Originally Posted by
Jambo Jet
”Specifically, it is recognised that it is not as simple as putting everyone back into their old pension scheme. This is because some SP will be better off in the old scheme, and some better off in the new scheme. MOD will ensure all eligible SP can keep their accrued benefits.”
I read this as if we put SP back on their original pension schemes then everyone can leave at 55 without PVR and we will reintroduce the manning crisis we solved by getting everyone to sign up to 60.
Manpower strat plans better get on their knees to the treasury then and sort out a decent FRI to make it people’s worth to stick around then.