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15th Oct 2022, 10:07
Replies: 302
Views: 128,825
Posted By Countdown begins

Whilst the Armed Forces are just fodder to this...

Whilst the Armed Forces are just fodder to this government, the Judges are not. If this whole debacle gets churned up I can see them protesting with a much louder voice than the Armed Forces and Fire...
14th Oct 2022, 11:37
Replies: 302
Views: 128,825
Posted By Countdown begins

Do you know anything about the pensions case? ...

Do you know anything about the pensions case?
Whilst you may be correct about timescales, do you know if there was a timescale? Do you know who the ‘top cover’ the military has in this case?
If you...
24th Aug 2021, 18:11
Replies: 302
Views: 128,825
Posted By Countdown begins

Will there be an increase in ETs?

Everyone knows that the longer you serve the richer you are in your shorter retirement; that’s a given.
What do you guys think will happen once the calculator is up and running?
if you are somewhat...
21st Feb 2021, 17:44
Replies: 302
Views: 128,825
Posted By Countdown begins

AFPS Can’t help

I am not asking for advice.
Am I correct in assuming that if I return to 05 from an 05/15 split my PIA will reduce for each year back to 2015?
I’ve asked the PS and got told they don’t give out...
5th Feb 2021, 14:18
Replies: 302
Views: 128,825
Posted By Countdown begins

[QUOTE=Party Animal;10983629]Good news indeed....

[QUOTE=Party Animal;10983629]Good news indeed. Hopefully it shouldn’t be too difficult to update the Armed Forces Pension Calculator so we can clearly see the options.

The fact that there is no...
1st Feb 2021, 12:38
Replies: 302
Views: 128,825
Posted By Countdown begins

Thanks for the update.

Thanks for the update.
20th Jul 2020, 16:04
Replies: 302
Views: 128,825
Posted By Countdown begins

I think it’s to do with tax relief on personal...

I think it’s to do with tax relief on personal pensions.
Say you earn £55k a year, but want to invest in a personal pension plan, then if you were to pay £5k into such a plan you would get £1k paid...
16th Jul 2020, 21:45
Replies: 302
Views: 128,825
Posted By Countdown begins

I’m not the oracle, just read into my area of...

I’m not the oracle, just read into my area of interest.

can you expand on the benefits piece?
16th Jul 2020, 19:27
Replies: 302
Views: 128,825
Posted By Countdown begins

Thelizardking

Once you accept PAS you have 5 years of hard labour to serve. A couple on the Sqn took it recently, and took the £20k that went with it. They can’t leave until they complete 5 years. Their RoS (??)...
16th Jul 2020, 19:16
Replies: 302
Views: 128,825
Posted By Countdown begins

You need to balance your own personal risks....

You need to balance your own personal risks. Nobody will live forever, and aches and creeks can quite easily ground people. You can’t leave.
It’s actuary territory for the stats and risks, but I’m...
16th Jul 2020, 17:29
Replies: 302
Views: 128,825
Posted By Countdown begins

On 15 you have to do until age 60 to get the...

On 15 you have to do until age 60 to get the enhanced pension. A day before that,. and it’s a much smaller EDP and wait til you reach pension age, 66-68. It’s a gamble to be on 15, as it is a cost...
16th Jul 2020, 15:51
Replies: 302
Views: 128,825
Posted By Countdown begins

No, not the end of the world. Maybe those that...

No, not the end of the world. Maybe those that recently accepted PAS thinking they were back on 05/ 15 May not see it like that though.
16th Jul 2020, 15:29
Replies: 302
Views: 128,825
Posted By Countdown begins

Accrual rates in 75/05 versus accrual rate on 15?...

Accrual rates in 75/05 versus accrual rate on 15? That’s an interesting question. I think you’d have to read 2 separate JSPs.
16th Jul 2020, 15:26
Replies: 302
Views: 128,825
Posted By Countdown begins

Bob, that’s exactly it. You’d get back onto 75 (...

