What you pay

You pay 6% of your Contributory Pay into the Plan for as long as you remain in Reckonable Service. You continue to pay until you complete 45 years' Reckonable Service (or reach age 75 if earlier). Your contributions would cease if you leave Reckonable Service.

The Company pays contributions at a rate agreed with the Trustee, after taking advice from the Actuary, in order to meet the cost of benefits.

Optional contributions
You can top up your pension by paying Additional Voluntary Contributions (AVCs). Find out more by going to the AVC section of this website. You can also pay into other AVC or pension arrangements (not provided by Royal Mail Pension Plan) if you wish, such as a personal pension plan or stakeholder pension plan.

For more details about the following, use the links below, or the menu on the left: