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Discuss Pension rights in Armed Forces Pension Scheme on The Army Rumour Service; I know my pension is a final salary pension. And I have to do 24 months in rank to achieve this but does the fact that I'll of been receiving Pay of higher rank/acting rank ...
  1. #1
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    Pension rights

    I know my pension is a final salary pension. And I have to do 24 months in rank to achieve this but does the fact that I'll of been receiving Pay of higher rank/acting rank for my last 2 yrs have any bearing on my pension?

  2. #2
    Senior Member Litotes's Avatar
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    Re: Pension rights

    Quote Originally Posted by RE-DSO
    I know my pension is a final salary pension. And I have to do 24 months in rank to achieve this but does the fact that I'll of been receiving Pay of higher rank/acting rank for my last 2 yrs have any bearing on my pension?
    If you use the pension calculator on the Defence Intranet, it shows that POHR is included in the calculation.

    Litotes

  3. #3
    Senior Member
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    Re: Pension rights

    I keep forgetting about that. I've been driving a desk for the last 2 1/2 yrs and have only got a LCCSR term in the last month. My unit is so far behind the power curve. But I'm happy in my job and should time out here.
    Many thanks

  4. #4
    Senior Member Travis_Bickle's Avatar
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    Dec 2003
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    Re: Pension rights

    I thought that the time in highest rank had been reduced to 1 year from 2 recently, is this the case or have we been misinformed by our admin staff?

    Doesn't make any difference to me, but a couple of my lads will need to do a few extra months after their 22 in order to pension at the higher rank if the qualifying period is still 2 years.

    Can any pensions ninjas out there throw some light on the please?

  5. #5
    Senior Member
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    Re: Pension rights

    T_B

    I heard something similar; that your pension qualification for the rank would now begin immediately, on completion of your promotion course (in other words, on attaining your substantive rank). I am treating it with caution, however, as I have yet to see anything official on this.

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