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Public Sector Pension Ruling and the Armed Forces

busby1971

Super Moderator
Staff member
1000+ Posts
6,929
564
113
Tons of supply and demand issues hanging around due to COVID, don't forget that having a high CPI based increase is just a catch up of all the price increases you've been paying for during the past 18 months, although I've still got a big mortgage with a new long cheap fix so inflation would be great for me.
 
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AFPS 75

Regulars only – entry closed on 05/04/2005​

A minimum of two years’ service is needed in the scheme in order to be entitled to any pension. Commissioned Officers can leave with immediate pension award entitlements after 16 years of service. Non-commissioned individuals can leave with immediate pension award entitlements after 22 years of service.

Hello,

Once AFPS15 hits us next year, as a legacy AFPS 75 member, do i still need to complete "2 years in rank" to receive the higher pension?
 

Dan_Brown

Sergeant
927
132
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For the 75 part, that is Final Salary - so you will still need to have done 2 years in rank to receive that element.

At least that is my understanding.
 

Vauxhall

Sergeant
FORCES PENSION EXPERT
512
80
40
The pension is worked out at the point at which you leave the Armed Forces. The 'legacy' elements are protected so, if by the time you leave you have built up 2 years in the higher rank, the AFPS 75 element will be in the higher rank.

AFPS 75 is based on Pension Codes not Final Salary. AFPS 05 is worked out on Final Pensionable Salary. AFPS 15 builds up by 1/47th of pay per year with earlier years increased by an earnings factor.
 

ERT

Corporal
247
31
28
The pension is worked out at the point at which you leave the Armed Forces. The 'legacy' elements are protected so, if by the time you leave you have built up 2 years in the higher rank, the AFPS 75 element will be in the higher rank.

AFPS 75 is based on Pension Codes not Final Salary. AFPS 05 is worked out on Final Pensionable Salary. AFPS 15 builds up by 1/47th of pay per year with earlier years increased by an earnings factor.

Thank you for the response.
 
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Hi Vauxhall,

This is wonderful news, I am a FPS member and was going to email it in, but figured this place would be the best place to ask, as it provides an answer for the masses.

Some of us had a feeling that the APFS75 pension portion stopped upon the 31st March 2022 , and at that point, the rank / years were frozen.

We just need the online calculator to be updated.
 

muttywhitedog

Retired Rock Star 5.5.14
1000+ Posts
4,568
621
113
Is it CPI or CPIH that our pension uplift is based on?

As someone who hits the magic age very soon after 8 years of a fixed amount, its suddenly become quite important!
 
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Cornish_Pikey

Sergeant
604
147
43
Calculator now delayed agin til end of March, with a medium to low confidence on that date- exped further delays.
Calculator now showing inequality across services so being pushed into the long grass perhaps?

Are we in a situation with the new pensions where shinies (and army bods) with fewer ranks to climb through could get a bigger pension by being promoted earlier and therefore have greater career average earnings than RAF techies?
 

StickyFingers

Sergeant
826
110
43
Calculator now showing inequality across services so being pushed into the long grass perhaps?

Are we in a situation with the new pensions where shinies (and army bods) with fewer ranks to climb through could get a bigger pension by being promoted earlier and therefore have greater career average earnings than RAF techies?
That's always been the case though.
 

Asoaf

LAC
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1
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Is there an actual date for this to be sorted? When will those that have already left get the money owed to them?
 

Captain Kirk

Corporal
258
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Sadly I think we'll lose some in those 4.5 years. It'll be interesting if the Fire and Judges pensions are sorted before ours, and if they are then how much quicker.
 
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Calculator now showing inequality across services so being pushed into the long grass perhaps?

Are we in a situation with the new pensions where shinies (and army bods) with fewer ranks to climb through could get a bigger pension by being promoted earlier and therefore have greater career average earnings than RAF techies?
How do the Army have less ranks, with LCpl, Staff Sergeant as well as WO2 typically in the structure as well as all the others that we have? Even with CT, the Army still have more?
 

Spearmint

Ex-Harrier Mafia Member
1000+ Posts
3,436
255
83
How do the Army have less ranks, with LCpl, Staff Sergeant as well as WO2 typically in the structure as well as all the others that we have? Even with CT, the Army still have more?
I thought the army has quicker promotion timescales (so shorter careers) and unless they get to a certain rank at 'X' Point they gracefully exit?
 

Captain Kirk

Corporal
258
78
28
McCloud update 1 Dec 21 on the FPS site.

“Public Sector Pension Schemes have to implement the DCU by October 2023.”

Is the 1st October 2023 the implementation date?

“Eligible members who have already left the Armed Forces with a pension in payment (following normal or medical retirement) and, eligible dependants with a pension in payment in cases where a person has very sadly died, will be contacted after the implementation date and will be provided with details of their election choice. “

To me that reads that in21 months they will start sorting out each member?
For those that are affected it’s worth reading the news articles on the FPS site. The articles are informative, and there are clear examples with explanations and they cover everything! I was a member, to have access to the specialist taylor made answers, but for me personally the time for me to rejoin will now be next October.
Have a look at the site, if you haven’t already, pensions are not easy to fully comprehend!
 

Captain Kirk

Corporal
258
78
28
There has been a discussion on Defence Connect, with people (high up and in the know) letting on that the Oct 23 deadline may well shift right. Nothing to do with the RAF, but the herding of cats (OGDs). 2024 is mentioned, as is the fact that even if that happens any money owed will be backdated.
 
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