Benefits building up in the RMPP after 1 April 2018 are normally increased each year in accordance with a policy set by Royal Mail Group. This is based on market conditions from time to time, but the aim is to provide an above inflation increase. We’re pleased to advise that the benefits built up in the Cash Balance fund as at 31 March 2020 for current employees (and those who left since 1 April 2018 - not just those who left since April 2019 as indicated in the printed version of Pensions News) were increased on 1 April 2021 by 1.7%.
Royal Mail Pension Plan
Did you know?
help run your Plan. Four are
nominated by the employers, four
by the unions and one
is an independent Chair
are in the RMPP from
active to retired
in the Plan at 31 March 2020
How your Royal Mail pension works
Who looks after my pension?
The Plan is divided into different sections depending on when you started working with us.
Benefits earned before 1 April 2012 are in the RMSPS and paid by Capita.
Visit the RMSPS website below.