High Expect,
As redundancy wasn't offered/ available on Tranche 2, I sat with the Pension Claculator for about an hour working the various options, taking into account the pension changes on 1 Apr 15 for the exit point. My understanding is that you would have to PVR, 31 Mar 14 to be out by 1 Apr 15? Which is Plan B, unless they bring in tax on my gratuity!
I think these changes, and the subsequent affect they will have will push more into leaving!