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Forum: Military Aviation

28th Apr 2024, 12:51

Replies: 51

Pension Benefits Information Statement?

Views: 6,510

Posted By BEagle

In my case, it's perhaps because my deferred...

In my case, it's perhaps because my deferred state pension (66% higher than the basic pension) has increased by a surprising 9.6% for 2024? Although I think that HMRC might have over-assessed me? ...

Forum: Military Aviation

27th Apr 2024, 12:22

Replies: 51

Pension Benefits Information Statement?

Views: 6,510

Posted By BEagle

Indeed! Due to my income tax deduction having...

Indeed! Due to my income tax deduction having gone up by 22%, so that it is now 23.7% of my monthly payments, rather than the 20.5% hitherto, my actual net service pension increase for 2024 is only...

Forum: Military Aviation

26th Apr 2024, 17:20

Replies: 51

Pension Benefits Information Statement?

Views: 6,510

Posted By BEagle

On your 'Advice of Payment' from Equiniti, you...

On your 'Advice of Payment' from Equiniti, you will see something like:
'GMP amount increased from 06/04/2004 - new rate of pension £nn,nnn.nn a year'
'Pension of £nn,nnn a year less GMP of...

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