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Armed Forces Pension Scheme 1975 - GOV.UK

Armed Forces Pension Scheme 1975 Your Pension Scheme ExplainedJuly 2020 Armed Forces Pension Scheme 19752 Contents1. Introduction 3 2. Membership 4 3. What your Pension Scheme provides 6 4. Ill-Health Benefits 10 5. Resettlement Grant 11 6. Dependant s Benefits 12 7. Divorce and Dissolution 16 8. Increasing your Benefits 17 9. Transferring your Benefits 19 10. Re-Employment 20 11. Pension Forecasts 21 12. Opting Out 22 13. Dispute and Complaints Resolution 23 14. Further Information 25 Appendix I Time Limits 26 Appendix II Technical Terms 27 Armed Forces Pension Scheme 197531. IntroductionThe Armed Forces Pension schemes are designed to reflect the unique nature of Service life, to provide a retirement income for you and your dependants, and to incentivise retention in Service as a key part of your overall remuneration package.

Armed Forces Pension Scheme 1975 6 3. What your Pension Scheme provides How is your pension calculated? For the vast majority, AFPS 75 is calculated on your final rank and length of reckonable service (the actual years and days that count towards your pension). Members of …

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