Tag: Mail Services

Royal Mail: Decision on Pension Plan Reform (UK)

Royal Mail has announced the outcome of its consultation on changes to its pension plan – 12 months after first proposing amending the scheme.

The changes follow extensive talks with unions and employee representatives since last April, which resulted in major changes to the original proposals, followed by a formal consultation with every employee member of the pension plan lasting more than 60 days from last November to mid-January this year.

Royal Mail reiterated the announcement made last autumn that both the CWU and Unite had agreed to support the changes as part of wider agreements with each on pay, modernisation and pension reform.

Details of the changes to the plan are being sent to every employee. The key points are:
• All pension benefits earned before 1 April 2008 will be protected and linked to final salary at the time of retirement.
• Employees can continue to take their pension on reaching 60 but the normal retirement age will increase to 65 from 1 April 2010. It will be possible to draw a pension at the age of 60 and continue working while still contributing into the pension plan until the maximum level of contributions has been reached.
• From 1 April 2008, benefits building up for employee members of the plan will be earned on a Career Salary basis.
• The plan will close to new members from 31 March 2008.
• A new defined contribution scheme will be launched in April 2009 and new recruits joining the company after 31 March 2008 will be able to join it after they have worked for the company for a year.

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Cost of postal services goes up by 25 pct in Samoa

The prices of domestic and international postal services in Samoa have gone up by 25 pct

Samoa Post’s acting general manager, Tupe Ualolo Nun Yan, says the tariff increase is inevitable and long overdue.

He explains that postal costs have gone up considerably since the postal tariff review for international mail in 2006, and the domestic mail review in 1994.

The increase is to offset the higher postal costs which have been caused by rising overseas and domestic delivery charges, freight, VAGST and inflation.

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The Role Of European Post Offices

Noted this week is Richard Owen’s observations on “The Italian Perspective” in the Times.

Owen like myself, feels some frustration in the lack of thought when it came to revolutionising the UK’s postal network and, compared to the Italian model, postively backward.

The trouble is, attempts to make the most of the internet age and diversify in terms of products, has all been too little and too late for the Post Office. Declining mail volumes and the switch to online payments for road tax and direct state benefits have hit post offices very hard in a relatively short space of time. I cannot argue with the reasoning behind closures – they cost a fortune to maintain and many run at a loss, but we’re closing them because the network has simply bumbled along with insufficent thought to their long-term future. We also seem to be putting all our trust in a digital age when many areas of the UK (particularly rural) have little or no internet connectivity.

This all reminds me of a friend who lives not far away, in a more remote area of France. He often experiences complete power cuts – sometimes for several hours. Television reception is poor, the location impossible for a good line of sight for satellite reception, and entirely at the mercy of a local farmer who kindly erected a kind of makeshift booster mast made out of unwanted farming implements. It stands, somewhat embarassed, amongst a flock of bemused sheep. It works – when the weather is reasonable.
For many, a post office email service would be a lifeline, and use of the internet a real bonus. Cash machines too are few and far between and a post office network that was hooked into all the major banks would transform the role of post offices. Instead, the British see them as places to buy stamps and not much else.

Post offices have traditionally been community hubs and actually, whilst the technology may have changed, there is no reason why they cannot continue to be – and thrive.

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Post Office UK: New registration plates fail to impress UK drivers

As new car registration plates hit the forecourts this weekend, thousands of drivers across the UK are expected to flock to car garages to upgrade their wheels.

However, research from Post Office Car Insurance reveals that 1 in 4 people in the UK still find the current car number plate system confusing, 7 years after it was introduced, 1 while many see little point in paying a premium for 08 plates.

New number plates used to be considered as much of a status symbol as the house you lived in, but Post Office Car Insurance’s research reveals attitudes have changed, with 51 per cent of people claiming to have no interest in them.

When it comes to taking out car insurance, the research showed UK drivers to be particularly savvy, with more than half (59 per cent) saying they would shop around first before taking out car insurance with their car dealer.

The Post Office is currently offering customers a £50 cash back bonus when they take out a new car insurance policy.

Post Office Car Insurance includes:
• Free courtesy car
• 24 hour claims helpline
• 3-year guarantee on repairs
• Free windscreen repair service
• New replacement car if theirs is stolen or damaged beyond repair and under 12 months old
• In the event of a write off, market value will be given for the car
• Cover for driving in the EU for up to 60 days
• RAC breakdown cover (extra cover option)
• Motor Legal Protection (extra cover option)

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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