This month saw the introduction of flexible service for serving personnel.
Flexible service allows serving personnel to work part time and/or to restrict their separation from their home base. Both can affect your pension entitlement. Three points to note:
- The May issue of Pennant will include an article on Flexible Service, explaining the implications. Look out for it.
- The on-line Armed Forces Pensions Calculator is being updated and from Summer 19 it will allow personnel to enter periods of Flexible Service (dates and type – whether Part Time or Restricted Separation), enabling them to obtain a pension forecast that takes FS into account. However, those groups of personnel that are currently not covered by the AF Pensions Calculator will still not be covered following this update.
- Meanwhile personnel may submit Pension Form 12 to obtain a manually generated Pension forecast showing the effects on their pension of a variety of hypothetical Flexible Service arrangements. The Pension Form 12 is available at this link