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Military pension on 2nd career in public services
I am having a look at the future and planning what I would like to do as a second career. As a result I have spoken with several colleagues who seem to think were I to embark on another government career such as Police, Civil Service etc I am not entitled to my full pension being paid on commencement of my 2nd career. I have called the pension people in Glasgow, they weren't sure and will call me back.
Does anyone have an answer or at least know where I could look to find out online as the new .Gov MoD website is not being helpful. Regards HG |
It may depend on the nature of the job, whether it's one open to anyone or solely ex-mil.
It would seem a 'bit' unfair to abate your pension if it's just a position that 'anyone' off the street could apply for, given that if you move in to the private sector the only thing you have to worry about is letting Xafinity and the taxman know how much your wages are so they can tax your pension correctly. |
Heights
If you change department within the Civil Service, you don't actually leave the scheme (subtle difference), you remain within the Civil Service. Thus your pension contributions remain intact, within the Civil Service Pension Scheme. In addition, there is no physical pot of money, so if you actually leave the Civil Service, you are not able to transfer anything into another scheme (Private Sector) because there is simply not anything to transfer. However, the pension you have earned, will be preserved until you reach retirement age (for that particular scheme). Another point that needs making is that there is no universal Public Sector pension sheme (which is what you imply). So again, the transfer is not as simple as you make out, making your statement unfactual. If you leave the Military and say join the Civil Service, you can transfer your Military pension, into the Civil Service Pension Scheme, but it WILL NOT be on a like for like transfer. Transfers also need to be completed within a strict time frame. Wed, 27/06/2012 - 17:12 Public sector pension changes - what you need to know | Moneywise |
It might be related to age. I retired beyond 55 and had a full pension. I then got a job as an RO and continued to receive my full military pension.
An RO's pay used to be based on the assumption that you received a military pension, typically at age 38. That changed about 10 years ago and we moved on to the standard CS banding at the next higher level. |
If you leave the Military and say join the Civil Service, you can transfer your Military pension, into the Civil Service Pension Scheme, but it WILL NOT be on a like for like transfer. |
If it's any help ... retired and received RAF pension became a civil servat in MOD and receive a pension. Neither pension was moderated because of the other.
Speak to the Forces Pension Society for full details and help ... a great organisation. Forces Pension Society - Fighting for the Forces and their Families |
I haven't trawled through this but there might be some more info here;
http://www.civilservice.gov.uk/wp-co..._tcm6-1571.pdf |
Left the RAF after 28 years on Compulsory Redundancy on 31st Aug 12, and EDP now in payment at 66.67% of Final Pension. Started working for Grampian Police on 5th Nov 12 and now receiving Police salary via Aberdeen Council.
Other than the need to be paying 40% tax on the Police salary for the rest of this Tax Year, and the need to inform HMRC which source of revenue you want your Tax Code applied to, the 2 income streams appear to sit in total isolation and neither impacts the other. |
Pontious, think the AFPS05 is based on 70ths not 60ths. The Police get 60ths with a FOUR times tax free lump sum, a good scheme because their union pushed the point that the police have a dangerous career.
OAP |
OAP, thank you, 60-70-80, it matters not just an illustration how one scheme can be modified when added to another. As I said, only applicable if you are not actually going to get a pension as you have still paid in to it. That is the major beef about the Army where they chop people just before they get a pension. If you manage to join another Government scheme and use that 'dead' credit then good on you. But again, only speculation.
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I agree, early termination within a short time of qualifying for a well earned pension is below contempt. I hope that a future service pension scheme will include protection from this sort of abuse. It is not beyond the ability of man to include fair controls to ensure personel are protected, and/or have to accept the limitations of any contract that they enter into, with regards to pensionable rights.
OAP |
Retired Pay + C.S. Salary.
Heights good,
For what it's worth, I retired Jany '73 and kept full RAF pension when joining HMCE following month. Retired from HMCE 1986, been drawing their pension as well for 26 years now. Have drawn far more from RAF in pension than ever they paid me in 23 years service ! Long time ago, but would expect principle to remain the same. Good luck ! Danny. |
Recently I was working part-time for the NHS and drawing a salary; at the same time I was getting a BAe Pension, a state Retirement pension and an RAF Pension and drawing income from an annuity. Obviously I was paying quite a lot of tax no one pension affected the payment of the others.
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Originally Posted by A2QFI
(Post 7671370)
a state Retirement pension and an RAF Pension . . . Obviously I was paying quite a lot of tax no one pension affected the payment of the others.
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Thank you. ISTR recall that the RAF opted me out of SERPS very many years ago = pre 1977 when I left.
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I think it depends upon your own circumstances.
As I understand it... Leave Mil and rejoin Mil, you'll lose out as pension offsets wage. Leave Mil, join Civ, leave and rejoin Mil - You don't lose Pension. I'd seriously look at doing a paper-round for a month or 2 after leaving, just to get a NI/Income Tax credit from an non-Mil job. However, this may depend on leaving at pre- or post- 22yr point (for ORs) |
Heights Good,
F-AFPS will do away with any penalties relating to leaving HM Forces and then rejoining in a different capacity, and in addition, para l refers; "Members transferring between public service schemes to be treated as having continuous Service". That may not be in keeping with your timescale though. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/48851/20121016_afpc_final_agreement.pdf There are special terms anyway which apply to what is formally known as 'the public sector transfer club'. If you're going to become a firefighter, teacher or Chief Inspector(!), these might be useful to you. Public Sector Transfer Club - Civil Service http://resources.civilservice.gov.uk/wp-content/uploads/2012/12/The-Public-Sector-Transfer-Club-WEB-Sept-2012.pdf |
SERPS
..... ISTR recall that the RAF opted me out of SERPS very many years ago = pre 1977 .... |
abatement
You would only suffer abatement if you took a job for which your military experience was a pre-requisite. So, if you go for an MPGS job or an FTRS job, you will be abated. Other public sector jobs are, typically, subject to 'fair and open competition' and no abatement of your pension would happen.
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Originally Posted by Voxpop
(Post 7673004)
You would only suffer abatement . . .an FTRS job, you will be abated.
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