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-   -   PA pension. Bah, Humbug! (https://www.pprune.org/military-aviation/251953-pa-pension-bah-humbug.html)

Ginseng 13th Nov 2006 19:31

All reasonable replies so far. It was a once-only offer, and we discussed the various implications at length here over many months.

However:

Sauce for the goose and all that. If it is OK for the MoD to say "you made your bed ....", why is it also OK for those currently serving on SSC, who made a reasonable election at the time to remain on AFPS75, to be told now that they can have a PC if they want one, but only if they agree to retrospectively change their election and transfer to AFPS05? A case of the MoD wanting to have its cake and eat it, I think. Moreover, it must be a considerable disincentive to those who might give a few more years now, but are not sure they want to commit all the way to 55.

Find me my gun, I feel a sudden need to shoot myself in the foot!

Regards

Ginseng

LFFC 13th Nov 2006 21:00

Now that's very interesting. From what I've heard, I'm sure that if you offered Career Spine sqn ldrs the chance to convert to the PA spine and swap to AFPS05 then a lot would stay for much longer.

But you're right Ginseng, this was discussed months ago - so maybe the wheels don't think that it's necessary to offer that.

Bitberg7 14th Nov 2006 07:44

Ginseng, where did the info below come from? If this is the policy, it may give ammunition for those transferring to PA who would love the opportunity to take advantage of AFPS05.

Originally Posted by Ginseng (Post 2961235)
why is it also OK for those currently serving on SSC, who made a reasonable election at the time to remain on AFPS75, to be told now that they can have a PC if they want one, but only if they agree to retrospectively change their election and transfer to AFPS05? A case of the MoD wanting to have its cake and eat it, I think. Ginseng


Mick Strigg 14th Nov 2006 09:36

You win some, you lose some!

There was only one small group of people that were guaranteed to "win some" with AFPS 05, those that were already PA spine and intending to stay until 55.

For everone else, it was a gamble that you took at the time.

It looks like you lost this time!

Ginseng 14th Nov 2006 18:50

Bitberg
 
Exactly that happened to an acquitance of mine. The offer was transfer to PC to serve to 18 years/age 40 point with transfer to AFPS05 - take it or leave it.

He left it.

Regards

Ginseng

Hueymeister 14th Nov 2006 21:05

Gin and Tonic

With you all the way....best you start whipping some of the young'uns in your orrrrifice, lest you have too little time to mentor them whilst winding your enormous clock. I said CLOCK.

HM

ps Squelch told me to write this!

:uhoh: :p :E

I'llhaveaG&TMate 16th Nov 2006 20:17

This internet is a marvellous invention! Apparently I can receive private messages.
If anyone who finds themselves in a similar situation would like to pass me some details via a PM, then maybe this problem can be addressed.
For those of you who haven't guessed my identity: 'orange'.
Thanks


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