Service Attributable Pension (SAP) =Armed Forces Attributable Benefits (AFAB) scheme

Discussion in 'Finance & Pensions' started by toofreetoo, Dec 16, 2012.

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  1. Hi peeps,
    I was medically discharged and awarded a SAP in 2010 at 20% degree of disability. Is this pension now known as or fall under the AFAB scheme. I've not received any communication from SPVA notifying me of a change of terminology, not that I would expect any.
    Cheers
     
  2. AFAB was put in place in 2010 to protect the position of someone like you who left with an attributable condition which had its origins prior to 6 April 2005. It doesn't change anything as far as your benefits go.

    The change was needed because the 2004 Finance Act put rules in place that required the attributable benefits to be removed from pension schemes by, I think, 2011. Thus the birth of AFAB to protect the attributable benefits previously contained in AFPS 75.
     

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