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Old 10th Mar 2010, 21:53
  #97 (permalink)  
The B Word
 
Join Date: Jul 2009
Location: Uranus
Posts: 824
Just done the pension calculator thingie and it now means that a PAS Flt Lt retiring on Level 30 will get around 31k per annum and a 96k lump sum. This is certainly less than figure somewhere between a Wg Cdr and Gp Capt's pension that it used to be (same prediction for Level 35 gives 35k pension and 105k lump sum).

I'm guessing that PAS is not going to be the good deal that everyone thought it was going to be if they're not on Level 35 already?

Here's a link to the pension calculator http://83.138.137.164080/

Kind of takes the shine off of the 2% when you consider the changes to the Armed Forces Redundancy Scheme as well.

All this spin is making me dizzy...
The B Word is offline