child care vouchers & pension

Discussion in 'Finance & Pensions' started by Jakasphuk, Jan 21, 2015.

Welcome to the Navy Net aka Rum Ration

The UK's largest and busiest UNofficial RN website.

The heart of the site is the forum area, including:

  1. Evening shippers,

    Im currently looking at putting my little one into nursery and thinking of using the voucher scheme, however i have heard that this will affect my pension, upo dont seem to know the answer and I'm wondering if any of you could give me a definite answer from experience or knowledge you may have.
    Thanks in advance.
  2. Your pensionable pay is your basic pay plus X Factor before tax and deductions (for AFPS 05 and 15) and pensions in AFPS 75 are based on pension codes. This means that you can do 'salary sacrifice' and be secure in the knowledge that your pension will not take a hit.
  3. Thanks for that, i did find a website late last night that also said the same, shame i never found it before posting this, really appreciate the reply tho.

Share This Page