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Forum: Military Aviation

1st Mar 2012, 09:54

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

We are waiting for confirmation on commutation...

We are waiting for confirmation on commutation but, as it is outside the pension scheme and it is a really a loan system, there is a good argument for it to be left alone. Keep an eye on our website...

Forum: Military Aviation

27th Feb 2012, 18:38

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

A legal challenge ....

Before going down this route, you need to appreciate that you do not have many of the employment rights enjoyed by others (see our leaflet on the unique nature of military service at The Forces...

Forum: Military Aviation

23rd Feb 2012, 09:03

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

What I have seen in black and white is that 'if...

What I have seen in black and white is that 'if you are 45 years old or over on 1 April 2012, you will be protected'. What we really need is the Framework Document - then those understandably worried...

Forum: Military Aviation

18th Feb 2012, 22:50

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

new pension scheme

At the risk of boring you, I am afraid that your questions cannot be answered fully until the framework document is published.

The Armed Forces (Pensions and Compensation) Act 2004 has a...

Forum: Military Aviation

18th Feb 2012, 22:42

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

Framework Document

As promised, I asked where we were with getting sight of the Framework Document. It appears that a couple of issues are being ironed out with the Treasury and, until they are, the document cannot be...

Forum: Military Aviation

15th Feb 2012, 17:13

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

consultation period

We at the Forces Pension Society had understood that the consultation period was supposed to be concluded by the end of March. However, time is running out for this to be achieved as the Framework...

Forum: Military Aviation

7th Dec 2011, 08:59

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

As soon as we have the Framework Document we will...

As soon as we have the Framework Document we will put it on our website ( The Forces Pension Society (http://www.forpen.co.uk) ) and flag it up here.

We at the Forces Pension Society have be...

Forum: Military Aviation

19th Nov 2011, 07:29

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

No intention to misrepresent - simply answering...

No intention to misrepresent - simply answering the question. AFPS 05 is in a different statutory instrument to the EDP scheme. Here are the facts on EDP.

When AFPS 05 was being written, the...

Forum: Military Aviation

17th Nov 2011, 11:15

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

AFPS 75: If you serve for 16 yrs from age 21 as...

AFPS 75:
If you serve for 16 yrs from age 21 as an officer or 22yrs from age 18 as an OR you get your pension immediately. If you leave before these points, your pension is preserved. Preserved...

Forum: Military Aviation

14th Nov 2011, 07:30

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

Just a quick correction FPS membership is...

Just a quick correction FPS membership is currently £30 pa - not £16.

Forum: Military Aviation

14th Nov 2011, 07:27

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

Armed Forces Pensions

I can confirm that, when the pension is dynamised, the lump sum is three times the higher amount.

The only times I can think of that the lump sum is not three times the pension are:

- if an...

Forum: Military Aviation

13th Nov 2011, 08:53

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

Dynamising

The 75 scheme works on pension codes and pension codes are linked to pay. Thus when inflation runs ahead of pay rises, like now, a pension trough occurs.

When MOD were designing AFPS 05 the...

Forum: Military Aviation

7th Nov 2011, 15:28

Replies: 267

Armed Forces pension

Views: 90,376

Posted By Voxpop

Changes to the Armed Forces Pension Schemes

The plan is that in 2015 or 2016 (at the latest) the Armed Forces Pension Schemes will close and all serving personnel will be transferred to a career-average scheme. The Forces Pension Society has...

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