PPRuNe Forums - View Single Post - Pension Annual Allowance... exceeded?!?
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Old 6th Jan 2021, 09:58
  #43 (permalink)  
Just This Once...
 
Join Date: Apr 2005
Location: UK
Posts: 2,164
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Originally Posted by alfred_the_great
Except it doesn’t say that. It says the age based transitional protection was unlawful; that is to say it was unlawful to allow some to remain on their old pension simply because they were over a specific age on a certain day. The simply answer is to transition everyone - regardless of age - onto a new scheme.

edit - you may get between 2015 and 2021/2 on your old scheme, but the intent is to move everyone onto a 15-esque scheme ASAP.
It does - the 'Remedy Period' is between 1 Apr 15 to 31 Mar 22 and you get to pick which scheme you would like. The only live debate is when you get to pick your pension for that period - either in the immediate future or later, at your final pension point. Clearly the government will favour the former and the scheme members would prefer the later.

I left during the Remedy Period so will be swapping my AFPS15 years for AFPS75 but this regression to the old terms may not suit everyone once they do the maths.

Last edited by Just This Once...; 6th Jan 2021 at 10:09.
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