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British Armed Forces AFPS 75 Pension
HMForces.co.uk
You need to have at least two years’ reckonable military service before you are entitled to receive pension benefits and they are based on final rank and reckonable service.
If you are below 1 star level (Commodore, Brigadier, Air Commodore) your pension is based on the representative rates of pay for your rank at the time of your retirement.
There are always a lot of options with pensions as there are so many different variables around length of service and retirement age. Some of the options are listed below.
Full Career (Maximum) Pension
The Full Career Pension is index linked (increased to take into consideration the total rise in the cost of living) from the date of your retirement and also consists of a one-off terminal grant of three times your annual pension. It is payable to personnel who retire at the age of 55 with either 34 years reckonable for services for officers or 37 years for other ranks.
Immediate Pension (IP)
This is for personnel who have served a minimum of 16 years service from the age of 21 (or date of entry if later) for officers, or 22 years from the age of 18 (or date of entry if later) for other ranks.
You receive an annual pension that is fixed until you reach 55 when it is index linked to ensure it is then always linked with the total cost of living. You also receive a one-off terminal grant of three times your annual pension that is usually tax free.
Preserved Pension
If you leave the Armed Forces before you can claim an Immediate Pension you can either accept a preserved pension and terminal grant that will normally be paid from the age of 60 (for service prior to 6 April 2006) or 65 (for service after 6 April 2006), or you can choose to transfer the pension rights to a different pension plan.
If you have become permanently unable to work full time due to ill-health you may be eligible to claim your annual pension and pension lump early.
For queries regarding AFPS 75 contact your unit admin office otherwsie you can contact the Service Personnel and Veterans Agency (SPVA). The address is:
Mail Point 480
Kentigern House
65 Brown Street
Glasgow
G2 8EX
Phone: 0800 085 3600
Military: 94560 3600
Email: JPAC@afpaa.mod.uk
How Do I Claim My Forces Pension?
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xland
about 8 hours ago
8 comments
@Ashington1- does this help?
http://webarchive.nationalarchives.gov.uk/20100812134836/http://83.138.137.164:8080/
xland
about 8 hours ago
8 comments
Doesnt seem much point in asking questions here, its only got questions and no answers whatsoever!
Ashington1
about 8 hours ago
2 comments
How can I find out how much my pension is worth?
TankmanRE
10 days ago
2 comments
Hi just had a conversation with another vet - he thinks that our military pensions will stop been paid when we reach the age of 65, I personal dont think that he is right, can any one enlighten us.
Cheers all
kennygee59
17 days ago
2 comments
Hi Ganina ..yes u r entitled to a naval lump sum
preserved pension and a preserved pension grant. tax free.. lump sum
current value over 12 yrs service.. preserved pension 3,426 pounds n 98p as of march 11th 2011
also preserved terminal grant of aprox 10,280pounds n 94p
ask for form AFPS 75
HAVE TO SEND FOR THE APPLICATION 3mths before ur 60th birthday ..
regards Kenny
brimacdav
19 days ago
2 comments
Hi, I served 6 years from 69 to 75 can someone tell me if i can get a pension
supersniper
about 1 month ago
2 comments
Why is it that SPVA never seem to answer my emails requesting info on AFPS 75 !!?.....It's been three months and three emails.
invincible1
about 1 month ago
2 comments
i served in the Army from March 1958 to July 1967. Can anybody tell me how I go about claiming a pension, please?
andrewsmith4697
about 1 month ago
4 comments
I have just received confirmation from the SPVA that I will receive my full pension at 55. I was made redundant in 1994 after serving 17 years.
dreddall
about 1 month ago
2 comments
i took voluntary redundancy in 1994, after serving 13 plus years. i received a lump sum and a monthly pension. When does my monthly pension go up, is it when i'm aged 55 years or 65 years? Also am i entitled to another lump sum.
Thanks for your help.
infantry
about 1 month ago
2 comments
Hi... I took redundancy in 1993, I received a lump sum and also commuted part of my pension, I completed 13 years service.. I have been receiving a monthly pension since then of £105.00... I havent really looked into the pension side of things and now I am interested to know an approx monthly amount I may receive when I am 55 years old or will it be when I am 60 years old ??(born in 1962), am I correct in assuming that it has been indexed linked since 1993, also will there be another lump sum payment when I am 55 or 60 years old..I would appreciate any information or help on this subject.. Like I said, not really thought about all this pension stuff, just been getting on with my life.. Thank you in advance.... Mark..
ganina
3 months ago
2 comments
hi can anybody tell me if i am entitled to a pension after 12 years from 1969 to1981.
andrewm1
3 months ago
2 comments
hello, i joined the army as an apprentice in 1974 and was made redundant in 1993, is my pension due at 55 or 60?
Tony123
3 months ago
2 comments
Just wondered, I served in the TA for 4 years 1960 -1964 finished up a Sgt. Does the Forces Pensions also take into account any TA service?
dannyj009
3 months ago
2 comments
Hi I served from Jan 1972 to June 1980 i believe i have 8 years and 6 months pensionable service army number 24350009 L/Cpl; on discharge.Daniel Shiels Johnston. I suffer from ill health diabetes, heart disorder(~angina) have had heart surgery and also suffer from c.o.a.d. and extensive osteo arthiritis in the spine. I am unable to work and was wondering if it would be possible to recieve any benefits or my army pension early. I am 55 yrs old.