Originally Posted by
Easy Street
The AFPS75 entitlement doesn’t go away; for instance it is not all converted into a 22-year AFPS15 EDP just because they retired 2 years after the scheme changed. This is what’s known as “accrued rights” and has been a sacrosanct principle of all the pension reforms over the last 15 years.
Don’t think for one minute The Treasury can’t and won’t change anything if it sufficiently serves its purpose, even accrued rights. It wouldn’t be so overt as to do it obviously, all it has to do is change the revaluation factors. There’s more than one way to skin a cat.
https://assets.publishing.service.go...14_October.pdf
https://assets.publishing.service.go...m-pensions.pdf.