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Old 21st Jun 2012, 07:34
  #30 (permalink)  
Rossian
 
Join Date: Nov 2005
Location: morayshire
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How long, Oh Lord, how long...

....is the average length of time for a full military career person actually drawing their pension? I'm sure the figure must be out there somewhere.

In 1965 I remember my F-i-L pointing out to me the figure in the Pennant?? that the figure was 3.5 years. But I was young and thought that pensions were for old people. Scarely soon after ('98), I was one and the question arose again. No-one at the resettlement fora could tell me and the actuarial chaps from the suppliers shuffled their feet and suggested "somewhere over 5 years, but don't quote me". A low figure might make one think twice about some of the investment plans being floated at these seminars.

Anyone have any clue?

The Ancient Mariner

PS I found grimweasel's figures horrifying as my Son-i-L falls into that category as a former staff sergeant in the Army.
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