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Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. By clicking Accept All, you consent to the use of ALL the cookies. 2023 Copyright Capita plc. Its based on the number of years and days you worked up to then, and your current pensionable pay. Capita: Watchdog warns pension funds over data after hack If Royal Mail Group or Post Office Ltd propose any changes to the plan, the Trustee must consider them carefully. You can find the application forms and more information inthe Media Centre under Forms, Other forms. ROYAL MAIL: PENSIONS SERVICE CENTRE - TRANSFER OF WORK TO CAPITA - UPDATE In October 2017 the Cabinet Office announced it had awarded the contract for the administration of the Royal Mail Statutory Pension Scheme (RMSPS) to Capita. Prior to this, he was Divisional Representative for the South East Division of the CWU, and a member of both the Union of Communication Workers and National ExecutiveCouncils. You are a member of the Royal Mail Statutory Pension Scheme; and You have your National Insurance number to hand. Then, when you retire, you get a regular income for life, as well as a tax-free lump sum. Our pensions administration services help employers by: Any organisation looking for an efficient and effective pensions administration solution so they can focus on their core business without having to worry about running a pension scheme, in a fast-evolving legislative landscape. The BBC is not responsible for the content of external sites. The Trustees advisers over the past year comprised; Actuary, Auditors, Bankers, Custodian and Performance Measurers, Financial Advisers, Investment Consultants, Investment Managers, Property Valuers, Legal Advisers, and Solicitors. Visit the RMSPS websitehere. The cookie is used to store the user consent for the cookies in the category "Other. The letter, which was first reported by The Sunday Times, also reminded trustees of their responsibilities to safeguard the data of their members.