What happens if you leave Royal Mail?

If you leave Royal Mail, you’ll stop saving money into your RMDCP pension pot. Royal Mail will stop adding money too.

If you’re under 55, you can’t use your money yet. So, you can leave your money invested in the Plan until you want to start taking it, or you can transfer the money in your RMDCP pension pot to another scheme.

The earliest you can usually start taking your money is when you turn 55, but you don’t have to take it then. You just have to have started taking it by your 75th birthday.

Moving your money to another pension scheme

If you’re 55 or over, you can start taking the money in your RMDCP pension pot if you want to. Or, you can leave it invested in the Plan until you’re ready to take it. You could also transfer the money in your RMDCP pension pot to another pension scheme.

Moving your money to another pension scheme