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Old 13th Nov 2007, 19:49
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Melchett01
 
Join Date: Sep 2004
Location: Darling - where are we?
Posts: 2,580
Received 7 Likes on 5 Posts
Rumour has it by cutting pension gratuity by 25% for all pers leaving after Apr 08 !!!
Like to see them try and force that through as it is part of our terms of service and is linked into the annual pensions.

I suspect trying to change the ToS for thousands of people will be an interesting exercise and there would probably be enough people to launch a class action against the MoD if they did try it.

The recent move to AFPS 05 was a similar thinly disguised attempt to save money, but even then they realised that they had to give current serving people the option to stay on 75 or move over to 05. Don't buy it for one bit that they will be able to slash gratuities - watch the sudden efflux of people leaving before the deadline if they do. However, this may be linked to some finance act which will probably limit how much you can commutate your pension which should save a few quid i nthe short term.
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