TOFO stated:
Nope...not even close!
Comparitively speaking, the armed forces pension scheme is a Rolls Royce of a scheme. The vast majority of people in UK PLC don't even have a pair of roller skates when it comes to retirement. Most UK public sector schemes are pretty damn good and the armed forces one is as good as any and better than most.
True, I have just retired, full stop. My 16 years of RAF service gives me twice the pension that my 16 years of Civil Service pension does - and this for the same final equivalent rank!!
{yes, I know the civilian equivalent rank thing is Bo**ocks but it is the only comparison I have}