LJ,
Please can you explain the rather significant jump in pensions contribution, as a % of pay that seems to have happened in the past 12 months? Are people all of a sudden getting vastly larger payouts on retirement? Has the AFPS calculator lined everyone’s post 55 driveway in gold? Can we all now afford a yacht?
Or has there been a change in assumption that is cynically screwing current serving personnel and turning it into a de facto contributory scheme via the back door? The figures pushed out as recently as last year were around the 45% of salary mark. Latest quote from official stats is now over 70% for officers. So what has changed? Why do we now have wing commanders receiving over 100% of their pay into their (imaginary) AFPS pension pots?