MOD Pension Debacle
Pension Payment
I am not describing my question as having anything to do with the above mentioned debacle. I am just tagging a question on here in the hope of getting a knowledgeable answer.
My last day in uniform was 20 Sep 22. When, therefore, should I expect to receive my lump sum and what, if anything, do I need to do to make it happen?
I completed all the relevant paperwork before leaving and was told I had nothing left to do. My UK address and bank details have remained the same as they were before I left. I am out of the country though and haven’t read any correspondence from Equiniti.
The answer I have had so far is to expect my lump sum to arrive in 30 working days (it’s now been more than that) and that all payments will be back dated.
I just wondered if anybody has any recent experience of whether the 30 days is a good benchmark or whether it will be the first pay run after the 30 days (standard JPAC Glasgow answer even though I realise pensions are done differently) or one of any number of other such excuses.
I have some Champagne on ice which is waiting on an answer!
BV
My last day in uniform was 20 Sep 22. When, therefore, should I expect to receive my lump sum and what, if anything, do I need to do to make it happen?
I completed all the relevant paperwork before leaving and was told I had nothing left to do. My UK address and bank details have remained the same as they were before I left. I am out of the country though and haven’t read any correspondence from Equiniti.
The answer I have had so far is to expect my lump sum to arrive in 30 working days (it’s now been more than that) and that all payments will be back dated.
I just wondered if anybody has any recent experience of whether the 30 days is a good benchmark or whether it will be the first pay run after the 30 days (standard JPAC Glasgow answer even though I realise pensions are done differently) or one of any number of other such excuses.
I have some Champagne on ice which is waiting on an answer!
BV
Until recently BV, it was 7-10 working days. By my arithmetic, 30 wd for you is Remembrance Fri next week and I understand they are leaning towards 20-30 days for now. Fingers crossed for today or next week.
GXC
I personally make today day 34 (assuming a Mon-Fri working week). I’m happy to accept a few days grace but I’ll be annoyed if I end up in the ‘wait until the end of the month’ cycle.
Is this all just the MOD’s last chance to give you a kick in the nuts before you leave? To remind us how ‘people are our best asset’?!
BV
Is this all just the MOD’s last chance to give you a kick in the nuts before you leave? To remind us how ‘people are our best asset’?!
BV
Wensleydale
That was my worry. By the time you factor in Wednesday sports (not for aircrew), early stack on a Friday (not for aircrew) and ‘office closed for staff training’ (not for aircrew) then you run out of time pretty quickly.
BV
(Trigger warning: this is 99.9% banter. If you can’t take a joke, you shouldn’t have joined).
BV
(Trigger warning: this is 99.9% banter. If you can’t take a joke, you shouldn’t have joined).
This might be irrelevant to your case but when I received my first pension payment, and subsequent, I was bemused why it was paid on the 12th of the month. It was later pointed out to me that was the day of the month when I took the Queen’s Shilling, forty years previous. Lump sum arrived in my account a few days earlier, if I recall correctly.
Speedy, I think it has to do with the day you left the RAF - I made my last day in service 11 November so I would always remember it and my pension in paid out on that day every month. I joined on 1 March - scarily 40 years ago!
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aw_ditor
Just picked up on your 1975 comment. I finished March "74", the new pension scheme went through parliament in 73 but MOD decided to implement it in 1975!
We tried to get it back dated but the cynics amongst us decided that the MOD were banking (sic) on us dying off.
had another look recently when I found a document stating that widows/whatever could claim as long as the partner was serving had been serving in April 1973!
Just picked up on your 1975 comment. I finished March "74", the new pension scheme went through parliament in 73 but MOD decided to implement it in 1975!
We tried to get it back dated but the cynics amongst us decided that the MOD were banking (sic) on us dying off.
had another look recently when I found a document stating that widows/whatever could claim as long as the partner was serving had been serving in April 1973!
Last edited by cliver029; 4th Nov 2022 at 09:27. Reason: Fingers
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Originally Posted by Bob Viking
I am not describing my question as having anything to do with the above mentioned debacle. I am just tagging a question on here in the hope of getting a knowledgeable answer.
My last day in uniform was 20 Sep 22. When, therefore, should I expect to receive my lump sum and what, if anything, do I need to do to make it happen?
I completed all the relevant paperwork before leaving and was told I had nothing left to do. My UK address and bank details have remained the same as they were before I left. I am out of the country though and haven’t read any correspondence from Equiniti.
The answer I have had so far is to expect my lump sum to arrive in 30 working days (it’s now been more than that) and that all payments will be back dated.
I just wondered if anybody has any recent experience of whether the 30 days is a good benchmark or whether it will be the first pay run after the 30 days (standard JPAC Glasgow answer even though I realise pensions are done differently) or one of any number of other such excuses.
I have some Champagne on ice which is waiting on an answer!
BV
My last day in uniform was 20 Sep 22. When, therefore, should I expect to receive my lump sum and what, if anything, do I need to do to make it happen?
I completed all the relevant paperwork before leaving and was told I had nothing left to do. My UK address and bank details have remained the same as they were before I left. I am out of the country though and haven’t read any correspondence from Equiniti.
The answer I have had so far is to expect my lump sum to arrive in 30 working days (it’s now been more than that) and that all payments will be back dated.
I just wondered if anybody has any recent experience of whether the 30 days is a good benchmark or whether it will be the first pay run after the 30 days (standard JPAC Glasgow answer even though I realise pensions are done differently) or one of any number of other such excuses.
I have some Champagne on ice which is waiting on an answer!
BV
I did chase it up as I’d heard nothing after filling in the paperwork several months earlier even though you’re supposed to get confirmation of receipt from them. They had received everything and could provide me the detail of what I would be receiving with rough dates as well.
Sven
That sounds more like I was expecting. Being overseas I’m loathe to make too many phone calls but it’s getting a little tedious. I’ll try to be patient for a little while longer.
BV
BV
Just a note:
For those that have been out a while and when you finally reach the military pension age, remember you actually NEED TO APPLY FOR IT roughly when it's due, it WILL NOT automatically be paid out.
For those that have been out a while and when you finally reach the military pension age, remember you actually NEED TO APPLY FOR IT roughly when it's due, it WILL NOT automatically be paid out.
Originally Posted by Bob Viking
I personally make today day 34 (assuming a Mon-Fri working week). I’m happy to accept a few days grace but I’ll be annoyed if I end up in the ‘wait until the end of the month’ cycle.
Is this all just the MOD’s last chance to give you a kick in the nuts before you leave? To remind us how ‘people are our best asset’?!
BV
Is this all just the MOD’s last chance to give you a kick in the nuts before you leave? To remind us how ‘people are our best asset’?!
BV
