A little strange if the LS medal is only to be awarded to those still serving in 2014 onwards? Apart from the cost!
I would have thought that, if the LS medal is designed to balance the situation with the LS&GCM, surely it must be available retrosectively, just as other awards that were missed but earned in the past! The argument that "it did not exist at that time so, it could not be earned" is specious as, the award did not exist until now and, therefore, no one should earn it on that basis till 2029!
Idiots.
OAP
That opens up an expensive bag of worms, you could argue the same case for the Silver Jubilee medal that only went to a few to save costs, where the Diamond one was awarded to every Tom, Dick and Harriet.
Surely the 2014 is simply a cut off date, so if you were serving in 2014 and had the requisite time in service you would receive it, however if you departed in 2013 you wouldn't.