Bob, that’s exactly it. You’d get back onto 75 ( add time for the whole admin cluster) and then you’d have to leave before that date in 2022.
16th Jul 2020, 15:15
Replies: 302
Views: 128,825
Posted By Countdown begins

I think that’s the first bit, and that you can....

I think that’s the first bit, and that you can. Come the day in 2022 then whether you did or didn’t revert back is irrelevant, you are going to Pens15, but with perhaps 2 extra years on 75/ 05...
16th Jul 2020, 15:00
Replies: 302
Views: 128,825
Posted By Countdown begins

Bob, it mentions what’s accrued stays yours. It...

Bob, it mentions what’s accrued stays yours. It seems that those due to retire by 22 keep their choice of pension, those after don’t and will have to take 15. Same as before, but this time not an age...
16th Jul 2020, 14:37
Replies: 302
Views: 128,825
Posted By Countdown begins

I see the same Choose whatever pension you want...

I see the same
Choose whatever pension you want for now, but a date in 2022, tough luck. This time there’s no age connection.
RoS on PAS will cripple some now, another trawler sized net to keep...
21st Feb 2020, 12:00
Replies: 302
Views: 128,825
Posted By Countdown begins

More likely to leave?

If you take a ( so far undecided) option to rejoin 75 are you more less likely to leave at 55?
same question if you can return to 05.
Same question to a 75/15 and 05/15 split.
it will present an...
15th Jan 2020, 06:39
Replies: 302
Views: 128,825
Posted By Countdown begins

As the pension schemes exist I don’t believe you...

As the pension schemes exist I don’t believe you are correct. It matters not, the judges are our top cover, and they’ve beaten UK law.
I haven’t sat at desk top level, no. Perhaps rank precludes...
14th Jan 2020, 19:58
Replies: 302
Views: 128,825
Posted By Countdown begins

You are a decision behind the rest of us....

You are a decision behind the rest of us. Re-read.
I don’t think the commons etc will vote, seeing as it was a court decision. Nobody will be joining a scheme they weren’t part of, either- so no new...
13th Jan 2020, 17:04
Replies: 302
Views: 128,825
Posted By Countdown begins

ive been advised by an IFA to involve my MP. If...

ive been advised by an IFA to involve my MP. If somebody focuses on this now it’s a big problem, with those that have left, those about to and those who have years left.
One of the pensions...
11th Jan 2020, 20:04
Replies: 302
Views: 128,825
Posted By Countdown begins

Speak to your MP

I spoke with a Fire Union rep in Carlisle last week and they are moving forward, and quickly. They have a Union.
The RAF is not taking the matter seriously, as Ben has said the priority is...
31st Dec 2019, 16:36
Replies: 302
Views: 128,825
Posted By Countdown begins

when your CM is looking to jump them self it’s a...

when your CM is looking to jump them self it’s a dire position to be in. Rather than solely focus on recruiting, surely retention now needs to be looked at. Because I wasn’t interested in my 75...
22nd Dec 2019, 19:55
Replies: 302
Views: 128,825
Posted By Countdown begins

Is someone who returns to 75 more likely to leave...

Is someone who returns to 75 more likely to leave at the 55 point now, if that turns out to be the direction of flow?
21st Dec 2019, 18:43
Replies: 302
Views: 128,825
Posted By Countdown begins

Not sure why people would now all come out at age...

Not sure why people would now all come out at age 55? 75 especially??
on a different note though, what will happen to any money money people paid in to top up 15? It was tax efficient with no risk....
20th Dec 2019, 19:05
Replies: 302
Views: 128,825
Posted By Countdown begins

The FBU will now pursue compensation for injury...

The FBU will now pursue compensation for injury to feelings and compensation for financial losses for claimants who lost money due to the changes.


My feelings were hurt.

...
3rd Dec 2019, 22:55
Replies: 302
Views: 128,825
Posted By Countdown begins

I tried that and replacing 8 years worth of...

I tried that and replacing 8 years worth of AFPS15 with AFPS05 increased my yearly EDP by just £300. I doubt that’s correct, but the second lump sum has motivated me nicely, especially as it can be...
Showing results 1 to 27 of 27


 
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