new pension scheme
At the risk of boring you, I am afraid that your questions cannot be answered fully until the framework document is published.
The Armed Forces (Pensions and Compensation) Act 2004 has a provision which protects accrued rights, we are told that the IP will be honoured in so much as the proportion earned at the change over date will be paid at the IP point, and we are told that those aged 45 and above on the change over date will see no difference. However, we need to see this, and the other proposals, in black and white.