"In my view, and that of many others, the new pension was designed to get people to commit to the service till age 55, rewarding them with a hansome pension for doing so. I was happy to commit to the service, I saw it as a fair deal. I'll stay till 55 and you make it worth while. Others who were unsure about this committment, rightly so, remained on AFPS75. If the recent DIN is correct, and assuming I have got this right, those that committed to the service and transferred to 05 will be worse of under FAFPS than those who stayed on 75. It appears that loyalty counts for nothing. I must be getting synical in my old age and unfortunately I have 11 years to do For those that stayed on 75 the difference in my case is approximately 3k a year and 10k on the gratuity I still live in hope that this dicrepency will be rectified, please don't laugh "
This is exactly what concerns me. I opted to join the 05 pension in anticipation of serving to age 55 and based upon the figures given by the RAF itself it made sense to do so.
Would there be any basis upon which those who will be negatively affected by opting back then for 05 could demand to revert to 75? The benifits from swaping have been taken away by the very firm that told us on the Pension calculator that we'd be better off doing so.