Does anybody understand the new pension scheme? Better still can anyone explain the simple pros and cons in bullet format of each scheme? All the money spent on recent glossy leaflets could probably have been better spent on my gratuity for the amount of simple, factual information that they have failed to provide!! As I understand it the main points of the new scheme are A. Better provision for widows pensions B. Brought Officers pensions into line with soldiers C. New pension only out-performs the old scheme if you serve beyond 22 years. D. Preserved pensions and terminal grants now payable at 65 instead of 60 If there is anyone out there who - in a single paragraph - can convince me why I - in the very twighlight of my 22 years - should transfer to the new scheme, I would be interested and most grateful. N.B. I only speak English and have no formal financial trainiing!