PPRuNe Forums - View Single Post - AFPS15 - government decision.
View Single Post
Old 14th Jan 2020, 19:58
  #69 (permalink)  
Countdown begins
 
Join Date: Jul 2019
Location: Ibstock
Posts: 66
Received 7 Likes on 5 Posts
Originally Posted by Lima Juliet
From what I understand, and the fact that NO DECISION HAS YET BEEN MADE, the most likely plan will be a retrospective “Offer to Transfer” just like we had in 2005. So there will be a bespoke letter to each person caught up in this with the options and then an ability to choose to go back to/stay on 75 or 05 with another option to transfer to 15. That is what is likely to take the time as those offers will need to be worked out to make sure you are not miss-sold a pension (Ombudsman territory!). Also, as 75 and 05 are closed to new entries then either Legislation will need to pass the Commons, Lords and Royal Assent to make changes or open up “mirror” 75 and 05 schemes for individuals to join. It is a total cluster legacy of the Coalition Government and will take a lot of effort to unf^ck!
You are a decision behind the rest of us. Re-read.
I don’t think the commons etc will vote, seeing as it was a court decision. Nobody will be joining a scheme they weren’t part of, either- so no new member of 75/ 05/ 15.
Everyone loves the Serviceman as a victim, but the fact the judges of this land fought for us means it’s a done deal.
Why do you think they were instantly able to say it will cost £4bn?
As I say read the previous threads, then google it. Nobody here is going to do your research.
Then if you’re feeling really lucky ask what your MP has heard, mine knew exactly what I meant straight away.
Countdown begins is offline