FEATURES Armed Forces PensionSchemes
What are YOUentitled to? AFPS75 AFPS05 AFPS15
Years’ service required AND
Reachminimum age of
YOURECEIVE Tax-free lump sum
Monthly income for life
16 (Officer) 22 (OR)
37 (Officer) 40 (OR)
Served prior to 1Apr 15?
You may have pension benefits under two schemes knownasAccrued Rights; either AFPS 75/15 or AFPS 05/15. To receive both schemes’ immediate benefits, your total years’ service and age on leaving must meet the criteria above for both schemes. Thebenefits for both schemes will be based on your rank and salary on leaving.
It is important to note if aSgt on AFPS 75/15 completed 22 years’ service they would qualify for a proportion of both AFPS 75 and AFPS 15 immediate benefits. If they left after 20 years’ service they would only qualify for AFPS 15 immediate
benefits.Asthey have not completed 22 years’ service they wouldreceive their AFPS 75 benefits at deferred pension age. See 2012DIN-01-063 for further information and examples.
Resettlement Grant
If you have not qualifiedfor theimmediate monthly income for life outlinedabove Years’ service required
9(Officer) 12 (OR)
YOURECEIVE Tax-free lump sum
YOU RECEIVE Deferred Pension at age Deferred Pension
If you have completed 2years’ continuousserviceand have not qualifiedfor the immediate monthly income for life outlined above
60 (service
before 6Apr 06) 65 (service after 6Apr 06)
Pension Forecasts Forecastingtools are at:
https://www.gov.uk/armed-forces-pension-calculator
Pension Calculator Profile different career scenarios
Manual Pension Forecast All service personnel are entitled to onefree written pension forecast per 12 month period Further information is available at
grablife.moneyforce.org.uk
Disclaimer: The information outlined cannotcover everypersonal circumstance. It does not confer anycontractual or statutoryrights andisprovided for information purposes
only.Inthe event of anydispute over pension benefits, the appropriate legislation will prevail.
raf-ff.org.uk Winter 2017 Envoy 19 65
State Pension Age
12 12 18 40 20 40
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60
