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Forum: Military Aviation

19th Sep 2020, 22:31

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

Im in a very similar boat, however if you stay in...

Im in a very similar boat, however if you stay in until your 60th birthday I think you will find that AFPS 15 becomes payable at 60; if you left the day before then you're right, the 15 portion will...

Forum: Military Aviation

20th Jul 2020, 20:15

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

Except it is better than that, for every 4K you...

Except it is better than that, for every 4K you put in the gov pay 1K, and you can claim 1K back. (ie 5K gets paid in for a 4 K contribution, 20% tax relief paid by gov 1k and if you are a high rate...

Forum: Military Aviation

21st Feb 2020, 13:03

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

In a nutshell - Yes more likely! On AFPS05...

In a nutshell - Yes more likely!

On AFPS05 (or 75) the retirement age is 55. The MOD knew this and hence there was an offer to allign to the NEM so that your service would qualify for a full...

Forum: Military Aviation

20th Feb 2020, 16:49

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

An update from the MOD/FPS MOD - FPS Update...

An update from the MOD/FPS MOD - FPS Update (https://forcespensionsociety.org/2020/02/mccloud-and-armed-forces-pensions-update-on-technical-discussions/)

Seems that there is to be a public...

Forum: Military Aviation

16th Jan 2020, 09:28

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

Well said that man. Otherwise what are we paying...

Well said that man. Otherwise what are we paying £40/yr each for?

Why Forces Pension Society exists (https://forcespensionsociety.org/about-us/why-we-exist/)

Forum: Military Aviation

14th Jan 2020, 22:26

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

It’s not as simple as a choice to return to...

It’s not as simple as a choice to return to previous pension or transfer to 15. People have made life choices on the back of the migration to 15. Whether that be to leave because of erosion of...

Forum: Military Aviation

31st Dec 2019, 16:13

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

There is not going to be a quick fix to this....

There is not going to be a quick fix to this. Everyone has a unique gripe with being forced onto AFPS 15 and each case is subtly different (hence why everyone’s discrimination compensation may be...

Forum: Military Aviation

20th Dec 2019, 18:54

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

”Specifically, it is recognised that it is not as...

”Specifically, it is recognised that it is not as simple as putting everyone back into their old pension scheme. This is because some SP will be better off in the old scheme, and some better off in...

Forum: Military Aviation

4th Dec 2019, 07:15

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

The RAF are already short of key personnel in...

The RAF are already short of key personnel in certain branches. Now that the 'rejoiner' brigade can leave at age 55 with a decent second pension, why would they remain in to age 60? The interesting...

Forum: Military Aviation

3rd Dec 2019, 19:08

Replies: 302

AFPS15 - government decision.

Views: 128,588

Posted By Jambo Jet

Just run the current calculator with your current...

Just run the current calculator with your current expected dates. And for 75/05 only make sure you are aged 45 or older on 1 April 2012 !

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