If you intend to join the Army - or the RAF or the RN for that matter - in the future, you won't actually receive a pension after 22 years service. The old pension scheme with the 22 years for pension feature is now closed to new recruits and anyone who joins or has joined after 5 April this year is a member of the new AFPS 05 scheme.
The terms are a bit more complex than the old scheme. The main thing that will interest you is that if someone leaves before age 55, they will receive their pension at age 65 and if they have served for 18 or more years are 40 years of age or over (and younger than 55), they will be entitled to an Early Departure Payment (or EDP) payable until they are 65.
Pension will be pased soley on the individual's final salary as oposed to the representative pay rates system of the old scheme.
The new scheme and EDP are complex and not something that is easy to explain in a few words. I suggest you read the details that are available on the 05 scheme on the MOD website at http://www.mod.uk/issues/pensions/
Had I joined the wonderful boys in blue of the heroic firefighters, or any other government run oganisation I could have my pension paid directly into and bank within the European union. However because i opted to wear the green skin,I am forced to have it paid in an UK account. Why isnt it possible to have it paid anywhere in Europe. Afterall we are now all one big happy family aren't we
Just have a standing order from your uk bank to ... where ever you want it to go. You will however have to pay any costs involved and the amount will be subject to any currency fluctuations. Be careful too about the taxation issues.