Junkett
Fair dos, matey. With so little fine detail the presentation is open to wide interpretation. Maybe I'm just a bit more sceptical than you and after seeing so many of these over the years (I forgot to add New Management Strategy in my list above)
The FR2020 consultation was a joke when it came to FTRS. It basically rounded on the views of part-time reserves (ie. TA, RAuxAF and RNR). I suspect that the TA hijacked it with their higher number of returns to make it so TA-centric - I hope that this doesn't happen to NEM when the Army comment in higher numbers. Now when AFPS15 was put into the pensions calculator they neglected to add FTRS - all they needed to do was add another drop down menu and reference to one more look up table (which is hardly difficult).
Overall, I hope you're right old chum and that my scepticism is poorly placed.
LJ