PPRuNe Forums - View Single Post - PA pension. Bah, Humbug!
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Old 13th Nov 2006, 07:38
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RODF3
 
Join Date: Feb 2005
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Originally Posted by Kitbag
RODF3
This sitation also pertains to all enlisted ranks who would get the boot at 22 or 30 years of service if they don't at the whim of a selection board get promoted to FS with the offer of service to age 55. It was a risk many were not prepared to take, maybe they should also be given the option of moving to AFPS 05? Somehow I think that isn't likely to happen
Why shouldn't they? Their TOS have changed. Changing to the AFPS05 also acts as a retention scheme, as once you've signed to it, if you leave before 50 (roughly) your pension/gratuity would be significantly less. with that in mind, it must be worth the Pension Pols people and the retention people at PMA getting together.
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