I will get lump sum if 85K and mil pension of 25K, rising to 32 at SPA, but not if

I do extra year to 60… only get 58K lump sum and same amounts of pension

Wondered why…

Posted By: um_gah on January 15th 2024 at 21:53:31

Message Thread

Any ex-forces on here who left recently and are 60+ ? (n/m) (General Chat) - um_gah, Jan 15, 19:07:41
- Does something happen to your military pension (General Chat) - um_gah, Jan 15, 21:01:45
  - no at age 55, it gets ramped up to full pension entitlement based on years served/rank (General Chat) - Tombs, Jan 15, 21:15:57
    - Yep thats AFPS 75... entry closed for that 05/04/2005 (n/m) (General Chat) - promethian1, Jan 15, 21:20:17
      - yep and you get foreclosed off of it (commutation) after two years (General Chat) - Tombs, Jan 15, 21:24:25
        
        There is a bit in AFPS75 that refers to deferred Pension you can get at age 60 (General Chat) - promethian1, Jan 15, 21:27:32
        
        didn't know that cheers (General Chat) - Tombs, Jan 15, 21:32:09
        
        I'm with you there.. the AFPS 75 was a good scheme. (n/m) (General Chat) - promethian1, Jan 15, 21:35:04
        
        I will get lump sum if 85K and mil pension of 25K, rising to 32 at SPA, but not if (General Chat) - um_gah, Jan 15, 21:53:31
        
        Sounds strange... and as you are between 2 stools as far as Pension schemes (General Chat) - promethian1, Jan 15, 22:10:36
        
        Online pension calculator for you. Thanks (n/m) (General Chat) - um_gah, Jan 15, 22:11:49
        
        yep can't grumble at the pension scheme at all (n/m) (General Chat) - Tombs, Jan 15, 21:38:58
  - Only if you serve uo to age 60 or betond. (n/m) (General Chat) - promethian1, Jan 15, 21:05:49
    - Try again... only if you serve up to age 60 or beyond (n/m) (General Chat) - promethian1, Jan 15, 21:06:27
      - Was on 75 for 37 and half years then kicked across (General Chat) - um_gah, Jan 15, 21:34:46
        
        You must have LSGC medal and a few bars! (n/m) (General Chat) - promethian1, Jan 15, 21:41:08
        
        Yep 2 bars.. (n/m) (General Chat) - um_gah, Jan 15, 21:44:18
        
        Congrats... much respect. (n/m) (General Chat) - promethian1, Jan 15, 21:46:37
      - Having said that... it may depend on which pension scheme you are in (n/m) (General Chat) - promethian1, Jan 15, 21:08:11
        
        this page is quite good.... (General Chat) - promethian1, Jan 15, 21:09:51
        
        Saw that and tempted to join it.. (n/m) (General Chat) - um_gah, Jan 15, 21:36:02
- me (n/m) (General Chat) - promethian1, Jan 15, 20:58:16
  - Can vouch, listen to Prom and Mr Tombs. Make me proud to support the armed forces. (n/m) (General Chat) - DrDublin, Jan 15, 20:59:44
    - Evening Sir Dubbington... you are a good sort and I'm proud to say so... (n/m) (General Chat) - promethian1, Jan 15, 21:03:52
      - Awww, do my best Lord Prom sir. xx Lets do CoD next sat if you're around. x (n/m) (General Chat) - DrDublin, Jan 15, 22:22:34
- I can certainly try to answer on behalf... (General Chat) - DrDublin, Jan 15, 20:38:26
- Tomby fits that criteria (General Chat) - Jumbo1, Jan 15, 19:41:22
  - far cough (General Chat) - Tombs, Jan 15, 19:48:00
    - oh and um gah, (General Chat) - Tombs, Jan 15, 19:55:04

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