VinRouge
24th Oct 2013, 15:22
Was wondering if anyone knew about any recent changes to Pensions TOS that could permit those of us on 16/38 engagements (AFPS 75) to leave slightly earlier than expected?
It could be an error in the pensions calculator, BUT, I was expecting to leave the service on my 38th birthday, after the 2015 pensions changeover. It appears, according to the pensions calculator, that I no longer have to serve to my 38th birthday, but can in fact leave after 16 years service (approximately 12 months earlier) and still receive the same gratuity and a slightly smaller pension at 65 (as I have accrued as much as I could accrue under the 75 scheme up to 2015).
Now, seeing as it proves no point whatsoever staying in on the chicken sh*t pension scheme that those on grandfather rights negotiated for the rest of the minions, what I would like to know is whether the pensions calculator is in fact correct and I can get out of dodge a full year early, or whether I have to suck it up for a year on a sh*t pension scheme accruing very little to receive my gratuity and qualify for immediate pension?
I hear musings over EU legislation regarding age discrimination forcing this change, but am not aware as to DIN notifying of these changes or MOD propaganda central that would confirm this change to minimum TOS? For those of us who joined prior to our 22nd birthday, it would be useful to know either way.
It could be an error in the pensions calculator, BUT, I was expecting to leave the service on my 38th birthday, after the 2015 pensions changeover. It appears, according to the pensions calculator, that I no longer have to serve to my 38th birthday, but can in fact leave after 16 years service (approximately 12 months earlier) and still receive the same gratuity and a slightly smaller pension at 65 (as I have accrued as much as I could accrue under the 75 scheme up to 2015).
Now, seeing as it proves no point whatsoever staying in on the chicken sh*t pension scheme that those on grandfather rights negotiated for the rest of the minions, what I would like to know is whether the pensions calculator is in fact correct and I can get out of dodge a full year early, or whether I have to suck it up for a year on a sh*t pension scheme accruing very little to receive my gratuity and qualify for immediate pension?
I hear musings over EU legislation regarding age discrimination forcing this change, but am not aware as to DIN notifying of these changes or MOD propaganda central that would confirm this change to minimum TOS? For those of us who joined prior to our 22nd birthday, it would be useful to know either way.