Originally Posted by
Jambo Jet
I fully expect Veterans UK will give you an illustration of both schemes for you to decide which is best for you. I think that is what the consultation period will iron out !
Interesting times
I wouldn’t bank on it if it’s anything like the previous illustrations. They will pick a few “representative” ranks and cases, which aren’t particularly representative, and will leave you to do your own calculations. At best they will update the Pensions Calculator, but that will only be indicative given it doesn’t take into account AVCs or future rises, whilst any calculation you get from Veterans UK will be based purely on current rank and pay.
As I recall the AFPS saying ahead of the 2005 changes, you’ve more to lose from the wrong decision than you’ll make from the right one. If I doubt stay put. I’m expecting similar ‘rule of thumb’ advice this time round.