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**Purple_twiglet** · 01-08-12, 07:40

Agreed WD - I think its going to come as a nasty shock, although the reality is that anyone in the public sector is being hammered. My own public sector pension costs have doubled, for significantly less pay out and no lump sum. While I am sympathetic, its worth remembering that the military pension will still be bloody good by comparison to just about anyone else out there, so I dont think much public support will be forthcoming.

**Montigny-La-Palisse** · 01-08-12, 08:00

Originally Posted by Purple_twiglet

Agreed WD - I think its going to come as a nasty shock, although the reality is that anyone in the public sector is being hammered. My own public sector pension costs have doubled, for significantly less pay out and no lump sum. While I am sympathetic, its worth remembering that the military pension will still be bloody good by comparison to just about anyone else out there, so I dont think much public support will be forthcoming.

Completely agree, I would be quick to remind people not to drip too loudly as on closer inspection we are on a very good deal in the Armed Forces. Any public outcry by those serving could backfire magnificently when our package is placed alongside those of the Public Sector who have been far more severely ravaged.

I welcome anyone to drip about their pension down my local, I'll help you gather your teeth after.

**wave_dodger** · 01-08-12, 08:12

Originally Posted by Montigny-La-Palisse

I welcome anyone to drip about their pension down my local, I'll help you gather your teeth after.

I read that as there being people in your local who are upset about their pensions? Which takes me to a comment made on one of the pension roadshows, when I asked a question about the lump sum and immediate pension payments and how that could affect me, my mortgage plans etc one of the presenters responded along the lines of "like the pension was any form of consideration when you joined"....stunned me into silence (an unusual moment) because despite being young I'd actually taken the time to read up about military pensions and headed into the mob with that as a prime consideration. 7Ps and all that.

**frogman007** · 01-08-12, 08:23

I love my pussers pension. It pays like working an extra two days a month but not actually doing the diving!

**Montigny-La-Palisse** · 01-08-12, 08:35

Originally Posted by wave_dodger

I read that as there being people in your local who are upset about their pensions? Which takes me to a comment made on one of the pension roadshows, when I asked a question about the lump sum and immediate pension payments and how that could affect me, my mortgage plans etc one of the presenters responded along the lines of "like the pension was any form of consideration when you joined"....stunned me into silence (an unusual moment) because despite being young I'd actually taken the time to read up about military pensions and headed into the mob with that as a prime consideration. 7Ps and all that.

Call me sensible if you will, (it would be a first) but I too had the pension in mind when I joined and was pleasantly surprised to find it was non-contributory and better than my public sector one.

As much as our pension is being manipulated, it is nowhere near the turmoil and swinging cuts and changes civvies have gone through.

**slim** · 01-08-12, 08:50

When I joined in 1963 I didn't have the slightest interest in a Navy pension, however when I signed on to complete 22 years my interest was paramount.
I have had a pussers pension since 1985 and it has always made a difference to my standard of living.
If the pension carrot had not dangled there is no way that I would have completed 22 years service.

**frogman007** · 01-08-12, 09:17

Originally Posted by Montigny-La-Palisse

Call me sensible if you will, (it would be a first) but I too had the pension in mind when I joined and was pleasantly surprised to find it was non-contributory and better than my public sector one.

As much as our pension is being manipulated, it is nowhere near the turmoil and swinging cuts and changes civvies have gone through.

Fuck em, they never kipped down a 48 man dabbers mess on a Leander aged 16 scared shitless of the stokers mess! Neither did they deal with historic ordnance in a four knot tide ( Non-Contact, Parachute Ground (Land) Mine Type GC | Imperial War Museums ). So once again- fuck em.

**silverfox** · 01-08-12, 09:33

Exactly. I'm sure there are A & E department staff up and down the country lining up to agree that their shift patterns, working conditions and the nature of the clientele on a Friday night make their careers a bed of roses compared to your privations.

**frogman007** · 01-08-12, 09:36

They can fight there own battles if that was a dig ( though I agree with you). Lift the ladder up jack I'm all right.

**Sharkey** · 01-08-12, 09:58

Originally Posted by Purple_twiglet

Agreed WD - I think its going to come as a nasty shock, although the reality is that anyone in the public sector is being hammered. My own public sector pension costs have doubled, for significantly less pay out and no lump sum. While I am sympathetic, its worth remembering that the military pension will still be bloody good by comparison to just about anyone else out there, so I dont think much public support will be forthcoming.

You have to be careful with the “in comparison with other pensions” line, all that means is that some companies are getting away with paying shit pensions and we want to make yours shit as well, the firm I worked for went through this, increase contributions, go to career average rather than final salary, increase age at which it can be drawn, in short pay more work longer get less, but the CEO and his mates still got their millions in bonuses and massive share options.