Armed Forces Pay Review Board 2014
Join Date: Mar 2001
Location: Oxfordshire
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I'm still in through sheer curiosity...
On a more serious note I can't PVR as I am still serving a return of service for my last OCU and at the end of that I only have 2 years remaining to my pension point. It hardly seems worth banging out early when I am that close to my lump sum.
Trust me though, all around me the loyalty factor appears to be wearing very thin!
On a more serious note I can't PVR as I am still serving a return of service for my last OCU and at the end of that I only have 2 years remaining to my pension point. It hardly seems worth banging out early when I am that close to my lump sum.
Trust me though, all around me the loyalty factor appears to be wearing very thin!
Join Date: Jul 2009
Location: Ottawa
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Biggus,
I like that generalization, and that summed me up until I realised that loyalty was a one-way street in the RAF. As soon as I decided that I couldn’t possibly be less happy out of the RAF than I was in it, the fear etc went way for the most part, still - I had a few second thoughts as my last day grew ever closer. Thankfully, I saw it through and retired at my IRP.
I like that generalization, and that summed me up until I realised that loyalty was a one-way street in the RAF. As soon as I decided that I couldn’t possibly be less happy out of the RAF than I was in it, the fear etc went way for the most part, still - I had a few second thoughts as my last day grew ever closer. Thankfully, I saw it through and retired at my IRP.
5 years out and never looked back or regretted it once. Why are you still in when it's ok for the AFPRB to recommend 1% rise but 2.2% increase it SLA AND SFA?
Kinda lost any credibility that they are independent when the recommendation is exactly what the gov wanted to pay? With no union you will have to vote with your feet. Sadly that will also make the gov happy?!
Kinda lost any credibility that they are independent when the recommendation is exactly what the gov wanted to pay? With no union you will have to vote with your feet. Sadly that will also make the gov happy?!
Does not look good for the future of progression pay or increments in the public sector. After the new pension scheme is announced, you can bet that pay increments will be binned as a "haircut"! As some others have said, face it folks, the gov is more than happy to ditch you. I forsee little change until 2020.
OAP
OAP
Join Date: Jan 2002
Location: South West
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Having spent 31 years in the light blue I have seen so many changes and to be frank they are not for the better. I accept times are changing and the public purse is empty so the 1% is not a surprise in any shape or form. The Sqn I'm on is working max out and morale is at an all time low with even the young ex-enthusiastic co-pilots talking about licences.
Personally I have just over 5 to go and will see them out (perhaps caught a little in the pension trap) but I am ashamed to say 'I can't wait to leave' because despite what the hierarchy think of us I have had in the majority a fantastic time with some amazing people.
I for 1 wont do less because of the 1% pay rise but for some it will be a bitter pill to swallow, especially those already on the benefit breadline.
Personally I have just over 5 to go and will see them out (perhaps caught a little in the pension trap) but I am ashamed to say 'I can't wait to leave' because despite what the hierarchy think of us I have had in the majority a fantastic time with some amazing people.
I for 1 wont do less because of the 1% pay rise but for some it will be a bitter pill to swallow, especially those already on the benefit breadline.
Whenurhappy,
If you don't like it you don't have to stay, indeed nobody does.
Based on what you have said on other threads you are at least a Wg Cdr, quite possibly even more senior, on a string of overseas (normally embassy related) tours, being extended past 55, possibly well past 55. Since a minimal pay rise isn't exactly a surprise, presumably you took this into account as part of your decision making process when electing to stay? You've still got you house in UK rented out to supplement your income, and your BSA to help pay school fees.
Meanwhile, back in the real world, it is the junior ranks that will suffer the most. How many now are on such low incomes that they qualify for benefits? That is what is disgraceful.
If you don't like it you don't have to stay, indeed nobody does.
Based on what you have said on other threads you are at least a Wg Cdr, quite possibly even more senior, on a string of overseas (normally embassy related) tours, being extended past 55, possibly well past 55. Since a minimal pay rise isn't exactly a surprise, presumably you took this into account as part of your decision making process when electing to stay? You've still got you house in UK rented out to supplement your income, and your BSA to help pay school fees.
