Readers’ Questions: NHS and Armed forces pension questions answered

Reader's Question 1

Are the NHS pensioners having an increase this year?

Reader's Question 2

I did not get an increase in my NHS pension last year am I going to get one this year?

My response to both questions:

Yes you should. The NHS pension increases, given each April, are based on the increase in inflation during the 12months up to the preceeding September. In previous years the inflation measure used was the more generous Retail Price Index (RPI). But ' In June 2010 the Government announced that it will link annual pension increases to the rise in the Consumer Prices Index (CPI) from 1 April 2011. This will be calculated based on the rise of the CPI in the 12 months till the end of the previous September. The increase payable in April 2011 will therefore be 3.1%. Please note that you may receive a lower percentage if your pension started on or after 27 April 2010.''

Reader's Question 3

I was in the RAF 1956-1968, do they owe me a small pension?

My Response:

From my understanding you may well be entitled to some sort of pension given that the Armed Forces pension scheme is considered non-contributory (the state pays the cost of the scheme, no direct contributions towards basic benefits are made, however the individual’s pay award is reduced to reflect the value of the pension relative to other comparable schemes)

Your best bet is to contact the pension administrators and ask them the question directly. Their contact details are:

RAF Personnel

RAF Pensions

Pay, Pension and Personnel Administration

Armed Forces Personnel Administration Agency

Building 250, RAF Innsworth

Gloucester, GL3 1EZ

Tel: 01452 712612

Good luck and best wishes


Damo

The material in this email, the Money to the Masses website, associated pages / channels / accounts and any other correspondence are for general information only and do not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation. See full Terms & Conditions and Privacy Policy.

Image: Danilo Rizzuti / FreeDigitalPhotos.net

Share

Exit mobile version