Therefore aircrew Sqn Ldrs, Wg Cdrs etc on AFPS 05 will recieve 50% of their final salary (which INCLUDES FLYING PAY!!) if they retire at 55.
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Not the way I see it, unless I'm mistaken. '05 pension figures quote that the final pension ''... includes X factor, but excludes allowances or specialist pay''.
Good deal therefore for PA folk on the new scheme who stay till 55 and have pension based on ALL their pay!