Royal Mail pension scheme on or after the 1st April 1987 and before the 1st April 2008, you will be a member of Section C of the Royal Mail Pension Plan and will also have benefits in the Royal Mail Statutory Pension Scheme. You will need to watch the second video. Please remember any monetary values given are for illustrative purposes only. (The video opens in a viewer. Once you have finished click the white cross to close it.)
You can also click on the following link to download a booklet explaining these pension schemes in further detail.
Booklet 4: Royal Mail’s Cash Balance Section
Booklet 5: Royal Mail’s Pre-2018 Defined Benefit (DB) pension schemes