Ginseng,
Ok - I see my mistake now thanks. It's 65% rather than 50% because the EDP payment rises every year from 50% at age 40 to 75% at age 55.
But I think my basic concern remains that if I join the AFPS05 and get redundancy in the future, I'd take a hit on both the capital payment and on the pension. It's something that I must consider when making the decision on the move to AFPS05 - even if it does look like a good deal for me at first glance.
Regards,
LFFC