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McCloud date 1 October

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https://www.mod-pc.co.uk/ - looks like new pension calc has gone live early :)

My IP is £500 higher, but my lump sum and Final pension is lower - ?

Decision may not be as straight forward to go back to the 75......................

Doesn't take into account the pay rise either :(
 
As expected an absolute no-brainer for me to take as much of the 15 element as I can get. £6,000 more lump sum, £4,500 more at SPA and only £185 a year less until SPA (14 years).
 
4everAD said:
As expected an absolute no-brainer for me to take as much of the 15 element as I can get. £6,000 more lump sum, £4,500 more at SPA and only £185 a year less until SPA (14 years).
Click to expand...

Interesting, I just had a play around and tweaked my dates....only left in May, and it suggests I'd be much better off on 75 and less 15...
 
Both figures are similar for me. I don't understand the aged 55 CPI thing. Heard of that with the 75 scheme but does that affect the 05, and even 15 also?
 
I've done the calc, shame they haven't updated the pay to show the latest pay rises however i'm much better off staying on the new scheme 05/15, just awaiting on the increase in Trade Pay rumored to be anywhere between 100-300% increase and the FRI that is due to hit the streets for Aircraft Techies next month, based on the last one its going to be at least 25K for 3 years return of service, that would take me nicely over 55 by a couple of months for rockstar pension on leaving.
 
Dan_Brown said:
https://www.mod-pc.co.uk/ - looks like new pension calc has gone live early :)

My IP is £500 higher, but my lump sum and Final pension is lower - ?

Decision may not be as straight forward to go back to the 75......................

Doesn't take into account the pay rise either :(
Click to expand...
If you join the Forces Pension Society the pensions team will take a look and explain what the figures mean, and how the pension will work.
 
ady eflog said:
I've done the calc, shame they haven't updated the pay to show the latest pay rises however i'm much better off staying on the new scheme 05/15, just awaiting on the increase in Trade Pay rumored to be anywhere between 100-300% increase and the FRI that is due to hit the streets for Aircraft Techies next month, based on the last one its going to be at least 25K for 3 years return of service, that would take me nicely over 55 by a couple of months for rockstar pension on leaving.
Click to expand...

Increase in Trade pay? Are you referring to DERR?
 
ady eflog said:
I've done the calc, shame they haven't updated the pay to show the latest pay rises however i'm much better off staying on the new scheme 05/15, just awaiting on the increase in Trade Pay rumored to be anywhere between 100-300% increase and the FRI that is due to hit the streets for Aircraft Techies next month, based on the last one its going to be at least 25K for 3 years return of service, that would take me nicely over 55 by a couple of months for rockstar pension on leaving.
Click to expand...
Let's just hope they have thought it through and offer the retention payment to people in the 'middle ground' who are naturally still on the shop floor and provide fleet availability - they are the ones who are currently the most motivated to leave the mob where I am working.

If it's just 35+ year Chiefs and FS's who are already in resettlement already with one eye on the door that get offered, then I suspect that based on last time, they will just accept it and sit back with an extra 3 years of comfort blanket - while the middle ground see promotion stagnate (with no FRI) to keep them in.

Trust me, where I am working we are hemorrhaging the very demographic of pers (those between 8-22 years service) that we need to retain - those on the shop floor, with relevant skills and attitude to today's service. Giving FRI to those close to the very max of service just so they can build another man shed is pointless - it's a retention scheme to secure the future, not a reward scheme.
 
SausageFingers said:
Let's just hope they have thought it through and offer the retention payment to people in the 'middle ground' who are naturally still on the shop floor and provide fleet availability - they are the ones who are currently the most motivated to leave the mob where I am working.

If it's just 35+ year Chiefs and FS's who are already in resettlement already with one eye on the door that get offered, then I suspect that based on last time, they will just accept it and sit back with an extra 3 years of comfort blanket - while the middle ground see promotion stagnate (with no FRI) to keep them in.

