Welcome to E-Goat :: The Totally Unofficial Royal Air Force Rumour Network
Join our free community to unlock a range of benefits like:
  • Post and participate in discussions.
  • Send and receive private messages with other members.
  • Respond to polls and surveys.
  • Upload and share content.
  • Gain access to exclusive features and tools.
Join 7.5K others today

12 the new 22?

  • Following weeks of work, the E-GOAT team are delighted to present to you a new look to the forums with plenty of new features. Take a look around and see what you think!
Trending This Week
View More Trending
I may well be out of touch here, but it seems like the youngsters around my place don't want 20/22 year engagements. They seem set purely on 12 and in the mean time they are getting every civvy qual they can.
There's a thread on prune about us reaching terminal velocity on people exiting. I kind of see it where I am, with around 2/3 leaving a month out of over 200. Don't get me wrong it's split 50:50 between engagements ending and ETs.
I won't talk ballox to those that come and chat, if their plan is good and in their interest then someone at Wycombe gets to ding the bell. Even if I challenge them they're already 70% there on their decision. Unhelpful rumours about drastic cuts to allowances (read LSA) are killing the spirit in it's tracks.
Chief Clerk says we're steady state for ETs but it seems to me we've accelerated in the past 3 months. Any other takers on what they're experiencing?
 
Click to expand...
In my job, about once a month i run a specialist course for the RAF, the majority of people who I see all want to bang out by 12, some sooner if they can find gainful employment outside in the work field they want to go into.... I don't think I've seen anyone who wants to go past 12.
 
One of the problems that broke 2 this week was the direct order from the top to make people take leave from the 19th. Neither were expecting that order, expecting grant 22/23rd. Seeing as they were short on the extra days leave they have a decision/order.....draw forward leave from next year or go on guard. Whatever, they are in front of a Wg Cdr next week.
It was a no brainier for them....civvy strasse. It will teach them to look ahead and balance the leave book as per the staneval dream. Their replacements will take 18-24 months to produce. I'm sure I'm seeing the worst of it, but paralysis is going to be next year's saying if this is representative.
 
12 years is enough to get yourself qualified and leave with 30+ years of productive service to offer a potential employer.
Those joining up nowadays will look upon it as a stepping stone to the Civvy Street career opportunities that some of the older members on here constantly refer to.

The pension cuts and increase in state pension age mean that they will have to act sooner rather than later to avoid being stuck in the RAF in their late 40s with little or no hope of getting the well-paid job outside.
 
For some considerable time now, the days of joining the Services as a career have long gone.
Nowadays it's a job.
Maximise your time in that job, take opportunities to get qualifications and plan the exit well.
 
Would you have banged out at 12 if you didn't have that nice pension waiting for you at you 22 year point?

I know I would have, it's the only thing keeping me in and, I bet, the vast majority of my 75 colleagues.
 
I am on the RAF 75 pension and left at 40 after 22. Working for a rubbish global company, and today received my opt/in out pension letter (which they send you every 3 years) I've again opted out as I'm 52 and at age 65, paying 1% and company paying same I will get around £5 pound a week!
It's in the bin now, but from memory, you have to be around 18 years old, on 50k and work till 65 years old to be around the 75 pension pay out.
I see where the gov are coming from, but it is bollo&
If I was a young pup now, my pension would still be in property. 30 years ago endowments were brill? Really?
That raffy pension keeps rolling in, the mattress is fuggin full!
 
Everyone knew that getting rid of the 22 year point AFPS pension point would have a huge impact on retention, very few companies on civi Street invest so much in training so ex forces can snapped up if they get themselves edumacated.

Sent from my SM-T715 using Tapatalk
 
applecruncher said:
Unhelpful rumours about drastic cuts to allowances (read LSA) are killing the spirit in it's tracks.
Click to expand...

A new one on me, what do the rumours say about what and when??


Oh and 12 or less is definitely the new 22, very few seem interested in any longer.
 
I don't see the Airships and bean counters complaining too much about it...

Without knowing all the figures etc.. but I guess it's got to be cheaper in the long run to have an RAF only serving say 12 years (inc all recruitment and training costs) Vs people doing 22+ years and having 'gold plated' pensions for another 30 years after leaving until they shuffle off the mortal coil.
 
Downsizer said:
They still get a pension and Lump sum at 20yrs/age 40 though right?
Click to expand...

Lump sum yes, monthly payout not a full pension but still not to be sniffed at (now known as Early Departure Payment).

As an example if I leave at the 22yr point as a Sgt the pension calculator says I'll get approx £37k lump sum and £6.5k a year EDP. The EDP increases at 55 and state pension age.

I'm relatively happy where I am so will do at least the 22 (10.5 years left). On those figures that will be a decent chunk of a mortgage on our 'dream home' coming in every month.
 
FOMz said:
I don't see the Airships and bean counters complaining too much about it...

Without knowing all the figures etc.. but I guess it's got to be cheaper in the long run to have an RAF only serving say 12 years (inc all recruitment and training costs) Vs people doing 22+ years and having 'gold plated' pensions for another 30 years after leaving until they shuffle off the mortal coil.
Click to expand...

This is the case. In fact its a little bit more nuanced than that with the option to leave altogether after a short time, come back as a reservist with better skilling or part time FTRS, pop in and out as you please as the family needs dictate. Crusties still have a place in the interests of continuity, but a lifetime on the mob across the board is a very unhealthy thing for any organisation.
 
I'm not poo pooing your figures but as a comparison.
My figures are very similar to yours.
22 years, left at age 40, In 2004, 36k lump sum, 6.4k per year paid monthly around £530.
At age 55 there will be an increase. And I was just a Professional CPL.
No increase at state pension age tho.
 
I know I get a bad deal compared to those that have gone before me. That said, I'll still be relatively happy at the 22.
 
AFPS 75/05 are fairly similar if you leave after your 22, mid-ranks and live to around 90 years old.

(75 - Bigger initial payout and bigger yearly pension. 05 - Lower payout and pension, but second payout at 65 and more increases. All balances out.)

From the quick pension calculators I've done on my current career path, if I were joining up today and leaving after 22, it seems that I'd get the same initial lump sum and pension as on 05, but then no second payout and much smaller jumps later on in life.
 
You must log in or register to reply here.
Back
Top