Discussion in 'Armed Forces Pension Scheme' started by taffplod, Apr 16, 2010.
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Anyone out there know when you get infoed on your annual pension increase.
My answer is based on the old pension scheme and it assumes you left after completing 22 years.
Pension increases are only paid once you turn 55, if you left at 40 then your pension remains fixed until you turn 55 at which point it will increase taking into account all the yearly increases since you left.
For example - Leave at 40 with a Â£9k pension. You will receive Â£9k every year until you turn 55. At 55 the new pension is the original Â£9k plus the annual increases over the last 15 years.
Thanks, but this years increase, when.
Aparently, we're not getting one this year: have a look here http://www.arrse.co.uk/Forums/viewtopic/t=145716/postdays=0/postorder=asc/start=0.html
If in doubt, ask Litotes nicely and he may confirm the thread.
Bugger.... but at least its not going down.
Well fcuk me, it ferking well did go down ...by 22 Pence a month. Probably cost them more on admin than my REduction , blees them.
Yup,you're a Public Sector Pensioner,and as such no rise this year,cheers Gordo you tight f*cker!
The Chancellor vowed to cut the soaring bills on benefits, tax credits and public sector pensions as part of the Government's attempts to reduce the UK's debt mountain.
Just how safe are military pensions? Can they take ours/reduce them or just introduce new schemes for new recruits??
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