How long can you stay in the royal navy?

Ninja_Stoker

War Hero
Moderator
#22
Basically the RN offers a 20 year contract to those prepared to advance themselves. For those expecting employment beyond 20 years, the bottom line is you have to provide the skillset and competency required by the service. Like any employer, not in the charity industry, no-one is going to continue to employ anyone that is not of use to them
 

Dusty70

Lantern Swinger
#24
I had to retire at 40 whether I wanted to or not - at Portland I had the highest number of promotion points amongst all of the PO's (and there must have been hundreds there) but in a small Jack Dusty branch I had to wait for a CPO to leave or die - didn't happen

But, on the bright side, I left young enough to create a very successful career in civvy street - it what you make it at the time

Retire in August
Navy Pension
NHS Pension
Full State Pension

What's not to like :cool:
 

Scran_Bag

Lantern Swinger
#25
I had to retire at 40 whether I wanted to or not - at Portland I had the highest number of promotion points amongst all of the PO's (and there must have been hundreds there) but in a small Jack Dusty branch I had to wait for a CPO to leave or die - didn't happen

But, on the bright side, I left young enough to create a very successful career in civvy street - it what you make it at the time

Retire in August
Navy Pension
NHS Pension
Full State Pension

What's not to like :cool:
The huge amount of Income Tax that you will have to sadly pay :eek:
 
#26
The huge amount of Income Tax that you will have to sadly pay :eek:
Your taxed all your working life, if you do OK and have a good pension you're taxed in retirement and if you really did well, your family gets hit with death duty taxes? Can't sodding win, unless you choose to scrounge of the state all your life and pay no taxes?
 

Dusty70

Lantern Swinger
#27
I know - I am trying to work out how much lump sum I should take to prevent me having to pay 40% - bloody outrageous but probably a problem lots of other people would like but will never have
 

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