Effect on EDP Lump Sum
If you rejoin the Regular Armed
Forces voluntarily or accept an FTRS
appointment without a break of at
least the period represented by the
EDP lump sum you will have to pay
back the ‘unexpired’ proportion. This
means that if your EDP lump sum
was of equivalent value to 12 months’
pay, and you rejoined the Armed
Forces after six months, you would
have to pay back half of the lump sum.
Not good if you have spent the lump and then decide to take up the FTRS job.
you should also be aware of th edifferent "status" of FTRS terms of service: No quarter, no family medical etc. It's not like joining again, it's actually more like working in a different air force, except you still get dicked for sec duties and sdo and guard commander and whatever else comes your way.
Basically, in the previous example;
Retire and have £35,000 a year, then take a £40,000 a year job with Tesco, who will pay you, and keep your pension & lump sum, OR
Pay back a chunk of your lump sum, take up an FTRS post, and they use the pension payment (that you were already getting) to pay you for working.