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Can you take commutation of pension before 55 if leaving the military after 10.5 years?
Great question! Here's the gov.uk link with the details: www.gov.uk/government/publications/armed-forces-pension-scheme-afps-75-commutation/resettlement-commutation-and-recent-changes-to-factors
A computation factor of ten is dreadful. The public sector is typically 12 and the best schemes are nearer 20.
Yes LGPS are 12
Can you take commutation of pension before 55 if leaving the military after 10.5 years?
Great question! Here's the gov.uk link with the details: www.gov.uk/government/publications/armed-forces-pension-scheme-afps-75-commutation/resettlement-commutation-and-recent-changes-to-factors
A computation factor of ten is dreadful. The public sector is typically 12 and the best schemes are nearer 20.
Yes LGPS are 12