Navy Net - Royal Navy Community

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Incorrect Pension payments and Veterans Agency having none of it !!

BigD1980

Lantern Swinger
After all this pension debacale i decided to have a quick check of my forecast and payments recieved.

To my shock and I've no idea how i missed such an error it would seem my pension calculation is a tad wrong and they are paying me a pension which is below my years of reckonable service.

Now i was on both the AFPS 75 and 15 pension schemes and as i was medically discharged was also entitled to a Tier 1 Lump sum payment from the 15 pension which i also believe is wrong.

So i send a letter to DBS pension division with all my concerns stating why i thought my pension calculations might be a little off I even sent them a copy of the relevant regulations in the legislations for each Scheme and asked if they could have a look and re calculate or if they believe it to be correct to send me the exact calculation used to work out my pension.

I recieved a reply simply stating your pension is correct nothing else no expanation nothing.

Anyway was just wondering if any of you guys had any similar dealings or have any views on this matter all would be greatly appreiciated.

Cheers
 

vauxhall

Lantern Swinger
Write to them and ask them to set out their workings. You can then compare them to yours. If you are a member of the Forces Pension Society email their workings to [email protected] and the Team will check them for you.
 

BigD1980

Lantern Swinger
I have wrote to them with all my findings and asked for their workings out. To get a one line response letter saying "your pension is correct" basically do one chopper.
 

vauxhall

Lantern Swinger
Make it formal - complain that you have not been treated properly because you asked for their workings and they failed to give them!
 

BigD1980

Lantern Swinger
I've now made it formal and raised the issues to the 1st Stage of the pension complaint process. To be looked at by OF4 level officer or above. So just play the waiting game now.
 

BigD1980

Lantern Swinger
Recieved another letter not linked to my complaint but another attempt at an explanation They believe my TIER 1 lump sum payment was calculated correct and it was over the the Max 2 year FPE so my payment was rounded down to equal 2 years FPE. HaHa I wish i recieved that amount
 
Thread starter Similar threads Forum Replies Date
MoD_RSS AAIB Report: Airbus A320-214 departure from incorrect runway intersection. MoD News 0
AfterSSE Politically Incorrect Miscellaneous 4
w.anchor What every politically incorrect household should have Diamond Lil's 68
Tas-ape Poilitically Incorrect PMC The Gash Barge 3
H Get yer 'at ( politically incorrect) The Fleet 21
MoD_RSS Pension costs review for Northern Ireland Water MoD News 0
MoD_RSS Simple statements boost for pension planning MoD News 0
MoD_RSS Landmark pension proposals will protect savers from scams and help tackle climate change MoD News 0
MoD_RSS Pension boost protected by new bill MoD News 0
MoD_RSS Government launches cross-sector Working Group to help address multiple small pension pots MoD News 0
MoD_RSS Government to help pension schemes seize long-term opportunities MoD News 0
MoD_RSS Taking action on climate risk: Improving governance and reporting by occupational pension schemes MoD News 0
MoD_RSS Britain’s pension schemes lead on climate risk MoD News 0
MoD_RSS New Chair of Firefighters’ Pension Scheme Advisory Board of England appointed MoD News 0
K AFPS 75 - preserved pension rates Finance & Pensions 2
MoD_RSS Landmark Pension Schemes Bill proceeds to House of Commons MoD News 0
MoD_RSS Canada Pension Plan MoD News 0
MoD_RSS GAD's support on pension entitlements for fee-paid judges MoD News 0
MoD_RSS Pension Credit claimants now able to apply online MoD News 0
MoD_RSS GAD project helps 1,000+ pension scheme members MoD News 0
MoD_RSS Pension investment advisor banned MoD News 0
A OR2 full career pension rates 1998 Finance & Pensions 8
B Commute my pension or not? Finance & Pensions 4
MoD_RSS GAD pension specialists share expertise at industry conference MoD News 0
theoldti FTRS effect of pay rise on pension abatement Finance & Pensions 4
MoD_RSS GAD’s review of the Local Government Pension Scheme (Scotland) MoD News 0
MoD_RSS Statement from the Secretary of State on the Clinician Pension Tax Scheme MoD News 0
vauxhall How good is your pension? Finance & Pensions 0
MoD_RSS Russell Agius reappointed to the Judicial Pension Board MoD News 0
E Added pension Finance & Pensions 5
MoD_RSS Changes to the currency of UK State Pension and Industrial Injuries Disablement Benefit paid into Yemeni bank accounts MoD News 0
J Collection Pension From Overseas Finance & Pensions 2
vauxhall Pension Roadshow Schedule 7-11 October Finance & Pensions 0
B Pension for reservist 1 year operational service Finance & Pensions 1
MoD_RSS Multi-million-pound pension liberation bosses banned for 34 years MoD News 0
MoD_RSS Pension entitlements for fee-paid judges MoD News 0
vauxhall Keeping an eye on your pension! Finance & Pensions 0
MoD_RSS Non-Executive Chair to the Civil Service Pension Board: 5 September 2019 MoD News 0
MoD_RSS Pension company wound-up after mismanaging £14m of funds MoD News 0
MoD_RSS Uprating guarantee for UK State Pension recipients living in EU MoD News 0
vauxhall Telegraph Reports on Pension Tax Trap Finance & Pensions 0
vauxhall Pension Tax Update Finance & Pensions 0
vauxhall Forces Pension Society Appoints New Chief of Staff Finance & Pensions 0
vauxhall BBC reports that 'woman wins rights to her late partner's military pension Finance & Pensions 0
Sumo 'Unlawful' pension schemes to cost government £4bn a year Finance & Pensions 3
MoD_RSS Pension scheme negligence lands insurance boss seven-year ban MoD News 0
Archstoker Forces pension and age pension Finance & Pensions 6
vauxhall AFPS 15 and Added Pension Finance & Pensions 0
vauxhall Flexible Service - How does it affect your Armed Forces Pension? Finance & Pensions 0
MoD_RSS News story: Review of the Local Government Pension Scheme Northern Ireland actuarial valuation MoD News 0
Similar threads


















































Latest Threads

Top