ROYAL MAIL PROPERTY & FACILITIES SOLUTIONS PAY AGREEMENT 2024 BALLOT RESULT

Please find attached for your information the result of the Royal Mail Property & Facilities Solutions Pay Agreement 2024 Ballot. We wish to thank all those members who took part in the ballot.

We have informed RMPFSL of the ballot result and they will now start working on the implementation of the agreement. The arrears of pay will be paid on 31^stOctober 2024.

Further Information will be issued in due course.

Any enquiries in relation to the content of this LTB should be referred to either the PTCS department  khay@cwu.orgor Outdoor Postal department pharacz@cwu.org.

Yours sincerely,

Bobby Weatherall                    

Acting Assistant Secretary                               

Mark Baulch

Assistant Secretary

LTB 325/24 – ROYAL MAIL PROPERTY AND FACILITIES SOLUTIONS PAY AGREEMENT 2024 BALLOT RESULT

LTB 325/24 – Attachment 1

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Royal Mail: Pensions – Launch of the Collective Plan – Monday 7^th October

Branches are reminded that the new Collective Plan will launch on Monday 7^th October.  This brings to a conclusion a long journey since the concept and key principles were endorsed as an integral part of the Four Pillars Agreement.  The Collective Plan is the first of its kind across the UK and it is possible that this positive development will be picked up by the press and media.

Since the publication of LTB 304 dated 11^th September, the number of members who have signed up for either the Lump Sum Booster (LSB) or the AVC have significantly increased as follows:

• LSB 28,724
• AVC 5,268

In addition, 983 people who were not going to join automatically have opted into the Collective Plan which is also encouraging.

We have agreed with Royal Mail there will be a message on both weekly and monthly payslips alerting members to the possibility they may see a change in pension contributions and take home pay as pensionable pay may have changed.  Although it is considered that if there is any change it will be small for most people.

Branches are urged to remind members who are not in a pension scheme and have at least 12 months’ service that they can still opt in to the Collective Plan, though it will not take effect from day one of the Collective Plan.  Furthermore, members are still able to apply via the People App for the LSB or AVC even after the Collective Plan launches.  Please ask members to visit the Royal Mail Collective Plan website for further information: www.myroyalmail.com/collective-plan

In closing, the Collective Plan has been a long time coming and we are pleased our members will be able to take advantage of a pension for life and a guaranteed lump sum at retirement as these are important benefits for our members’ futures.

Yours sincerely,

Martin Walsh         

Deputy General Secretary (Postal)     

Andy Furey

Assistant Secretary

LTB 324/24 – Royal Mail Pensions Launch of the Collective Plan Monday 7th October

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Royal Mail: Collective Plan – Closure of the RMPP and the Associated Cessation of Sick Pay at Pension Rate

An integral part of the Four Pillars Agreement (Section 11) arising from the introduction of the new Collective Plan on 7^th October 2024is the closure of the RMPP.

As a consequence, Royal Mail notified the union back in 2018 of the future requirement (on the introduction of the Collective Plan) to remove Sick Pay at Pension Rate (SPPR) for those individuals who have exhausted both full and half sick pay.

From 7^th October, for any RMPP member exhausting half pay whilst on sick, there will be no facility to receive SPPR.  It should be noted that this benefit wasn’t available for our members in the Defined Contribution pension scheme and was paid by Royal Mail and not from the RMPP.  Therefore, the cessation of SPPR impacts solely on members of the RMPP.

We have though been able to agree transitional arrangements with Royal Mail that will enable those members in the RMPP who are currently on long term sick absence and already in receipt of SPPR to continue receiving this money until 30^th March 2025.  In essence, this means an extension of up to six months for those members currently off sick who have exhausted full and half pay.  These transitional arrangements were endorsed by the Postal Executive at its meeting on Tuesday 1^st October.

Royal Mail will shortly be writing directly to those individuals currently off sick and in receipt of SPPR at their home addresses to advise them that the SPPR arrangements (should they remain on sick leave) will continue until 30^th March 2025 but will cease thereafter.  Clearly, this timeframe provides significant support (nearly six months) for members who are currently in receipt of SPPR.

For the avoidance of doubt, any member (currently in the RMPP) that exhausts the six months at half pay after 7^th October will not have an entitlement to SPPR.  In these circumstances they will of course be able to claim Statutory Sick Pay from the state.

With the closure of the RMPP and the introduction of the new Collective Plan, these changes were unfortunately inevitable.  We have though sought to mitigate this situation for those members already on long term sick leave with the transitional arrangements up to 30^th March 2025.

Yours sincerely,

Martin Walsh
Deputy General Secretary (Postal)

Andy Furey
Assistant Secretary

LTB 323.24 Royal Mail Collective Plan Closure of the RMPP and the Associated Cessation of Sick Pay at Pension Rate

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VPLS Scheme in Business Field

I am writing to advise you that a VPLS scheme in Business Field was opened on 1st October and
will close on 14th October.

Successful applicants will be advised by 28th October and will have a last day of service of the
31st December 2024.

The details, which are the standard VPLS terms are attached.

Yours sincerely

Allan Eldred
National Officer

LTB 322/24

Attachment – UK Voluntary Paid Leaver scheme to open on 1 October 2024

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