2 years in rank for pension?

[mrsribs]

I have done my 22, SNCO and I am in the old 75 pension scheme and ready to demob. Now my crown has appeared on the horizon and somewhat destabalised me. I have done the facts & figures and the pension and lump sum are larger than I thought. Given my circumstances this has given me plenty to think about.

I always thought that you had to do two years in rank to qualify for that ranks pension, however it has been suggested to me that, that is no longer the case. Providing you complete AMLC you get a percentage of pension according to time in rank.

Could somebody clarify this as unfortunately my present location for the next few weeks limits me access to the right people.

Many thanks.

 

[metimmee]

I have done my 22, SNCO and I am in the old 75 pension scheme and ready to demob. Now my crown has appeared on the horizon and somewhat destabalised me. I have done the facts & figures and the pension and lump sum are larger than I thought. Given my circumstances this has given me plenty to think about.

I always thought that you had to do two years in rank to qualify for that ranks pension, however it has been suggested to me that, that is no longer the case. Providing you complete AMLC you get a percentage of pension according to time in rank.

Could somebody clarify this as unfortunately my present location for the next few weeks limits me access to the right people.

Many thanks.

I cant give you a definitive, but I looked into this before the terms of tranche 1 were announced. I was worried that if I was made redundant, I might not make the 2 years. I am pretty certain I confirmed that under AFPS75 you need to have held the rank for 2 years.

Page 6 of this link, implies that as an OR you don't need to be substantive for the 2 years to qualify.

 

[Soon To Leave]

You get 1/24th of the difference in pension for each month in your new rank

 

[mrsribs]

I take it that is after you have passed the AMLC then that the 1/24th takes effect?

 

[True Blue Jack]

You need to do 2 years in rank for the full pension to take effect. Anything less than 2 years and it is worked out on a pro rata system, more or less.

But if you were planning to leave, you must have been planning to leave on a sgt's pension. Why should things change suddenly now pronotion is an option?

 

[Realist78]

You need to do 2 years in rank for the full pension to take effect. Anything less than 2 years and it is worked out on a pro rata system, more or less.

But if you were planning to leave, you must have been planning to leave on a sgt's pension. Why should things change suddenly now pronotion is an option?

Erm, more cash? That's if 2 years Service could be coped with.

 

[Zeebad]

Complete AMLC and the pension is back dated from date of promotion and it is calculated on a daily basis, eg 500/(2x365), if not being able to hack the 2 years. Think of it this way, is the difference worth the effort; the reward is for the rest of your life, timing is critical and every situation effects people and their families in a different way. Best thing is, you have a choice.

 

[mrsribs]

Zeebad,

Thanks, yes weighing up the options, you hit it spot on. I have family to think about and will that extra 200 a month come in handy when I am 80 and sitting in a bar in Bangkok.

Choices, choices.

 

[CC]

Actually, you don't need to have completed your CMT (AMLC, etc) as long as you were on JPA in the Acting Paid Rank.

I knew one Sgt who, after 4 years, never completed her IMLC but left with a Sgt pension.

Daft thing is, all her discharge documentation was in her substantive rank of Cpl.

 

[Fat2at]

Actually, you don't need to have completed your CMT (AMLC, etc) as long as you were on JPA in the Acting Paid Rank.

I knew one Sgt who, after 4 years, never completed her IMLC but left with a Sgt pension.

Daft thing is, all her discharge documentation was in her substantive rank of Cpl.

Well she shouldn't have - she wasn't a Sgt. And as for her paperwork... she was a substantive Cpl acting as a Sgt - nothing daft about that.

 

[OpsChick]

2 years in rank for pension?

I was in exactly the same position as mrsribs. After weighing up all the options I deceided to stay on for the 2yrs and get my FS pension. Info from the Forces Pension Socitey was that after 1yr in rank (wether acting or substansive) you get 50% of the FS pension then 1/365th for every day after up to your 2yr point.

 

[Martin Blank]

Actually, you don't need to have completed your CMT (AMLC, etc) as long as you were on JPA in the Acting Paid Rank.

I knew one Sgt who, after 4 years, never completed her IMLC but left with a Sgt pension.

Daft thing is, all her discharge documentation was in her substantive rank of Cpl.

Interesting a work mate of mine was forced to complete both TMT and IMLC before being allowed out with a Sgt's pension and another who'd been acting paid for over 2 years left as a Cpl with a Cpls pension.

 

[Mickwreay]

I was in exactly the same position as mrsribs. After weighing up all the options I deceided to stay on for the 2yrs and get my FS pension. Info from the Forces Pension Socitey was that after 1yr in rank (wether acting or substansive) you get 50% of the FS pension then 1/365th for every day after up to your 2yr point.

That's what I did, but as I was a CT there was no need to be brain washed again
Think I did 21 months in rank, left after completing just short of 25 years & get around £840 per month in my paw as I took the bundle of cash.

 

[BillyBunter]

I dont think its going to matter much after 2014 as the pension changes mean you not going to pick anything up till age 55 irrespective of terms only if people are offered promotion/terms of service they will have to accept pension changes that is certain.

 

[Soon To Leave]

... and pensions will be based on average salary earned rather than final salary so the increase in pension based on 2 years in your final rank will be minimal.

 

[Soon To Leave]

... and age 55 might go up to age 60 (for time spent on new pension)

 

[True Blue Jack]

... and age 55 might go up to age 60 (for time spent on new pension)

"Might" is the operative word here, the truth is nobody yet knows what will happen because the decisions have not yet been made. I suspect a lot of what changes will be just smoke and mirrors, for example the difference between "pension" and "early departure payments" on AFPS05.

 

[CC]

Well she shouldn't have - she wasn't a Sgt. And as for her paperwork... she was a substantive Cpl acting as a Sgt - nothing daft about that.

What? She was a Sgt, had been promoted, but was then medically downgraded to such an extent that she couldn't complete her IMLC. Consequently, after 2 yrs acting paid, she was entitled to a Sgts pension.

 

[CC]

Interesting a work mate of mine was forced to complete both TMT and IMLC before being allowed out with a Sgt's pension and another who'd been acting paid for over 2 years left as a Cpl with a Cpls pension.

Hmmm, who forced them to complete their CMT before getting a Sgt's pension?

The problem here is the confusion between acting ranks.

If you get promoted you become, in this example, A/Sgt Paid, and until you complete your CMT you will always be on JPA as substantive Cpl but Acting Paid Sgt.

If you do two or more years in this acting rank then you will get the pension of a Sgt.

However, what people get confused with is when they get local acting rank and local subs pay, which has no effect on your pension at all.

However, just to further confuse things, if you get a period of Special Paid Acting (SPA), say for an OOA, authorised by Manning, then the time spent in SPA rank actually counts towards the 2 yrs needed to qualify for the higher rank pension.

Simples DT_Xtremez_42:

 

[Realist78]

... and pensions will be based on average salary earned rather than final salary so the increase in pension based on 2 years in your final rank will be minimal.

Is this quoted or just another rumour?