Seems like a bit of scope for confusion here. My understanding is that the Maximum Death-in-Service benefit to be offered as part of the new pension scheme is 4 x pensionable salary, but there has also been talk that the existing (AFPS75) rate may also be increased. The report here intially seems to refer to the latter, but then becomes confused with the former. Is this political double-speak on SofSs part, or genuine confusion by the writer of the article? Or, has the intended 4 x salary within AFPS05 become 3 X? Or, is the implication that those currently in AFPS 75 who elect to transfer to AFPS05 will only get 3 x as part of their transfer terms? Incidentally, if this refers to AFPS75, what happens to those who are currently paying extra for the AVC to increase 1.5 x to 4 x? I think someone has a bit of explaining to do!
Ginseng
(edited to repair typographical inadequacy!)