Navy Net - Royal Navy Community

This is a sample guest message. 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!

Yet another age 55 question

Steve10

Newbie
Hi All.
I joined in 79, did 2 years boys time and left in 2006, (I got a 5 year extension but only did 3 so 25 years official).
I left as a P.O. (transfered from RM to RN, points from AB to PO was approx 12000 in our branch!).
I did not commute so I'm aware I will hardly get an increase but be nice to know what if any it will be.
I get approx 850 per month, slightly concerned as I've seen posts from other PO's who get more...
 

vauxhall

Lantern Swinger
Depends when in 2006 you left. If it was in the first couple of weeks of April the rise is just over 31.5%. If you left towards the end of the year is about 30%. If you tell me the exact date you left, I can tell you the exact percentage rise.
 

Steve10

Newbie
Cheers for helping, I left after my 43rd birthday in May 2006 giving me a total of 25 years, (from 18).
 

vauxhall

Lantern Swinger
If you left between 1 and 24 May 06 multiply your pension by 1.3113022

If you left from 25 to end of May 06 multiply by 1.307494
 

Steve10

Newbie
That's great, used that figure and multiplied it with my gross amount and it worked out to an extra 250 a month after tax, (using the 11500 threshold).
Cheers for your help.
 
Thread starter Similar threads Forum Replies Date
J Yet another Commonwealth Applicant Joining Up - Royal Navy Recruiting 1
WannabeAdmiral Yet another AIB experience Joining Up - Royal Navy Recruiting 56
woody28 Psychometric- yet another thread Joining Up - Royal Navy Recruiting 2
GreedoTheFerret Yet another clearance diver thread... Sorry Joining Up - Royal Navy Recruiting 7
P Yet another submariner memoir due out in June Submariners 6
trelawney126 Yet another tax proposal by Lib Dems Current Affairs 1
P Yet another twist in the story of the Queen Elizabeth/Prince of Wales carriers Current Affairs 37
UncleAlbert Yet Another Question Submariners 11
A Yet another Air Traffic Control conversation Nautical Jokes 0
X.R.D Yet another call to arms Charity 64
oscar_the_grouch Yet another Noob Submariners 33
F Yet another...PJFT Joining Up - Royal Navy Recruiting 4
T Yet another Minister....... Current Affairs 3
S Yet another newbie :-) Joining Up - Royal Navy Recruiting 12
W Yet another vetting question! Joining Up - Royal Navy Recruiting 2
creddly LOL Yet another set-back! Joining Up - Royal Navy Recruiting 11
MoD_RSS M4 upgrade team shares insight on most complex work yet as project hits halfway MoD News 0
vauxhall Over 75 and not yet dipped into your Pension Pot? Finance & Pensions 0
MoD_RSS Speech: We haven’t won fight against Daesh yet MoD News 0
MoD_RSS Press release: HS2 completes biggest demolition challenge yet at site of new Old Oak Common tunnel crossover box MoD News 0
MoD_RSS Press release: Most detailed picture yet of changing climate launched MoD News 0
U Passed running test first week of September - not heard anything back yet Joining the Royal Navy 5
fishhead Yet more Sad News.(It gets worse) Land Ops 5
A I'm back from my PRNC - Here's a few tips for anyone yet to do it! Joining Up - Royal Navy Recruiting 50
77DEEPS77 Anyone Passed their interview for the 2014 intake yet? RFA 157
Handler Freddies Starr arrested yet again!! Current Affairs 2
trelawney126 Yet more foreign aid Current Affairs 5
soleil Halesowen News: "Annual Paul McCann Memorial Cricket Match Set To Be Biggest Yet" Submariners 0
soleil Mail: "Can You Tell What It Is Yet? HMS Queen Elizabeth Starts To Take Shape" The Fleet 6
MoD_RSS NATO mission not over yet in Libya Current Affairs 0
T HMS Caroline may yet be saved Current Affairs 0
trelawney126 Dogs die in Police Van (Yet again) Current Affairs 23
N Ex-, Serving, and yet to be? The Quarterdeck 26
soleil Pompey News: Still Time To Save RN As Cuts Yet To Be Agreed Current Affairs 0
soleil BBC: "Naked Rambler (Ex-RM) receives longest sentence yet" The Corps 18
stan_the_man montigny is he pregnant yet Diamond Lil's 32
T Yet more political "innocent mistakes". Current Affairs 1
sussex2 Yet she survived.. Diamond Lil's 2
I Am I in yet? Joining Up - Royal Navy Recruiting 5
ex_rubberdagger Yet more bone questions Joining Up - Royal Navy Recruiting 183
Cpt_Black There's hope for all the old sea dogs yet... Diamond Lil's 2
L Warfare Spec......Not got Raliegh date yet??? Joining Up - Royal Navy Recruiting 10
tissac_1991 not got raleigh date yet ; Seaman Specialist Joining Up - Royal Navy Recruiting 18
D It's not even Hallo'een yet... The Gash Barge 1
Rum-dooer Help!............yet more medical worries Health & Fitness 14
T There's hope yet for Sgtpepperband! Diamond Lil's 2
N Have you got your £1000000 from the Ivory Coast Yet The Gash Barge 6
NotmeChief Doherty let off yet again. Current Affairs 3
W Yet more questions. Joining Up - Royal Navy Recruiting 6
W Yet more question but from before! Submariners 8
Similar threads


















































Latest Threads

New Posts

Top