Royal Mail Defined Contribution Plan

Information for RMDCP members on your current and future retirement benefits.

Royal Mail Defined Contribution Plan

Information for RMDCP members on your current and future retirement benefits.

 

Click here to access your RMDCP account. 

The Royal Mail Defined Contribution Plan is open to eligible new employees of Royal Mail Group and those eligible employees who are not members of any other Royal Mail Group pension arrangement. You can access your RMDCP account at the link above. 

Pension agreement

In February 2018, members of the Royal Mail Defined Contribution Plan (RMDCP) were sent a home mailing to help them understand what our agreement with the CWU could mean for their retirement benefits.

You can also access this information at the links below.

For RMDCP members with more than five years’ service with the Company (including four years' continuous service at the standard contribution level in the RMDCP)

Booklet - 2018 Pension Review update

Form – choosing a different contribution level

Form - joining DBCBS 

For RMDCP members with less than five years’ service with the Company (including four years' continuous service at the standard level of contribution in the RMDCP)

Booklet - 2018 Pension Review update

Form – choosing a different contribution level

RMDCP members who are approaching five years’ service with the Company (including four years' continuous service at the standard contribution level in the RMDCP)

You will have the option to join the Defined Benefit Cash Balance Scheme. They will receive a home mailing summarising their options before they reach five years’ service. You can also access this information at the links below.

Letter: members approaching five years' service 

Booklet: members approaching five years' service 

Form: joining DBCBS 

Form: RMDCP contribution level 

Questions

For further information, please see the questions and answers here.   

You can also call the Pensions Helpline on 0114 241 4545. Lines are open Monday-Friday, 8.30am-5.00pm, not including bank holidays or email pensions.helpline@royalmail.com

Background information

The Company’s consultation on the Royal Mail Defined Contribution Plan (RMDCP) ended on 2 May 2014 and the Company made its decision on the changes.

Details of the changes are set out in the Decision letter.

Building up a pension is a key way of saving for your retirement, and the Company is keen to support you in doing that. Although the pension that you ultimately receive from the RMDCP will depend on a number of factors, a major one is the amount contributed by both you and the Company. The Company hopes that its decision will encourage members of the Plan to save more and to make adequate provision for retirement.