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Forum: Military Aviation

2nd Mar 2012, 09:09

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

Yes, that's how I read it. However, lots of...

Yes, that's how I read it. However, lots of agencies are urging caution and there seems to be something of a battle going on within the treasury as to which "bright ideas" get implimented. This...

Forum: Military Aviation

2nd Mar 2012, 08:39

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

Here's even more to worry about: Lib Dems'...

Here's even more to worry about:

Lib Dems' pension tax: '5p on rate of income tax' for senior public sector staff...

Forum: Military Aviation

25th Feb 2012, 18:29

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

Quazzi, Here are a couple of important...

Quazzi,

Here are a couple of important things that you should remember:

If you've recently been promoted, you won't be credited with the resulting pension increase for another year or two....

Forum: Military Aviation

25th Feb 2012, 09:02

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

Quazzi, I don't think the government will...

Quazzi,

I don't think the government will single out the military by taxing gratuities as such, but it's possible that they may start taxing all pension lump sum payments. If they did that for...

Forum: Military Aviation

29th Nov 2011, 15:46

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

It's actually really quite a smart strategy by...

It's actually really quite a smart strategy by the government; print more money, accept the high inflation rate that results from doing so, keep interest rates low, freeze public sector pay and...

Forum: Military Aviation

29th Nov 2011, 14:09

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

It means, in real terms, that over the 4 years of...

It means, in real terms, that over the 4 years of pay cap, public sector pay and pensions will have reduced by about 20%. And that's before any changes to the military pension schemes.

I guess...

Forum: Military Aviation

19th Nov 2011, 22:32

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

The PM should remember that he has a sizeable...

The PM should remember that he has a sizeable military vote in his constituency - perhaps larger than it was 18 months ago!

Witney (http://www.theyworkforyou.com/mp/david_cameron/witney)

Forum: Military Aviation

18th Nov 2011, 22:12

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

Here's more to worry about! Will the...

Here's more to worry about!

Will the Chancellor demolish pension tax breaks?...

Forum: Military Aviation

12th Nov 2011, 12:22

Replies: 267

Armed Forces pension

Views: 90,378

Posted By LFFC

JTO, It's all to do with the way that your...

JTO,

It's all to do with the way that your Final Salary is calculated under AFPS05. When 05 was being formulated, the FPS lobbied that it should be "dynamic" over the last 2 years. As I...

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