Hand in notice or PVR?

Fidanzav6

Hi. My situation at he moment is that i'm 6 monts away from completing 22 years service (plus a year and a bit for the queen :mad: ). I am currently signed on for LOS 30 but have decided enough is enough. What is the difference between handing in a PVR or handing in notice apart from the obvious 12 mth PVR time and 18 mth notice time? Are there any benefits/pitfalls from taking either route?

I assume that I can today do both and still qualify for an immediate pension as I will still be serving as I pass the 22 year point?

Thanks

EmmaWD

If you are an NCO (i.e. not a comissioned officer), you become eligible for your pension after 22 yrs service (only service after the age of 18 counts), so yes, you would be eligible for your pension if you left, so long as it was after your 22 years service point.

Your notice period should be 12 months though, not 18, unless you are time barred for some reason (courses etc)?

Fidanzav6

Thanks for that, pretty much as I thought it was. However the point I was trying to make was this:

I'm currently on a notice engagement i.e I can hand in my 18 months notice anytime I feel like it. As i'm approaching my 22 year point, I now also have the option to PVR i.e get out in 12 mths time. I'm trying to establish if there is any difference between the two methods I have available to me apart from the obvious 6 mths difference in waiting time. Any benefits/drawbacks from either method?
Cheers

CHR15

I've never heard of that mechanism.

To my knowledge, PVR is an option for new entrance trainees to leave if they find they dont like it.

For everyone else, it is 12 Months notice.

What Service are you serving in? not the RN thats for sure.

johng_uk

I can only speak from an RAF perspective.

To my knowledge, PVR is an option for new entrance trainees to leave if they find they dont like it.

For everyone else, it is 12 Months notice.

PVR (premature Voluntary Release) is as it says, a way to leave the services early. It is available to all, and not just newcomers.

The PVR times differ from trade to trade. I think they are published in the Chief Clerk's bulletin (or somewhere similar). You can call your trade group 'desk' and enquire as to the PVR times now, with the open door policy!

ray_bcumbria

Hi,
Whichever method you use to apply for release make sure you ask for a date after 6 April. New pension rate will be effective from that date.:j

Alias_Omega

if your in the RAF, check chief clerks bulletin for PVR waiting times, they vary from trade to trade.

can be found from the high wycombe website..

Cat695

just be sure that you are completing the 22 years!!! if you go on JPA it will tell you that date.....if you did awhile for the queen then that will get added on....so if you did 6 months inside then you will complete 22 years and 6 months!!! be very careful of this....otherwise there is no downfalls as one of our lads got out earlier than he should of (he also was on LOS) just make sure your 22 years is complete to get your pension!!! NO ONE WILL TELL YOU!!!

Fidanzav6

CHR15 wrote: »

I've never heard of that mechanism.

To my knowledge, PVR is an option for new entrance trainees to leave if they find they dont like it.

For everyone else, it is 12 Months notice.

What Service are you serving in? not the RN thats for sure.

No not RN but RAF.

PVR is an option to everyone as you are applying to leave before completing your contracted time. As I am on a notice engagement I can also use this method to leave but it takes 18 mths as opposed to the 12 mths through PVR (as per my trade).

I am merely trying to establish if there are any benefits/drawbacks to either method? For example reduced resettlement benefits, eligibility for posting etc

Cheers

Good point re 6th Apr from the OP there:T

BigStu78

The only difference in resettlement is that you get an extra week after 22 years than you would at 12 or 15 years. Not sure if any of you know but as of 1st October the resettlement grant is increasing from £534 pound to just over £1000.

reddoggybag

As far as I am aware (I work in RAF Resettlement) the only difference between PVR and notice is that if you hand notice in you get terminal leave which you do not if you PVR, your resettlement entitlement stays exactly the same 35 days after 16 years service and £534 IRTC. The previous statement about this increasing from Oct has not yet been confirmed. You will also have your Enhanced Learning Credits that can be used for training as long as you registered and as long as the course is level 3 and the training provider is registered. I would suggest that you go and speak to your local resettlement officer for advice as there is a excellent service available to you.