The Collective Plan is the future of pensions at Royal Mail.
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.
For any pension you have, there are two big things you’ll need to think about – how much you’ll get and when you want to retire.
You’ll get two things from the Collective Plan:
An income for life
A one-off lump sum
You’ll get these at the same time, along with any Additional Voluntary Contributions (AVCs) you’ve chosen to pay.
The Collective Plan has what’s known as a ‘Normal Retirement Age’. It’s the age that the Collective Plan uses to work out the income for life and lump sum that you’ll get. The Collective Plan’s Normal Retirement Age is 67. But you could get your income for life and lump sum earlier or later, depending on your circumstances.