Public Sector Pension Ruling and the Armed Forces

[Captain Kirk]

CK: "herding of cats (OGDs)"??? Meaning?? Cheers...RJL!

The herding of cats bit- OGD, other government departments going slower than the MOD. They all have to reach the final strike at the same time.
Defence Connect is a bad thing, as Officers and aircrew are getting more analysis than their equivalent.

 

[Rugby-Jock-Lad]

Cheers CK!

 

[montheton]

Couldn't they release the calculator with the caveat that it is only reliable for service personnel with an average career.

 

[Rugby-Jock-Lad]

Couldn't they release the calculator with the caveat that it is only reliable for service personnel with an average career.

That would be FAR too easy :- D!!!

 

[Tin basher]

Couldn't they release the calculator with the caveat that it is only reliable for service personnel with an average career.

Not a meridian career or a mean career just a simple average. The staffing levels needed and time required to deferentiate and define the average from other metrics of measure OMG!!

 

[opsgeek]

Resurrection time…….just had a news letter through stating there is another consultation needed for veterans pension decision. Thought we already had this? Getting stupid now, false promises after false promises for calculators and resolution dates. Can’t see them making the dates stated this year either!

 

[Captain Kirk]

Read the article on the FPS site, if you’re on about the 12 week consultation period. It’s the second and final one.
It’s part of the process and won’t affect anything, date wise.
If you are expecting a line in the sand date it’s already there, it’s worst case October 2023+18 months. It’s written in law now, and is generous for the MOD.
Remember, it covers the country’s judges, so it will happen by that date.

 

[Defenestration]

Documents here if you fancy a read

 

[Dan_Brown]

The AFPS 2015 Remedy Consultation and Armed Forces Pension Calculator - Forces Pension Society

An update from the Ministry of Defence...

forcespensionsociety.org

“The MOD is planning to release a calculator in August 2023 to provide active members an illustration of their pension entitlement and the impact the remedy may have on their benefits. This is still subject to policy being finalised."

 

[Dan_Brown]

They've updated the pension calculator to the new Apr 23 pay scales, there's also some other calculations been added as it gives a bigger boost than i was expecting.

Don't get too excited! Because the new scales hadn't been added to the previous calculator, i selected a higher pay scale to reflect what we are on after the pay rise. Now the rise has been added to the calculator, i ran it with my correct pay scale and the figures have come back at around an extra £4k on the lump sum and £1k per year on the pensions for me.