Dear Reader: Google no longer supports Feedburner RSS! To receive feeds / email alerts of new posts, please register below, right.

Thursday, July 25, 2013

Outrageous attack on soldiers' pensions

A soldier will miss out on almost £175,000 after his job was axed by defence bosses just 72 hours before he qualified for a full service pension.

Sergeant Michael Anderson, 35, was within three days of claiming a lifetime pension deal worth £261,278 for 18 years’ service.

He will now have to wait until he is 60 before receiving a package worth less than £90,000.

The case has fuelled suspicions that the Army, which is shedding 20,000 personnel in a cost-cutting exercise, is targeting those within touching distance of generous lifetime payments.

Read more:

Follow us: @MailOnline on Twitter | DailyMail on Facebook

By contrast...

There are separate arrangements for the pensions for the three great offices of state - the Prime Minister, Speaker of the House of Commons and Lord Chancellor. Under current legislation, they are entitled to a pension of half their final office-holder’s salary on leaving office, regardless of length of service.

House of Commons Standard Note SN 04586: "Pensions of Ministers and senior office holders" - last updated 27 March 2013

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy.


Paddington said...

Beyond disgusting, and right in line with US practices of the past few decades.

A K Haart said...

"The case has fuelled suspicions..."

Almost certain I'd say. These things are bound to be costed beforehand.