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Thread: AFPS 75 and NEM
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Old 18th Apr 2013, 12:30
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fawkes
 
Join Date: Jul 2004
Location: Hants
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Pension swindle

I have been wtaching this keenly - I missed out on having my pension protected by 60 days. My understanding is that whilst the NEM may come in on time in 2015, it is (looking at the implementation of the AFPS 05) unlikely that they will be able to do the same for the pension scheme. New joiners won't be so fussed as that is all that is on offer.

This should leave plenty of time to see which way the wind blows and whethe there is any benefit in hanging on.

I am given to understand for those without preserved pension rights there will be two pensions - that earned under AFPS 75 up until the start of the new scheme and that from the start of the new scheme until retirement.
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