PPRuNe Forums - View Single Post - MOD Pension
Thread: MOD Pension
View Single Post
Old 3rd Jan 2016, 08:06
  #33 (permalink)  
downsizer
 
Join Date: May 2006
Location: Around
Posts: 1,209
Received 118 Likes on 54 Posts
Originally Posted by Courtney Mil
When you and I signed up, we agreed to do all those things. Hopefully we both did that. Now, you tell me how we have been shafted.
Well, as you are out, I wouldn't say you have been shafted; but there is certainly a large proportion of currently serving who DO feel shafted. Their IPs at option points are now considerably less than what they were under the TACOS of the pension scheme when they joined. TACOS that were altered by the government despite those servicemen doing everything that was and is being asked of them.

Personally my IP is now a lot less than I had been planning on for my entire career and staying past my IP point is a lot less attractive under then new scheme. One of the major factors pushing me out the door.
downsizer is offline