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AFPS and state pension increase from next April.

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AFPS and state pension increase from next April.

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Old 19th Oct 2017, 09:50
  #21 (permalink)  
 
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I have never understood the logic of not uprating pensions of those who emigrate to some countries and not others. Seems even more illogical when it applies in Commonwealth countries. If it was an occupational or private pension you had paid into they could not deny increases, so why block State pension increases that people have contributed too. Surely of no interest to "host" nation, just UK Government being bloody minded it would seem. Probably some twist I do not know of
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Old 19th Oct 2017, 11:00
  #22 (permalink)  
 
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unless T. May is happy with £ parity with the Euro, rates will have to rise. I suspect we will see 0.5% before Christmas, 3% Base rate by 2020.
I have no idea what base rates will be in 2020. I do know with absolute certainty that whatever they are, Teresa May will have long since left the building.
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Old 19th Oct 2017, 11:04
  #23 (permalink)  
 
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I trust you will all express your views at the Ballot Box?

https://www.gov.uk/voting-when-abroad

"Have YOU registered?"
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Old 19th Oct 2017, 13:36
  #24 (permalink)  
I don't own this space under my name. I should have leased it while I still could
 
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MPN, our vote at the ballot box will have exactly the same weight as yours.

The only people who will accurately forecast the chances are WHill etc.
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Old 19th Oct 2017, 16:45
  #25 (permalink)  
 
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Well since we are talking about pensions meet Mr Pension himself..

"The civil servant responsible for increasing the State Pension age to 67 is retiring at 61 with a £1.8 million pension pot, he will receive £85000 a year and a lump sum of £245000. He's permanent secretary for Department for Works and Pensions. His name is Sir Robert Devereux, hope you all share this....explicit content redacted.."


UK Pension chief to retire at 61 with £1.8m pot having increased retirement to 67 | UK | News | Express.co.uk
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Old 20th Oct 2017, 08:18
  #26 (permalink)  
 
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Ah, this is the PPRuNe we know and love! Enjoy your 3% - how much will those still serving get - and they will suffer the effects in their future pensions too.

I wonder, take 2 retired wg cdrs with 30 years service under AFPS 75: one retired on 1 Oct 2007, the other retired on 1 Oct 2017. How much will each receive as pension in Apr 18? I suspect the figures would be quite different!
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