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Old 14th Dec 2019, 18:29
  #14 (permalink)  
alfred_the_great
 
Join Date: Aug 2005
Location: where-ever nav's chooses....
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Originally Posted by Jambo Jet


Its pretty simple really. Abatement is assessed on rejoining OR promotion only. So rejoining is not a career push. ie consider carefully any promotion offer!

How much are they offering when you rejoin?

(a) If your pay when you left (adjusted for CPI) is more than your new rate of pay PLUS your uncommuted pension value then there will be abatement so that your pension is reduced so you don’t get paid more.

(b) If you commuted some then you will pay ALL the commuted value back - because you’ve borrowed some of your future pension at a monthly rate. Even if the delta in (a) is less than 5k (11-6 in my example)

Advice : Don’t rejoin as PAS, as Fg Pay is not Pay in the calculation. Then once your back in, apply for PAS.
genuine question - what happens if you re-enter and your putative pay is higher than when you left, what happens there?
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