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  • Network Rail Application For Benefits Form (pm65d)

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PM65d Railways Pension Scheme Network Rail SectionApplication for Payment of Benefits When filling in this form it is important that you read and understand all the instructions before putting pen.

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Welcome to the Railways Pension Scheme (RPS) page. The RPS scheme is generally available to Network Rail staff who have completed five years continuous service with the Company. You can learn more about the Scheme, the benefits it offers and the costs involved by downloading and reading the RPS65 Scheme booklet.

The NRDC is a defined contribution scheme. Each member has a Personal Retirement Account (PRA) into which contributions are paid and at retirement the value of all the contributions paid in and investment returns achieved over the course of the membership are used to provide the member's benefits.

Railways pension scheme (RPS)

RPS contributions are based on Section Pay rather than your Network Rail Headline Salary. Section Pay is calculated as your Pensionable Pay less a Basic State Pension Deductor (BSP Deductor). For RPS60, the BSP Deductor is 150% of the Basic State Pension. For RPS65, the BSP Deductor is 75% of the Basic State Pension.

If you're a member of the Railways Pension Scheme (RPS), you're in a workplace pension. Whilst an active member you pay regular contributions into a workplace pension, your employer normally pays in too, and the government contributes with tax relief.

Pensions, also known as pension pots, are long-term savings that you can only access after reaching a certain age. Currently, this age is 55, but it's set to rise to 57 in 2028. Pensions come with attractive tax benefits, making them a cornerstone of retirement planning.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232