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  • FIRST POST
    • Bucharestred
    • By Bucharestred 25th Sep 16, 8:33 AM
    • 7Posts
    • 1Thanks
    Bucharestred
    Armes Forces Pension calculator
    • #1
    • 25th Sep 16, 8:33 AM
    Armes Forces Pension calculator 25th Sep 16 at 8:33 AM
    Hi,

    Can anyone tell me if there is such a thing as an Armes Forces Pension calculator that people who have already left the service can use to estimate approximatley what level of pension they may be entitled to ?

    Many thanks
Page 1
    • martinbuckley
    • By martinbuckley 25th Sep 16, 9:45 PM
    • 707 Posts
    • 698 Thanks
    martinbuckley
    • #2
    • 25th Sep 16, 9:45 PM
    • #2
    • 25th Sep 16, 9:45 PM
    A 5-second google gave this result:


    http://www.mod-pc.co.uk/
    • Bucharestred
    • By Bucharestred 26th Sep 16, 6:51 AM
    • 7 Posts
    • 1 Thanks
    Bucharestred
    • #3
    • 26th Sep 16, 6:51 AM
    • #3
    • 26th Sep 16, 6:51 AM
    Thanks Martin, I had already tried that. Unfortunately that calculator can only be used by serving personel.
    • molerat
    • By molerat 26th Sep 16, 1:10 PM
    • 17,478 Posts
    • 11,705 Thanks
    molerat
    • #4
    • 26th Sep 16, 1:10 PM
    • #4
    • 26th Sep 16, 1:10 PM
    The problem is that AFPS75 works on a "representative pay" for the rank and bears no resemblance to actual pay, a low pay grade gets the same pension as a high pay grade for the same rank and length of service. Glasgow should be able to give you a current value which can be projected forward using CPI.
    Last edited by molerat; 26-09-2016 at 1:13 PM.
    www.helpforheroes.org.uk/donations.html
    • Bucharestred
    • By Bucharestred 26th Sep 16, 1:31 PM
    • 7 Posts
    • 1 Thanks
    Bucharestred
    • #5
    • 26th Sep 16, 1:31 PM
    • #5
    • 26th Sep 16, 1:31 PM
    Thanks Molerat,
    I've sent a registered letter to Glasgow with all my details and am waiting to hear back from them.
    As I understand the rules I will not be entitled to receive my pension until age 60, (I am now 57). So hopefully I will have it all sorted out by then.
    • Trying to be good
    • By Trying to be good 29th Sep 16, 1:59 PM
    • 1,900 Posts
    • 2,408 Thanks
    Trying to be good
    • #6
    • 29th Sep 16, 1:59 PM
    • #6
    • 29th Sep 16, 1:59 PM
    I think you're entitled to one (free) forecast each year, they may be able to request that for you from a phone call.
    Mortgage Free in Three T4; target to clear (or offset) mortgage by 25 Jan 19
    £73,000 for a target Mortgage balance of £NOTHING
    £61,000 of a £20,000 target Cash ISAs
    £10,000 of a £6,000 target Savings
    • Bucharestred
    • By Bucharestred 29th Sep 16, 6:24 PM
    • 7 Posts
    • 1 Thanks
    Bucharestred
    • #7
    • 29th Sep 16, 6:24 PM
    • #7
    • 29th Sep 16, 6:24 PM
    Thanks Woohoo ... I sent them a letter last week.

    Do you happen to know how long it normally takes for the Veterans UK people to respond to an annuity request ?
    • jblessing
    • By jblessing 29th Sep 16, 7:18 PM
    • 134 Posts
    • 94 Thanks
    jblessing
    • #8
    • 29th Sep 16, 7:18 PM
    • #8
    • 29th Sep 16, 7:18 PM
    I think mine took a couple of weeks. Don't forget, when you get close to 60 you have to request your pension, it doesn't get paid automatically. And, being the MOD, of course it has to be on the correct form.
    • Upwind
    • By Upwind 27th Apr 17, 10:20 AM
    • 154 Posts
    • 58 Thanks
    Upwind
    • #9
    • 27th Apr 17, 10:20 AM
    • #9
    • 27th Apr 17, 10:20 AM
    For info: just contacted Glasgow for a forecast - details are here.

    https://www.raf.mod.uk/community/financial/pay-allowances-pensions/current-pension-rates/

    You'll need your NI number or Pension papers in front of you - but took less than 2 minutes and is being sent out to my home address within 10 days
    • tappet rattle
    • By tappet rattle 5th Oct 17, 3:48 PM
    • 83 Posts
    • 19 Thanks
    tappet rattle
    i hope this may be of some use to veterans


    https://www.gov.uk/government/organisations/veterans-uk
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