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Search: Posts Made By: Reverend 71
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4th May 2013, 07:22
Replies: 98
Views: 27,774
Posted By Reverend 71

Whenurhappy, If you do not have DII access...

Whenurhappy,

If you do not have DII access try the Airspace website that is part of the RAF Community site as all relevant pensions announcements have been published there. Once on the site check...
3rd Aug 2012, 15:56
Replies: 162
Views: 39,454
Posted By Reverend 71

Normal Pension Age of 60 The move to a...

Normal Pension Age of 60

The move to a Normal Pension Age of 60 for the uniformed services was recommended by Lord Hutton and this was accepted by the Government last year. Therefore, the Normal...
3rd Aug 2012, 08:57
Replies: 37
Views: 9,977
Posted By Reverend 71

To provide another perspective on the...

To provide another perspective on the Consultation Exercise, the FAFPS Team were bounded by the recommendations in Lord Hutton's report and actuarial discussions with Treasury, which left very little...
1st Aug 2012, 07:42
Replies: 162
Views: 39,454
Posted By Reverend 71

Backwards, As well as getting 18 yrs worth...

Backwards,

As well as getting 18 yrs worth of Career Average, don't forget that the value of each year's contributions will be revalued by an average earnings index so you will also benefit from...
31st Jul 2012, 13:26
Replies: 162
Views: 39,454
Posted By Reverend 71

Al R, Yes, I think you are right about the...

Al R,

Yes, I think you are right about the Civil Service, but they pay through the nose with personal contributions for that scheme and work for longer. We will still pay no personal contribution...
31st Jul 2012, 12:57
Replies: 162
Views: 39,454
Posted By Reverend 71

An accrual rate of 1/47th. That'll do nicely, sir.

An accrual rate of 1/47th. That'll do nicely, sir.
30th Jul 2012, 19:05
Replies: 162
Views: 39,454
Posted By Reverend 71

Albert, The online survey was part of the...

Albert,

The online survey was part of the FAFPS consultation process that was launched on 29 Mar 12 and finished on 31 May. As usual this was announced in a DIN and an IBN was issued at the same...
26th Jul 2012, 19:54
Replies: 162
Views: 39,454
Posted By Reverend 71

MM4, I am unsure whether I have understood...

MM4,

I am unsure whether I have understood your point fully, but the announcement of the scheme design for FAFPS will have no bearing on current or future PAS pay scales or any other pay scales....
26th Jul 2012, 12:03
Replies: 162
Views: 39,454
Posted By Reverend 71

Al R, the FAPS Team under DCDS Pers are...

Al R, the FAPS Team under DCDS Pers are responsible for communications on the new pension scheme from the Centre, with internal comms coming from the single Service Pay Colonels. The FAFPS Team's...
13th Jul 2012, 23:29
Replies: 32
Views: 9,284
Posted By Reverend 71

Red 10 spotted on ground at Shrivenham on...

Red 10 spotted on ground at Shrivenham on Thursday, where there appeared to be a lot of people in No1s or equivalents. Having not done ACSC, my Key Stage 1 military estimate is that the Reds were...
21st Jun 2012, 08:17
Replies: 49
Views: 12,475
Posted By Reverend 71

FAFPS

I am very happy that under FAFPS I will receive a generous pension on retirement that I will not have contributed a penny to and will use the money this has 'saved' me to make other investments or to...
16th Mar 2012, 08:47
Replies: 162
Views: 39,454
Posted By Reverend 71

As Cpl Clott said there will be an EDP point on...

As Cpl Clott said there will be an EDP point on the new scheme it just hasn't been decided when it will be. Given that much of the new scheme's framework has been set down by Lord Hutton, there still...
15th Mar 2012, 12:06
Replies: 162
Views: 39,454
Posted By Reverend 71

Melchett, Under FAFPS, your pension will be...

Melchett,

Under FAFPS, your pension will be based on your career average from the date the scheme is introduced (from Apr 15). As you say, past service is covered by your accrued rights. It will...
7th Mar 2012, 15:04
Replies: 267
Views: 90,158
Posted By Reverend 71

Dash, AFPS 75 allows a maximum reckonable...

Dash,

AFPS 75 allows a maximum reckonable service for pension purposes of 34 yrs for officers and 37 yrs for ORs, which with a Normal Pension Age of 55 means that pensionable service for offrs...
5th Mar 2012, 08:47
Replies: 267
Views: 90,158
Posted By Reverend 71

From the briefings I've attended, the new scheme...

From the briefings I've attended, the new scheme will not be retrospective as all your previous earnings would be reflected in the pension benefits you would have been earned under AFPS 75 or 05...
5th Mar 2012, 07:40
Replies: 267
Views: 90,158
Posted By Reverend 71

The PAS pension supplements under AFPS 75 would...

The PAS pension supplements under AFPS 75 would be the accrued rights in this case, therefore, the individual on that scheme would probably have to complete the 5 yrs RoS to access the supplements...
24th Feb 2012, 10:23
Replies: 267
Views: 90,158
Posted By Reverend 71

From what I recall from a pensions brief to PSF...

From what I recall from a pensions brief to PSF staffs recently, the resettlement commutation is an accrued right and therefore should be available to individuals after the new scheme is introduced...
23rd Feb 2012, 15:06
Replies: 267
Views: 90,158
Posted By Reverend 71

Details on the agreement between HMT and the MoD...

Details on the agreement between HMT and the MoD on accrued rights for those on AFPS 75 and 05 have now been published on the Defence Intranet under DIN 2012DIN01-063: 'Pension rights accrued in...
Showing results 1 to 18 of 18


 
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