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THE ARMED FORCES COMPENSATION SCHEME (AFCS)

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Medical Discharge

Hi all, I was medically discharged under AFPS 15 on February 17th at a Tier 1 discharge. I was wondering if there is any information as to how long the medical lump sum payout normally takes to be...

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Are AF pensions at risk from the current crisis?

Maybe @vauxhall knows something about if our pensions are at risk from the current governments desire to cripple the country! Do AF pension dabble in the Gilts side of the financial mire which are at...

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AFPS 75 - Death before retirement age benefits?

Hello, My father was in the RAF but figured you guys may be able to help. He did 14 years and left in early 00's and his pension was on the AFPS75 scheme. He passed last year December at the age of 55...

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Pension percentage cap

Hi , am navy pensioner , left after 24 yrs in 1990 , will next years pension 2023 uplift follow , rpi , cpi or will it be capped ? Cheers

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Should I extend?

Hello all. I have just been offered a second extension which would take me past 55 years old. Is there any down side to an immediate pension. I’m thinking it’s a no brainer, but is there something I...

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National Insurance Contributions

Does the FPS provide advise on topping up missed NICs to boost the State Pension?

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Acronym

Normally my pension is paid monthly by "Pgo Tax000...." this other org has shown up "Mrmo Navy Monthly" does anyone know who they are?

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Medical Discharge Tier 1/2

Good evening gents, I have been informed I'll be heading to MBOS in the near future. I've worked out that tier one would be around a £40k payout, but they have said it could be a tier 2 if the...

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Medical Downgrade, can my husband be demoted?

My husband was recently promoted to corporal, however he is "acting" until he could complete his course. He's recently had an injury that means he has been downgraded and can no longer attend the...

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FTRS and EDP

Hi, I have just started a FTRS job after a 3 year break. I have just received a letter from Veterans UK with my expected pay. new pay as a FTRS (LC) plus abated pension AFPS 75 and AFPS 15 EDP, all...

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Unknown payment

This may have already been asked by somebody but i cant find the answer.. I have received a payment from MRM2 Navy.. I have not had before?? I have just turned 60 and received my MOD pension but this...

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Completing AFP 1 for Pensions

Hi experts, finally making the leap after 40 odd years and getting around to completing the AFP 1. Part K goes on about getting a protection certificate from HMRC and if I haven't got one I should get...

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Tax code SBR when living in England.

Hey Team, I have just re-joined as FTRS (HC) after 27 Years service. My Pension is abated. My Tax code is SBR (Scottish tax Rate and all of my income is taxed), my question is I live in England but I...

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Petition for no break in Triple lock pension promise

This may be old news and the PM has already stated he will protect it? Protect the pension triple lock! Sign the urgent petition actions.eko.org

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Will my Pension increase automatically.

I was made redundant in 1996 and have been in receipt of AF pension since then. I'm coming up to 55 and was wondering if I have to apply for my pension to be index linked? Also does the indexing begin...

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Cost of living.

Received a letter today from DHSS to say Winter fuel allowance for 2022 will be £500 not £200 , extra £300 for cost of living. Credit of £66 to my energy supplier account and for a further 5 months ,...

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Subsistence for working from home.

Evening all, it’s been some years since I last posted on navy-net, which was for advice when a member of my family joined up. He’s been in the navy now for almost five years and has done well as an...

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The Deprived Pensioners Association

Some of you may have friends or relatives who worked for companies that had their pension schemes transferred to the Pension Protection Fund. There are 5100 pension schemes administered by the PPF...

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McCloud Remedy - lump sum excessive tax

Good morning I have tax issues regarding the McClod Remedy: My issue, briefly, is: a. Left RN after 32 years - 2012 b. Re-joined on full time FTRS 2016-2019 (within 5 years) c. Volunteered to have my...

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