PPRuNe Forums - View Single Post - Pensions. Breaking News.....
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Old 31st Jul 2012, 22:22
  #18 (permalink)  
VinRouge
 
Join Date: Jul 2007
Location: Germany
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So Al,

the short of it as far as you can tell,

Yup. Thats about the long and the short of it.
If you are on AFPS75 but are due to retire post AFPS changeover, we will still definitely get a lump sum and monthly payment our original 38 point, but to be able to claim any of the benefit from 2015 we will have to serve to 40 now instead?

AND, if you get PA, you will get your representative amount post 2015 if you were to PVR after the new 5 year PA ros? Any word on whether PA will exist past the introduction of the new employment model? Lots of hints in the last AFPRB regarding disparity between non PA and PA, I hope they arent planning to lower the bar for PA post NEW introduction.

I can sense a few bell rings down at PMA over the next week or two!
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