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Thread: Pensions Alert
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Old 18th Jul 2003, 18:23
  #73 (permalink)  
BEagle
 
Join Date: May 1999
Location: Quite near 'An aerodrome somewhere in England'
Posts: 26,857
Received 334 Likes on 116 Posts
So are you really saying that, after 2005, anyone joining will face:

Pension at 55 only if they serve full term and retire at 55, otherwise they'll have to wait until 65.

New 18/40 point for airmen, NCA, officers before being entitled to a taxed gratuity?

Recruiting and retention incentives? Hmmm.....

So there'll be young blades joining, flying, then PVR'ing and bogging off to the airlines as soon as they've cracked 2000 hours and have qualified for mil. accreditation, a few staying on until they're 40.....and others 'locked in' until 55 because if they tried to PVR they wouldn't get any pension at all until age 65?

Will the last person..........
BEagle is online now