21 March 2019
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Royal Mail Defined Contribution Plan

More information on your future pension arrangements.

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

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

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 

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.

The Royal Mail Pension Plan, in its current form, closed to future accrual on 31 March 2018. The agreement we have reached with the CWU aims to provide innovative retirement benefits. It would provide one scheme for all Royal Mail employees.