Royal Mail Pension - Impending Changes

wkt54

Just seen this:

for a "career average" scheme to replace the current final salary version from 1 April next year
for the standard retirement age to rise from 60 to 65 in 2010, though only for service after that date
for new recruits, from January 2008, to be offered a separate "money purchase" scheme altogether
for staff to keep contributing at 6% of salaries a year

I was with Royal Mail for 10 years and left 3 years ago.

Will my final salary scheme be replaced - or does this only imply to current and future employees?

Will I have to wait to 65 now to receive it, or will I still get it at 60?

Tks.

Andy_L

Changes can only affect future service