Meanwhile, back in the real world, it is the junior ranks that will suffer the most. How many now are on such low incomes that they qualify for benefits? That is what is disgraceful.
Why do I bother? Perhaps I'm old fashioned, perhaps it's because I like this sort of work and think that it is important - like many of us who are continuing to serve. And, for me, every day is a school day and I will meet fresh experiences on a daily basis. Not many jobs practically available to me could provide this stimulation. Certainly there are few jobs requiring me to catch the 0732 from Surbiton for the next 20 years that could provide the variety and challenges - though, sadly, not the glittering rewards.
I'm doing a job that many officers I have met over the years have stated they would like to do, yet prefer the greasy pole of High Wycombe and 'married patch politics', and don't bother to apply for, on the basis of possible promotion, the preception of career death, spouses' job, kids education (and in one recent case) wouldn't be able to take their elderly arthritic dog!
Oh, and lay off ther personal stuff, eh?
Join Date: Jan 2008
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After the new pension scheme is announced, you can bet that pay increments will be binned as a "haircut"!
Armed Forces Pay Review Board 2014
Equilibrium,
I would question your assertion that the public purse is empty and suggest that it has as much if not more to do with political choices in how we spend what money we do have.
I'm away from home at moment so don't have the opportunity to back up my facts, but I'm sure I recently heard that spending during the current bout of austerity has increased. If that is correct, QED.
I would question your assertion that the public purse is empty and suggest that it has as much if not more to do with political choices in how we spend what money we do have.
I'm away from home at moment so don't have the opportunity to back up my facts, but I'm sure I recently heard that spending during the current bout of austerity has increased. If that is correct, QED.
Melchett,
Not quite the case althoigh the numbers have been on an upward trend. A better measure is the percentage of GDP. This peaked at 47.7% in 2009/10 and currently is 44%. It is projected to fall to 39.5% in 2017/18. Out of interest the annual bill to service the debt is now over 30bn...about £1000 per tax payer. To put that in perspective, if that were paid out of income tax someone earning £60000 a year would be contributing over £200 a month to that bill. We're in a mess!
Not quite the case althoigh the numbers have been on an upward trend. A better measure is the percentage of GDP. This peaked at 47.7% in 2009/10 and currently is 44%. It is projected to fall to 39.5% in 2017/18. Out of interest the annual bill to service the debt is now over 30bn...about £1000 per tax payer. To put that in perspective, if that were paid out of income tax someone earning £60000 a year would be contributing over £200 a month to that bill. We're in a mess!
Join Date: Feb 2012
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Not quite the case althoigh the numbers have been on an upward trend. A better measure is the percentage of GDP. This peaked at 47.7% in 2009/10 and currently is 44%. It is projected to fall to 39.5% in 2017/18. Out of interest the annual bill to service the debt is now over 30bn...about £1000 per tax payer. To put that in perspective, if that were paid out of income tax someone earning £60000 a year would be contributing over £200 a month to that bill. We're in a mess!
Money never existed, central banks just created it and lend it to governments.
The government has borrowed all of our money in existence and has promised to pay it back with interest.
Where does the government get the money from to pay back the current loan AND the interest charged on it?
If you borrow the very first £1 in existence and you promise to pay it back. Plus another £1 of interest. Where do you get the second £1 from?
So what they do is borrow more. Our economy is a ponzi scheme because they can never pay it off.
If they don't keep on creating new money in bigger amounts the whole thing would crash. Because thats where the money comes from to pay off previous loans.
Join Date: Apr 2008
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If you borrow the very first £1 in existence and you promise to pay it back. Plus another £1 of interest. Where do you get the second £1 from?
I think that's how the world economy works anyway.
Where the first pound comes from is anyone's guess. We probably got ours by winning the game of 'musical (army and navy) chairs' in the second half of the last millennium and nicking all the gold that the Spanish nicked of the Incas. Then gormless broon sold all the gold for a tin of magic beans, the Chinese giant smelled the blood of an Englishman and came down the beanstalk, nicked everbody's gold and forced us to make a load of cheap sh*tty plastic stuff that we then buy with money they lend us.
That may have been some weird dream I had, but then life is but a dream.