Hi all,
So I left the Army in 2008 and took my lump sum (AFPS75) and lived happily ever after for the next 11yrs. However now I have been offered a job again in the Regular Services (at the age of 51) and in the very bland contract I was sent from APC oil just states that I will be going onto AFPS15.
So I have called DBS a few times today and still cannot get a confirmed answer from them explaining what will happen with my pension. So I get that AFPS75 will freeze and I will go onto the new scheme AFPS15.
But they cannot give me a answer if I have to pay some of my Lump sum back, but tell me that I cannot earn more then when I left - even though im going into a higher paid job then I left!
So can anyone shed a bit of light please, I have heard that after 5yrs of leaving you will not have to pay back anything and that when you leave at 60 you will receive both 75 and 15 as separate pensions?
So could anyone give a helping hand please?
So I left the Army in 2008 and took my lump sum (AFPS75) and lived happily ever after for the next 11yrs. However now I have been offered a job again in the Regular Services (at the age of 51) and in the very bland contract I was sent from APC oil just states that I will be going onto AFPS15.
So I have called DBS a few times today and still cannot get a confirmed answer from them explaining what will happen with my pension. So I get that AFPS75 will freeze and I will go onto the new scheme AFPS15.
But they cannot give me a answer if I have to pay some of my Lump sum back, but tell me that I cannot earn more then when I left - even though im going into a higher paid job then I left!
So can anyone shed a bit of light please, I have heard that after 5yrs of leaving you will not have to pay back anything and that when you leave at 60 you will receive both 75 and 15 as separate pensions?
So could anyone give a helping hand please?