Deciding to retire is a big decision.
Member Nominated Director (MND) vacancies now live
The Trustee Directors of the Royal Mail Collective Pension Plan, the ‘Collective Plan’, are seeking passionate and committed individuals from the active membership to join the Trustee Board.
There are four MND vacancies to fill from April 2025.
This is a vital role in ensuring the success of the Collective Plan, offering a fantastic opportunity to directly impact decision-making and shape the future of the Plan.
All Collective Plan members are invited to apply. Applicants will be shortlisted based on their suitability for the role and then put forward to the ballot.
To apply, or for further information on the MND election process click below.
Once you’ve made that important choice, you need to know what to do to get your income for life and lump sum.
When you decide to retire from the Collective Plan, you’ll get your one-off lump sum and you’ll start to get your income for life, paid monthly, too.
Every year, we’ll let you know whether your income for life for the next 12 months will go up or down or stay the same.
This section of the website tells you what you need to do when you want to retire, how to find out what you’ll get from the Collective Plan and give you an overview of how your lump sum and income for life will be taxed.