Pension.

Discussion in 'Armed Forces Pension Scheme' started by taffplod, Apr 16, 2010.

Welcome to the Army Rumour Service, ARRSE

The UK's largest and busiest UNofficial military website.

The heart of the site is the forum area, including:

  1. Anyone out there know when you get infoed on your annual pension increase. :?
     
  2. 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 £9k pension. You will receive £9k every year until you turn 55. At 55 the new pension is the original £9k plus the annual increases over the last 15 years.
     
  3. Thanks, but this years increase, when.
     
  4. Bugger.... but at least its not going down.
     
  5. 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.
     
  6. Yup,you're a Public Sector Pensioner,and as such no rise this year,cheers Gordo you tight f*cker! :x