REF: 2012DIN01-175
http://defenceintranetds.diiweb.r.mi...2DIN01-175.pdf
New DIN out detailing provision of accrued Pension Rights for specialist groups within the military including Chaplains, MOs, Dentists and Professional Aviators.
I reckon reading Chinese is easier than understanding pension jargon, however, if I understand the DIN correctly (p20-23 for PA) those of us on PA spine will only be paid PA spine rates up to the transfer at 2015?
Having just accepted PA spine this year my situation very closely mirrors that of Example 2: I have to complete 5 years RoS for PA (recinded PVR rights) so my the earliest I can take an EDP is 2017.
So, I will have completed 24 years pensionable Service, at the point of transfer in 2015, gaining only 3 years of PA supplements (as at example 2) but only if I serve another 2 years to my EDP in 2017. The DIN seems to imply that beyond 2015 I will not recieve any further supplements suggesting that PA spine ceases as we know it.
My concern is that I will be mandated to give a further 2 years beyond cessation of my PA pension supplements without the benefits of the scheme I had accepted! Moreover, I am not sure yet what the rules will be on commutational rights of the preserved pension under the new scheme - therefore there is a possibility I could lose out further?
At my EDP I should get a pension based on 24 years of AFPS 75 service; a supplement based on 3 years of supplements; a tax-free lump sum based on 3 times the total pension (including supplements); no mention of commutational rights and I will be entitled to pension benefits for the 2 years of pensionable service under the Future AFPS in accordance with the rules of that scheme.
Am I missing anything? I need to find out how to address the situation of having to provide a 5yr RoS for only 3 years of benefits!
