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Forum: Military Aviation

5th Apr 2012, 20:51

Replies: 162

FAFPS 2015

Views: 39,461

Posted By bootscooter

GreenieLynxPilot - First of all, please do...

GreenieLynxPilot -

First of all, please do not assume that everyone on here (and everyone affected by these changes) holds a commission.

Secondly, those that opted for the 05 pension made no...

Forum: Military Aviation

25th Mar 2012, 22:33

Replies: 162

FAFPS 2015

Views: 39,461

Posted By bootscooter

LJ - so at what time scale, and what percentage...

LJ - so at what time scale, and what percentage slashing of my pension should I start getting upset about? And what if in 6 years time we have our pensions cut again?
I've got 12 years left to my...

Forum: Military Aviation

24th Mar 2012, 00:22

Replies: 162

FAFPS 2015

Views: 39,461

Posted By bootscooter

You're right of course, none of us know the...

You're right of course, none of us know the details but....

I joined at age 27, have done 16 years, do aim to serve to 55 at which point the 05 pension gives better return than the 75 hence my...

Forum: Military Aviation

23rd Mar 2012, 22:32

Replies: 162

FAFPS 2015

Views: 39,461

Posted By bootscooter

Gah! I still can't see how that is legal* ...

Gah! I still can't see how that is legal*

1. Company offers pension deal A giving X, or pension B giving X plus 10%
2. Person signs up to pension B (no brainer as planning to serve to 55)

7...

Forum: Military Aviation

23rd Mar 2012, 21:27

Replies: 162

FAFPS 2015

Views: 39,461

Posted By bootscooter

"In my view, and that of many others, the new...

"In my view, and that of many others, the new pension was designed to get people to commit to the service till age 55, rewarding them with a hansome pension for doing so. I was happy to commit to the...

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