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When Robert Jones first opened the site in 1994 he couldn’t have imagined that it would ever attract so many members and so much interest as it has generated. Sadly Robert passed away unexpectedly in 1918. he made us promise we would continue the running of the site in his name and uphold its good name this we promised to do. Colin and I don't have the expert knowledge in running the site but we will prod along as best we can to uphold its name. Post A Message Name: E-Mail: Subject: Message: Optional Link URL: Link Title: Optional Image URL: Post A Message Name: E-Mail: Subject: Message: Optional Link URL: Link Title: Optional Image URL:

Re: DWP

Posted by Brian Marjoram on Thu, May 12 2022 at 09:12 AM CDT:

In Reply to: DWP posted by Dilly on Thu, May 12 2022 at 06:36 AM CDT:

Dilly
The Army pension Scheme when we joined was ‘Contracted out’, contracting out was a system where people who were members of a defined benefit occupational pension scheme could pay a lower rate of National Insurance Contributions. Basically, it meant that you did not pay the element of NI which was destined for the SERPS/Additional State Pension. So all through your service, you and the MOD would have been paying less towards NI than people who were not on defined benefit pension schemes. You were promised a certain amount of pension in place of the additional state pension you were giving up.
You’ll find that the armed forces are not alone on this. Public sector and police pensions are also examples of ‘contracted out’ schemes. The thing is, you would have had no choice about this if you wanted to be part of the pension scheme.



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