D4R
I agree entirely; the whole thing is a complete mess. I have just received a pension forecast in the post this morning from AFPAA which gives me (at age 55) on AFPS 75 just the `base`Spec Aircrew Flt Lt pension rate of approximately £24000 and NO PA ENHANCEMENTS WHATSOEVER, let alone £0.707 or £1.044!!
The pensions guru from the policy unit who phoned me at work yesterday was very helpful and clearly knew his subject inside-out. I am 100% sure that my last post is correct - in other words you CAN have confidence in the on-line pension calculator, apart from its inability to calculate `part years`of reckonable service.
The biggest clue that it MUST be right is that it would be untenable for a PA Flt Lt pilot to be able to retire at 55 with a pension £2100 more than a PA Sqn Ldr - nobody would accept promotion!
Also, the Forces Pension Society`s independent calculation was consistent with the £0.707 rate too.
Ginseng - your thoughts?