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: http://www.dailymail.co.uk/news/article-2377260/Army-axes-hero-days-short-pension-Sergeant-wait-hes-60-collecting-package-worth-90-000.html#ixzz2a2XTxzfH
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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
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