PPRuNe Forums - View Single Post - Pay tables
Thread: Pay tables
View Single Post
Old 5th Mar 2008, 20:17
  #24 (permalink)  
Rossian
 
Join Date: Nov 2005
Location: morayshire
Posts: 766
Likes: 0
Received 1 Like on 1 Post
Pension drawing

When I got married in the '60s, my new FiL was just about to retire and had joined the Officer's Pension Society. In their introductory bumf they claimed that the average length of time for a full career officer drawing his pension was 5 years. That was one of the arguments mooted in those days for "always commute the max you can". A fair few years later when I was beginning to pay attention to pension it had crept up to 7.5years. Dunno what it is now - But one chap I know retired at 68!
The Ancient Mariner
BTW said FiL died aged 89 claiming he was chuffed to have beaten the actuaries.

Last edited by Rossian; 5th Mar 2008 at 20:19. Reason: PS
Rossian is offline