Not sure what happens on all pension schemes but as far as I'm aware, on AFPS75, if you leave early and take a full Immediate Pension (IP), the only uplift you get at the 55 point is the adjustment for the cumulative inflation applied since pension payment commenced? That is what my figures showed anyway (although I rejoined prior to 55 so wont get that uplift in my case). However - if you commute the IP (i.e reduce the IP and 'offset; it until age 55), you should then return to the original figure at 55 plus the inflation adjustment. Just my view - may be wrong so don't take to be financial advice etc etc
Last edited by Sandy Parts; 5th Nov 2018 at 16:40.
Reason: mixed up my commute/commutated/commutating tenses - 100 lines punishment doled out