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Navy aircrew redundancy measure

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Navy aircrew redundancy measure

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Old 15th Feb 2004, 16:58
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Navy aircrew redundancy measure

(attributable) buzz that RN upper level AV staff considering redundancy package for aircrew (prob pilots) Lt Cdrs. No gen on seniority/dosh offered as yet.
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Old 16th Feb 2004, 03:51
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Wondered when this would surface !!!

OK then - show me the £££ Details?
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Old 18th Feb 2004, 18:53
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Dont know if its the same for you navy chaps but QRs for the RAF QR 3170-QR 3182 lay out our redundancy terms, here's the gist of it

3171. Special Capital Payments. Sponsor:SPP(Pens)

(1) Subject to paragraph 3171A, the amount of the special capital payment will be equivalent to a number of months pay as follows:

(a) Officers with at least 13 years qualifying service:

Uncompleted portion of career Special capital

to normal retiring age payment (Note 1)

Years Months pay

5 or more 18

4 15

3 11

2 7

1 3

All tax free of course.

C*** a kipper, fish for tea
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