Veterans Pension rise

R.C.T.Man.



Joined: 27/03/2009
Posts: 746

Message Posted:
17/02/2011 09:27

Good Morning.

Has anyone heard yet if we are getting a Pension rise this year & if so how much.

judyr


Joined: 07/07/2009
Posts: 956

Message Posted:
17/02/2011 09:35

If yours is usualy linked to a Government pension for then yes, the rise will be 3.2% and there is also a generous rise in the personal tax allowance to £7475.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
17/02/2011 10:33

it's based on 2010 September inflation rate, that's why the government are trying to get the rate down by Sept 2011

R.C.T.Man.



Joined: 27/03/2009
Posts: 746

Message Posted:
17/02/2011 10:43

Sorry folks i was talking about Military Veterans Pension.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
17/02/2011 12:05

R.C.T.Man, I've a feeling that your pension is calculated in the same way that teacher's pensions are calculated, e.g. did you have a pay freeze in April 2010?

Bufferington


Joined: 09/09/2010
Posts: 119

Message Posted:
17/02/2011 12:11

Armed Forces Pensions up by 3.1% in April

NCMan



Joined: 19/09/2009
Posts: 670

Message Posted:
17/02/2011 14:02

Ref Msg 5,

Yes we did.

R.C.T.Man.



Joined: 27/03/2009
Posts: 746

Message Posted:
17/02/2011 14:04

Thanks NC. Man, you answered the question for me.

R.C.T.Man.



Joined: 27/03/2009
Posts: 746

Message Posted:
21/02/2011 09:44

Ref Msg 6 ,



Where did you receive this info ? !!!

japeal



Joined: 12/09/2008
Posts: 1052

Message Posted:
21/02/2011 10:35

Cannot find anything re forces pension increase, but link below shows 3.1% inc on normal pensions



http://www.direct.gov.uk/en/Nl1/Newsroom/DG_193032

Bufferington


Joined: 09/09/2010
Posts: 119

Message Posted:
21/02/2011 10:47

I phoned PAYMASTER who handles my pension. They said 3.1%

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
21/02/2011 10:58

RCTMan - Re Message 9



Armed Forces pensions will increase by 3.1% on 11 April 2011 in common with other public sector pensions.



The following is an extract from page 7 of parliamentry briefing paper:



http://www.parliament.uk/briefingpapers/commons/lib/research/briefings/snbt-05434.pdf



"The Chief Secretary to the Treasury (Danny Alexander):

Legislation governing public service pensions requires them to be increased annually by the same percentage as additional pensions (state earnings-related pension and state second pension). Public service pensions will therefore be increased from 11 April 2011 by 3.1% in line with the annual increase in the consumer prices index up to September 2010, except for those public service pensions which have been in payment for less than a year, which will receive a pro rata increase."



Can't moan about 3.1% can we



Paul

R.C.T.Man.



Joined: 27/03/2009
Posts: 746

Message Posted:
21/02/2011 11:28

Thank you all very much for your comments, Paul wow that was wicked thanks.