Errata to LTB 276/20 – Pay Increases and Pension Contributions for the Defined Benefit Scheme in Royal Mail Group

Errata to LTB 276/20 – Pay Increases and Pension Contributions for the Defined Benefit Scheme in Royal Mail Group

Further to LTB 276/20 circulated on 28th May 2020, Branches are advised that the second paragraph on page two of the aforementioned LTB should read as follows:

As a result of this calculation, pensionable pay contributions for RMPP members went up by 3.3% in April 2019 as this was the inflation figure as of 30 September 2018. However colleagues will recall that basic pay increased by 2% in April 2019, although this figure is still part of the current dispute on the funding formula for the second hour off the working week.

Please accept the Department’s apologies for any confusion/inconvenience this error may have caused.

Any enquiries in relation to the content of this LTB should be addressed to the DGS(P) Department.

Yours sincerely,

Terry Pullinger

Deputy General Secretary (Postal)            

20LTB285 Errata to LTB 276.20 Pay Increases and Pension Contributions for the Defined Benefit Scheme in Royal Mail Group

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: