PVRs started.....
Champagne anyone...?
I wouldn't worry about it, probably make no difference if he did have. I PVR'd nearly 7 weeks ago and still don't have an exit date....
That said, I also PVR'd when it was 6 month exit time but am, it would seem, being held to 12 months.
That said, I also PVR'd when it was 6 month exit time but am, it would seem, being held to 12 months.
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I've been trying to PVR for a few days now and my line manager doesn't have the required priveledges to accept it
There's a 12 month waiting list for PVR acceptance on 75% flying pay followed by a 12 month wait for issue of an exit date on 50% flying pay. The exit date will be 12 months from date of issue, this time will be spent on zero flying pay. That should save some money
(might put that in as a GEMS tomorrow)
Is the man-love thing still an option? At least that'd bring someone some joy, and not harm your potential airline career.
Is the man-love thing still an option? At least that'd bring someone some joy, and not harm your potential airline career.
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If you're on AFRS06, how quick does the lump sum payment on exit usually come through? I know they have a maximum of 3 months to pay out, but are they usually pretty quick or not with these things?
If one PVR'd just after one's 42nd birthday and waited the 12 months and left after their 43rd thereby completing the full 5 yrs PA ROS would that see one leaving with the PA pension or would one have to wait to PVR until after one's completed the full 5 yrs ROS to PVR?
Just spent a few days visiting 4 friends in the South East. All ex Mil and most left on PVR. Their take on this topic is that if you are 42 or older and looking to jump ship without a cast iron job offer, forget it. The market is saturated with very clever 30 somethings looking to get hired.
One mate who left at his 38 point and has clawed his way to a 6 figure salary over 10 years has diluted his Mil experience to 3 lines on his CV. Why? Because the majority of his employers were not really that interested.
Yes, there are jobs but you will still be at the back of a very long queue and age is critical in the private sector. To those aspiring Cathay Pacific Captains, one guy is ex Mil and a pilot. He earns 10 quid an hour teaching spotty youths to fly and picks up the odd job flying human organs around the UK. The other two are earning less than they were in the Mil and without the fringe benefits of subsidised housing and free dental etc. One bitterly regrets leaving.
If you are going to go, get out while you are young and with as many industry friendly quals as possible. Failing that, grit your teeth as something is better than nothing.
One mate who left at his 38 point and has clawed his way to a 6 figure salary over 10 years has diluted his Mil experience to 3 lines on his CV. Why? Because the majority of his employers were not really that interested.
Yes, there are jobs but you will still be at the back of a very long queue and age is critical in the private sector. To those aspiring Cathay Pacific Captains, one guy is ex Mil and a pilot. He earns 10 quid an hour teaching spotty youths to fly and picks up the odd job flying human organs around the UK. The other two are earning less than they were in the Mil and without the fringe benefits of subsidised housing and free dental etc. One bitterly regrets leaving.
If you are going to go, get out while you are young and with as many industry friendly quals as possible. Failing that, grit your teeth as something is better than nothing.
Last edited by Wyler; 9th Aug 2011 at 07:06.
Champagne anyone...?
Hueymeister
I had exactly the same query and indeed delayed PVRing until I had it in writing. The SPVA said:
As long as your exit date falls after your 5 year PAS point then you will receive the full PAS pension.
Wyler - I've had quite a few mates aged 40+ PVR over the last 5 of so years and I can count on the fingers of one foot those who have not managed to secure decent employment in the sector of their choosing. Not being blindly optimistic just calling it as I see it. Plenty of people change jobs in their forties.
I had exactly the same query and indeed delayed PVRing until I had it in writing. The SPVA said:
"I can confirm that all Service Personnel's pensionable benefits are calculated by taking the reckonable service from enlistment date to the date of discharge. Therefore your pensiable benefits would be calculated on the basis of your provisional discharge date mentioned in your letter of XX XXX XX which does fall after your 5 year PAS point"
Wyler - I've had quite a few mates aged 40+ PVR over the last 5 of so years and I can count on the fingers of one foot those who have not managed to secure decent employment in the sector of their choosing. Not being blindly optimistic just calling it as I see it. Plenty of people change jobs in their forties.
Stoppers
I agree, leaving at forty-something and I have got a job that pays the same when added to my immediate pension - but I also have mahoosive lump sum in the bank as well
I also earn another pension that when combined with my AFPS75 pension will be the equivalent of a Gp Capt by retirement at 60+. Now if I stayed in I was never going to get anywhere near that.
Wyler
What your mates have to be is flexible; it can't be location if they live in the South East. A big mistake some make is location - no good sitting in the wilds of the highlands, the back waters of Lincolnshire's fens, deepest darkest Wiltshire or Norfolk waiting for a £50-100k job to come along. A lot of servicemen expect a job within 30mins commute - most private sector workers commute 30-60mins, some of my civvy mates commute 2hrs to get to work
. There are jobs out there if you can be flexible and live near where they need you or are prepared to commute.
I agree about the CV and it is all important to even get to interview - what a lot servicemen fail to grasp is that you have to tailor the CV to every application and show relevance of your experience to that job.
LJ
I agree, leaving at forty-something and I have got a job that pays the same when added to my immediate pension - but I also have mahoosive lump sum in the bank as well
I also earn another pension that when combined with my AFPS75 pension will be the equivalent of a Gp Capt by retirement at 60+. Now if I stayed in I was never going to get anywhere near that.
Wyler
What your mates have to be is flexible; it can't be location if they live in the South East. A big mistake some make is location - no good sitting in the wilds of the highlands, the back waters of Lincolnshire's fens, deepest darkest Wiltshire or Norfolk waiting for a £50-100k job to come along. A lot of servicemen expect a job within 30mins commute - most private sector workers commute 30-60mins, some of my civvy mates commute 2hrs to get to work
. There are jobs out there if you can be flexible and live near where they need you or are prepared to commute.I agree about the CV and it is all important to even get to interview - what a lot servicemen fail to grasp is that you have to tailor the CV to every application and show relevance of your experience to that job.
LJ
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Daily Telegraph: British Airways to recruit 800 pilots
The latter group [Armed Forces] will get a training programme tailored to enable pilots to embark on a career in commercial aviation.