Immediate pension at 16 years with IRC / RegC

Discussion in 'Army Pay, Claims & JPA' started by bingobong, Feb 25, 2009.

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  1. I got offered a Regular Commission from Sandhurst - no mention of any negatives. Now I'm planning to leave at my 16 year point and get my immediate pension (old pension scheme - 75) and I've found I'll be at least £1,500 worse off a year than if I had an IRC and just let it run out rather than having the RegC and PVR-ing.

    Does anyone know of any way around this??? Annoying to have mates leaving having done the same as me and getting more cash!

    Perhaps there's an angle about not being told this at the beginning or some other loophole to exploit?
  2. in_the_cheapseats

    in_the_cheapseats LE Moderator

    Nope - you're screwed.

    As I was too.
  3. Use the Forces pension calculator or go and see your RAO for a pension printout - you'll find that you'll need to complete around 18 years reckonable service to make up the difference between your pension at the 16 yr point on an IRC and that on a Reg C.
  4. That small print is damned small, isn't it?

    I have known a couple of people caught in the same "trap" but I don't think there is anything you can do about it.

  5. I'll swap you for my IRC......
  6. And you only realised this now, at your 16 year point?

    I'd have been plotting much earlier...