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  • Uk Network Rail Pm602b 2023

Get Uk Network Rail Pm602b 2023-2025

PM602B Protected Railways Pension Scheme Network Rail SectionBRASS payroll deduction form Please use BLOCK CAPITAL letters Please fill in this form if: You would like to start contributing to BRASS,.

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How to fill out the UK Network Rail PM602B online

Filling out the UK Network Rail PM602B form is an important step for users wishing to start or modify their contributions to the BRASS payroll deduction scheme. This guide will help you navigate the process clearly and effectively, ensuring that you complete each section accurately and efficiently.

Follow the steps to successfully fill out the UK Network Rail PM602B form online.

  1. Click the ‘Get Form’ button to obtain the UK Network Rail PM602B and open it in your chosen digital format.
  2. Begin with section 1 titled 'Your details'. Fill in your title, surname, first names, contact telephone number, National Insurance number, and employee number using BLOCK CAPITAL letters.
  3. Move to section 2 for 'Your BRASS contributions'. Indicate if you want to make a one-off contribution or adjust your regular payment. Specify the amounts clearly, ensuring your one-off contribution is an acceptable amount of at least £2 per week.
  4. In section 3, identify your BRASS fund choices. If you are starting contributions, state your preferred funds. Otherwise, note that your contributions will continue in previously selected funds unless you indicate otherwise.
  5. Proceed to section 4 for the declaration. Confirm your agreement to the provided terms, and sign and date the form.
  6. Finally, submit the completed form by sending it to the Network Rail Pensions Team either via the specified email address or postal address provided in the form.

Complete your UK Network Rail PM602B form online today to ensure your contributions are processed efficiently.

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You can choose to pay Additional Voluntary Contributions (AVCs), known as BRASS, with the aim of increasing your RPS pension benefits. BRASS contributions are used to provide additional benefits on a defined contribution basis (Money Purchase) and are invested into AVC funds provided by the scheme.

As a BRASS member, you pay Additional Voluntary Contributions (AVCs). If you decide to join BRASS, the money you pay into your BRASS account is invested with the aim of 'topping up' your main Scheme pension for when you retire.

Your BRASS Account also has tax benefits; for example, there is no capital gains tax payable on the capital growth of your fund. You can join BRASS if you are a contributing member of the Scheme.

Please ask your employer about the maximum you can pay. Network Rail members should check their BRASS guide for details. The most you can contribute to BRASS each tax year is the higher of either: 15% of your gross pay, minus your normal Scheme contributions; or.

Please ask your employer about the maximum you can pay. Network Rail members should check their BRASS guide for details. The most you can contribute to BRASS each tax year is the higher of either: 15% of your gross pay, minus your normal Scheme contributions; or.

Additional Voluntary Contributions (AVCs) are a tax-efficient way to save more towards your pension benefits. The Scheme's main AVC arrangement is called BRASS. Your BRASS AVCs are invested in a range of funds with the aim of building up extra benefits over time.

When you take your benefits, the value of your BRASS funds is used to buy you extra pension in your section of the scheme. However, you are required to take a tax-free cash lump sum equal to your BRASS account value, up to the maximum allowed by HMRC.

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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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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