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When will i get my pension ?

edited 30 November -1 at 1:00AM in UK Armed Forces MoneySaving
16 replies 31.2K views
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  • Cat695Cat695 Forumite
    3.6K posts
    Barneysmom wrote: »
    Can I ask what pension my husband is likely to get, and when he can claim it?
    He left the army in December 200, with 18 years service (he was staff sergeant when he left?)
    He had £7,000 given him when he left..
    He's nearly 44 now.

    grand old age of 60 is when he will get it....so a few years yet

    however i couldn't tell you what he will get.
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • BarneysmomBarneysmom Forumite
    10.1K posts
    Part of the Furniture 1,000 Posts Combo Breaker
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    Thanks Cat695 xx
  • Barneysmom wrote: »
    Can I ask what pension my husband is likely to get, and when he can claim it?
    He left the army in December 200, with 18 years service (he was staff sergeant when he left?)
    He had £7,000 given him when he left..
    He's nearly 44 now.

    Indeed it is 60 when he will receive his pension.

    He will get 32% ish of a staffy annual income in 16 years time ie. aged 60. And it will be 18/22 of that.

    eg. If a staffy final annual salary is say £40.000 the annual pension will be 32% X 40,000 = 12,800 per annum. Now your hubby will get 18/22 of that which is 12,800/22= £581.00 x 18= 10.472.

    So if i am correct he would get £10.472 annual pension and also plus 3 X 10.472 = £31,418 as a lump sum as well.

    Use this link now to see what a staffy's pension would be today, and use it in 16 years time for an exact calculation. http://83.138.137.164:8080/

    Hoped this has helped.
  • I was medically discharged in 2006 after 18 years service in the RAF. I left as a Cpl and receive a medical pension, for which I'm grateful, despite the pain I constantly live with!!

    I'm now getting conflicting information as to whether I will receive a military pension at age 60. Some say yes but I'll have to apply for it and some say no. Does anyone have any definitive answers?

    Not being greedy, but as the MOD failed to treat my injuries for 5 years (it took the American military to discover the truth) then failed to offer any rehab after my NHS op, I'd like to get what I can.
    If I'm not going to get a pension, I won't be devastated, so don't worry about posting bad news!!!:confused:
  • lee634lee634 Forumite
    1K posts
    Hodgy

    You will get your pension just like anybody else,
    as you know as you didn't complete your service you will have to wait until you are 60,

    Forget any mention of the new AFPS 05 as you will have been opn the AFPS75 so 60 it is
  • Cheers Lee. Knew I'd been on AFPS75 as I refused to sign on to AFPS05. Good to know I'll get a few bob more. Only 23 years to go!!!
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