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Thread: NEW NEM IBNs
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Old 17th May 2014, 16:05
  #10 (permalink)  
Just This Once...
 
Join Date: Apr 2005
Location: UK
Posts: 2,166
Received 48 Likes on 24 Posts
Not great for the ground branches. LOS35 all the way to gp capt, so a joiner at 18 would be out 7 years shy of a pension and a 22 year old graduate would miss full pension by 3 years. Make air cdre and employment is by assignment so no guarantees there either.

The latest pension draft has age 55 as the earliest you can draw a full pension, albeit actuarially reduced to reflect how short you are of the magic 60. As such, joining before the age of 20 appears to be a really bad move.

Any news of transitional arrangements for those currently in the flying branch and currently capped at age 55 - ie definitive offers of extension to 60?
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