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Backdated Army Pension Entitlement

edited 30 November -1 at 1:00AM in UK Armed Forces MoneySaving
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MinniesboyMinniesboy Forumite
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edited 30 November -1 at 1:00AM in UK Armed Forces MoneySaving
Purely by chance I happened to see a post on another website that any ex military who got commissioned before completing 22 years as a soldier then resigned their commission before completing 5 further years may be entitled to an increase in military pension.

I enquired with Veterans UK and have just been told that I will be getting over £20,000 in backdated pension plus another amount in a lump sum which is totally unexpected. I wonder how many others are in the same position but are not aware?

However, and without wishing to appear to be ungrateful, with my other pensions this will take me above the £40,000 income level for the year so some of this will be taxed at 40% even though it relates to pension which I should have been receiving since 1995!! Doesn't seem fair??

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  • DoxDox Forumite
    2.9K posts
    1,000 Posts Second Anniversary Name Dropper
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    Purely by chance I happened to see a post on another website that any ex military who got commissioned before completing 22 years as a soldier then resigned their commission before completing 5 further years may be entitled to an increase in military pension.

    I enquired with Veterans UK and have just been told that I will be getting over £20,000 in backdated pension plus another amount in a lump sum which is totally unexpected. I wonder how many others are in the same position but are not aware?

    However, and without wishing to appear to be ungrateful, with my other pensions this will take me above the £40,000 income level for the year so some of this will be taxed at 40% even though it relates to pension which I should have been receiving since 1995!! Doesn't seem fair??
    You say you 'should' have been receiving it. Can you clarify why you weren't i.e. was it a mistake on the part of the pension scheme, or was there a requirement that you had to 'claim' it in some way?
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