Trust me, where I am working we are hemorrhaging the very demographic of pers (those between 8-22 years service) that we need to retain - those on the shop floor, with relevant skills and attitude to today's service. Giving FRI to those close to the very max of service just so they can build another man shed is pointless - it's a retention scheme to secure the future, not a reward scheme.
Click to expand...

35+ year chiefs? Don't know where you are working, but around here its...

  • 4-5 years Cpl
  • 9-10 years Sgt
  • 14-15 year Chf
 
ERT said:
There has just been a chat about this in the crew room, some of the guys are not happy. The main crux of it was that Techie Trades feel that are being undervalued for pay, as others catch up. One of them threw this scenario up, they're kinda right, however taking away from others isn't the answer either.. the standard "Bash another trade" standard crew room delight..

TG1 (Mech) gets paid less than a MT Driver (the example given), and they don't think that Trade Pay makes the difference up.

Scenario - TG1 (Mech) SNCO and a Logs (Driver) SNCO both get promoted.
  • TG1 (Mech) becomes a Chief Tech (OR7-1 - Supp 3), joins the new rank on £48,477.
  • Logs (Driver) becomes a Flt Sgt (OR8-1 - Supp 1), joins the new rank on £48,819.
£342 difference in pay towards the Flt Sgt, Logs (Driver) gets paid more than a Techie, hence the addition for DERR Trade Pay to restore the balance.

If you take it back to Pay 2016 - link
  • TG1 (Mech) becomes a Chief Tech, joins on £40,305.
  • Logs (Driver) becomes a Flt Sgt, joins on £40,596.
£291 difference back in 2016...

The gap between the two without DERR has increased towards the Flt Sgt. DERR Trade Pay has been eroded with the recent pay rises. To restore the balance, DERR Trade Pay needs to increase to restore the harmony. If they get a pay rise each year without it following, the advantage of being a techie reduces.

They're never happy..
Click to expand...
FS and CT paid the same other than supp levels (OR7). Am I missing something here?

I would agree that DERR/trade pay no longer bridges the gap. Apparently it’s in review at the moment.
 
ERT said:
35+ year chiefs? Don't know where you are working, but around here its...

  • 4-5 years Cpl
  • 9-10 years Sgt
  • 14-15 year Chf
Click to expand...

And it shows. At least on the dark blue side when looking in from the long arm or procurement, fixated on satisfying all of the DLODs.
 
unruly1986 said:
FS and CT paid the same other than supp levels (OR7). Am I missing something here?

I would agree that DERR/trade pay no longer bridges the gap. Apparently it’s in review at the moment.
Click to expand...

Yeah, that's what I thought also... As I said, crew room gossip. I don't get involved. I'll edit the post to prevent confusion.
 
From DCAS and CAS they are aiming it at seniors, Chf Tech exit rate is 10.4% for mechs and 19.2% for arm so what do you want to do promote all the Sgt's? There is no point taking your FS as its not financially worth it. I'll take your free cash to stay and build a bigger man shed.
 
Last edited:
ady eflog said:
From DCAS and CAS they are aiming it at seniors, Chf Tech exit rate is 29% currently so what do you want to do promote all the Sgt's? There is no point taking your FS as its not financially worth it. I'll take your free cash to stay and build a bigger man shed.
Click to expand...

Pay rise Sgt - FS is a joke (never take your FS unless you are going for WO!) but the pension is a nice bump.
 
Cornish_Pikey said:
That was the advice I was given, FS is a proper shitty rank that needs to be got out of the way before getting to WO. Hastened my exit once I'd got to top level Chief.
Click to expand...
Agreed. Doing the exact same job as a Flt Lt on my team, yet those up on high always look at my rank before deciding whether to listen. Lack of barcode rank = not taken seriously (despite being a SME). Two years to push…

Pay rise is better than nothing but the job satisfaction was greater as a Sgt.
 
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