Originally Posted by
popeye107
. Any ideas if the 'notional' pension pot we are all building would be included in the calculation? I suspect it would as most Public Sector workers don't bother with a real pension plan.
Food for thought, as there is zip all we can do about it.
I am not sure how they would do that..... Take AFPS 15 for instance. (1) In your first 2 years service you get no pension benefits if you leave, although your "pot" is building.
(2) Leave between Year 2 and year 20 and you are entitled only to a deferred pension built up over those years (unless you reach 60) payable at SPA, when you claim it!
(3) you leave after 20 years and prior to NPA. You get EDP until SPA
Or (4) You leave at NPA on a full pension.
Lots of differing remunerations all with the same yearly contributions depending on what your future crystal ball says. How could they tax those scenarios (which may not come to fruition) fairly ?