A Nother Cog
Crow
Looking down the barrel of a P8 full med discharge and trying to get my head straight:
Feb 2003 - April 2015 ( CPL ) = 12.08 years - AFPS 75
April 2015 - Sept 2019 (possible discharge date, SGT) = 4.4 years - AFPS 15
Final Pensionable Earnings = £37 550
MO reckons straight forward, Tier 1.
Regardless of an AFCS claim, can anyone let me know if i'm in the right ball park??
AFPS 75 - Advanced ill health pension £6 801 a year - Based on Invaliding Pension Code List serving on 31st March 2015, OR 4, 12 Years.
Lump sum £20 403 - Based on 3 x Annual ill health pension.
AFPS 15 - £37550 (FPE) ÷ 1/8th x 4.4 (years served) = £20 652 Lump sum.
So...... Lump sum of £41 055
And....... Annual Invaliding Pension of £6 801, is any of this commutable?
(IF I have worked it out correctly and it's not critical that I have)
All help, criticism and scepticism welcomed
Feb 2003 - April 2015 ( CPL ) = 12.08 years - AFPS 75
April 2015 - Sept 2019 (possible discharge date, SGT) = 4.4 years - AFPS 15
Final Pensionable Earnings = £37 550
MO reckons straight forward, Tier 1.
Regardless of an AFCS claim, can anyone let me know if i'm in the right ball park??
AFPS 75 - Advanced ill health pension £6 801 a year - Based on Invaliding Pension Code List serving on 31st March 2015, OR 4, 12 Years.
Lump sum £20 403 - Based on 3 x Annual ill health pension.
AFPS 15 - £37550 (FPE) ÷ 1/8th x 4.4 (years served) = £20 652 Lump sum.
So...... Lump sum of £41 055
And....... Annual Invaliding Pension of £6 801, is any of this commutable?
(IF I have worked it out correctly and it's not critical that I have)
All help, criticism and scepticism welcomed