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Thread: Raf Pension
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Old 28th Jan 2006, 18:08
  #10 (permalink)  
engineer(retard)
 
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I did the same, losing about £1k a year. However, the whole lot being taxed at 40% on top of my new salary, I ended up losing £50 per month. My income after leaving is substantially more than I would have made staying in. Also while you are still serving you are not being paid any pension at all. So in my case a win but you have to look at the big picture to make an informed decision. Spending some time on a spreadheet playing with the numbers helps.

regards

retard
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