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Old 8th Dec 2006, 08:21
  #18 (permalink)  
Min Decent Ht
 
Join Date: Jul 2001
Location: Wishing I was on LOA
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Oggin, the old scheme is £50 000, taxed and NI = £29 600 net.
Rumours on the new, £100 000 gross, £59 000 net.
As BBD pointed out, thats not much for 6 extra years; infact, about the same as you would have got in pension if you'd left!
IMHO the only people who took the old FRI2 would have stayed beyond 38 anyway. If the new scheme is 6 figures it will be an incentive to stay.

As for PA, the board sits once per year. Last Sep, of the 27 Sqn Ldrs that applied, only were 4 accepted. I'm not sure of the Flt Lt numbers. So if you're planning to tell your poster "give me PA and I'll stay in", don't expect any promises!

Hello, Mr Branson?....
Min Decent Ht is offline