The pension needs of serving and retired members of the Forces and their families are as great today as they ever were in the year history of FPS, and over the last few years Armed Forces pensions have become increasingly complex.
Once there was a single scheme; now there are four mainstream schemes and although all but one are closed to new joiners, most of those with service before 2015 will have at least two separate pension entitlements, potentially paying out different sums at different times. Getting a satisfactory explanation of entitlements is difficult, and although MOD provides a number of tools to help (such as the on line calculator) these have limitations and do not talk back, which is why service personnel are joining the Society in increasing numbers. We do not make decisions for individuals; but we do arm them with the facts so that they can make informed decisions for themselves.
To get a feel for what we do, we deliver unit group briefings across all three services in the UK and overseas. They describe our work and its value to serving and retired members of the Armed Forces and their dependants.
This year to date have
- briefed 4547 Service personnel
- booked in 177 Roadshow events (73 completed to date)
- booked 104 future events, this includes: 50 courses; 8 CTP’s; 3 Fairs; 4 Defence Medical Group; 3 Overseas; 27 Bases & Units