PPRuNe Forums - Pensions Trap?

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So, just seeing what could be thrown at us that could potentially end up back on AFPS75..
It will cost the MOD, but if we are placed back on AFP75 or the 05 scheme, where’s the clawback? Ideas being talked about have included being forced to sign onto AFPS15 when you re-engage or accept promotion. Whilst it’s a saving measure it would be a dirty game. Has anyone here ever seen such a clause or mechanism like described being used in the past?

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Ideas being talked about have included being forced to sign onto AFPS15 when you re-engage or accept promotion

Always used to be that when you re-engaged or accepted promotion your Terms of Service changed anyway (albeit, I accept usually only exit points, break points etc and not necessarily your pension [IIRC didn't signing up to PA Spine also have an automatic transfer to a different pension scheme? AFPS05?]). I suspect the MOD view will be 'take it or leave it' and that if you don't like the associated Terms of Service that are on offer then don't re-engage or don't accept promotion (although I get that some say you don't have a choice - I would disagree, from personal experience, twice!). If they tried to force you onto new Terms of Service midway through your engagement - different matter (but I suspect is covered by the "exigencies of the Service" or whatever it is called these days). My views, I'm out now (AFPS75 :)), so it may be complete hoop.

The services are so desperate to retain people that I can’t see promotions or extensions being used as leverage to get people onto AFPS15. As the issue was age discrimination between those entitled to remain on 75/05 and those forced to switch, I wonder if they will instead seek to change *everyone* to AFPS15. Money already paid out would probably be judged unrecoverable, but that’s a sunk cost and at least the legal angle would have been satisfied...?

Nah, I’m not convinced we’ll all end up on Pen15. That’s still a cost saver, and they’ve already said that it’s an expensive £4Bn. I think there’s a fair chance we will be getting offered the chance to go back on to a previous pension. The catch being to assimilate or promote you take the new T&Cs.

Given that the court case revolved around special treatment given to those beyond a certain age, any solution will have to remedy that issue. Which is why I think they will just move everyone to AFPS 15. Those sill serving and with 75 benefits in the bag will still be able to claim those but they will just have to abandon the grandfather rights for those who were afforded protection solely on the basis of age.

All that said, if Iain Duncan Smith gets his way, State Pension Age will go to 75 and with it preserved pension payments! I can't imaging the Forces working to 75 - 60 already conjurs up images of Dad's Army - so the question will be what to do to bridge the gap. It does in some respects resolve the issue of the pensions trap though if you aren't able to get a full pension til 75, you may as well bank what you have and start again in a second career. That, or it will create competition for service to MEOS at 60 when immediate pensions become payable thus reinforcing the pensions trap for a small band of career personnel.

personnel today dit comm says different. There’s compensation galore on this bulldozered pensions botch.

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Originally Posted by Just This Once... (Post 10555068)

Say again?

New Fighter Pilot?
:confused:

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Originally Posted by Just This Once... (Post 10555068)

Say again?

JTO, are you serving or retired? Serving peeps may well be interested, but those not serving ...probably not.
There are plenty of statements on the intranet, but until the ET has concluded no gen for the members of the pension schemes.
I can’t put a link in yet as I have too few posts, but if you google it you’ll find the police are pushing at the result, which in effect will push ours too, as the public sector is being dealt with as a whole, not individual departments.

I'm on the outside, for over a year. Left on AFPS 75/15 terms so any recasting of the AFPS15 debacle will impact me.

Reading your post had my Bable Fish confused.