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Old 9th Aug 2018, 08:00
  #158 (permalink)  
Meikleour
 
Join Date: Jul 2007
Location: uk
Posts: 777
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parabellum: Not so. Hamble graduates could join as young as 20 years. The Part 5 Pension gave a 1/56 credit for each year of service (ie. 28 years service gave a 50% of final salary pension which could be taken at 50 years of age) Staying employed after 50 till 55 allowed a "crystallisation" of the pension which gave a further substantial increase in the pension.

Sadly, such generosity is a thing long since gone!
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