Is 5 Year Money A thing of the past?

greenmachine said:
Just wanted to know wether you still get your five year money as im 4 months away from it and exacly how much is it? any ideas?
Yeah you still get it. You have to sign for it from your RAO but then it should arrive in your bank the following month. I got about 1800 after tax. Not to bad I suppose
i think its in the process of changing to a one off 5000 pound payment instead of the 5 and 8 year money i read something on the tinterweb at work the other day ill find it when i get back and PM you the details.
O dear me, the guru is at it again for a change. They are only changing the 5 and 8 year money to a combined one off payment for soldiers who joined after 2004 I think it was. The details are on ArmyNet.

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