PPRuNe Forums - View Single Post - Armed Forces Pension Increase April 2012
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Old 13th May 2012, 10:19
  #61 (permalink)  
Al R
 
Join Date: Jul 2007
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IDS's plans in the Queen's Speech to allow 6 months paid paternity leave might set the cat amongst the pigeons, as will the £155 a week flat rate (from 2020) which will help those who have stayed at home to raise children. But if I was currently in my late 50's or already retired, I might be a bit annoyed at all those additional S2P contributions counting for nothing. AFPS is by default, a contracted out scheme and the member and the employer pay a lower rate of National Insurance contributions - wot, no refund?

For general info, the Queen also confirmed the intention to raise the state pension age from 66 to 67 between 2026 and 2028. Bugger.
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