AFPS75 Pension % Increase over the years.

[Forces Pension Society]

I have just looked at the multiplication tables for 2012 and about 14% looks right.

 

[Al447]

I have just looked at the multiplication tables for 2012 and about 14% looks right.

Thank you, so disappointed with the increase.

 

[Cable_Ties]

Some people are never happy.....

 

[Al447]

Some people are never happy.....

and that my friend is my prerogative.

 

[torque_tester]

Hello FPS,

Would you be able to provide the pre commutable pension for a SSGT leaving after 22yrs Jun 10 and the % increase.

TIA

 

[Daxx]

Hello FPS,

Would you be able to provide the pre commutable pension for a SSGT leaving after 22yrs Jun 10 and the % increase.

TIA

You can submit a pension forecast request to SPVA once a year.

 

[Arse Gravy]

@Forces Pension Society The last time I saw a pension increase to my pension was in 2017. I've looked at the CPI inflation rates for the following years and this shows a slight increase. My question is should my pension have increased over these years. I left in 2010 as a WO2 and took full commutation.

Have another chaps, or indeed chappettes, not seen an increase on their annual pension statement for the years 2018 through to 2020?

 

[Forces Pension Society]

Hello FPS,

Would you be able to provide the pre commutable pension for a SSGT leaving after 22yrs Jun 10 and the % increase.

TIA

The Pension Codes are on the MOD's website (put Tr Service Pension Codes into your browser to find them). Assuming that you had exactly 22 years and had been a SSgt for at least 2 years, the 22 yr rate for a SSgt in June 2020 was 11,971. Assuming that you left between 1-26 June 2010, the increase would be 24.18% - so new rate 14,865

 

[Forces Pension Society]

@Forces Pension Society The last time I saw a pension increase to my pension was in 2017. I've looked at the CPI inflation rates for the following years and this shows a slight increase. My question is should my pension have increased over these years. I left in 2010 as a WO2 and took full commutation.

Have another chaps, or indeed chappettes, not seen an increase on their annual pension statement for the years 2018 through to 2020?

The increases have been very small as CPI has been running at a very low rate since 2010. If in doubt contact Equiniti Paymaster 0845 121 2514 or veteransukpension@equinitit.com and ask for confirmation.

 

[Arse Gravy]

The increases have been very small as CPI has been running at a very low rate since 2010. If in doubt contact Equiniti Paymaster 0845 121 2514 or veteransukpension@equinitit.com and ask for confirmation.

Thank you for the response, I'll contact them forthwith.

 

[torque_tester]

The Pension Codes are on the MOD's website (put Tr Service Pension Codes into your browser to find them). Assuming that you had exactly 22 years and had been a SSgt for at least 2 years, the 22 yr rate for a SSgt in June 2020 was 11,971. Assuming that you left between 1-26 June 2010, the increase would be 24.18% - so new rate 14,865

Hey FPS,
Thank you for the speedy response and the steer to the page.
Left at 22y 227d, last day was 19 jun. PVR'd to emigrate.

 

[Daxx]

For everyone using the kindness of FPS responding to these threads, they are a charity, so either bung them a donation or subscribe for a year to say thank you.

 

[Forces Pension Society]

Thank you for your kind words Daxx. It is true that we have a Charitable Fund but we rely on membership to run our enquiry service. We answer generic questions on the military blogs but, where it gets more than generic, I do ask people to join the Society so that the Pensions Team can give a full personalised answer.