Service to Civvy – are you pension ready?
Well, are you? The thing is, you’d better get ready now. That’s the advice according to MOD’s Veterans UK organisation who have launched a campaign to encourage Service Personnel, Veterans and their families to get ‘Pension Ready’.
The message to get the Armed Forces Community is to start thinking about their Pension throughout their Service career and not just as they are reaching the end of it.
Veterans UK provide several tools for Serving Personnel including; a yearly Pension Benefit Information Statement, one free Pension Forecast per year and the online Armed Forces Pension Scheme Calculator. You are also encouraged to keep your Joint Personnel Administration record up-to-date so when it’s time to apply for your Pension there will be no delays.
It’s also vital for the Veteran’s community to let Veterans UK know about any change of circumstances after they’ve left Service and to remember to apply for their Pension at the right time.
You deserve the Pension you’re entitled to, so make sure you get it. At present veterans are failing to claim £320M in Pensions built up during Service. So the shout goes out:
‘You’ve earned it – you apply for it – we’ll pay it!’
Whether you’re a new recruit, or a Serviceman or woman starting to think about the road ahead to Civvy Street, or a Veteran with a Preserved Pension, it’s never too early to start thinking about your pension.
Mark Lancaster TD VR MP, Minister for Defence Veterans, Reserves and Personnel, said:
“I am delighted to endorse the Veterans UK ‘Service to Civvy – Are you Pension Ready?’ campaign. Our servicemen and women make enormous sacrifices to protect our country and we need to do all that we can to ensure that they receive their Armed Forces Pension. We want to help them to help themselves become ‘Pension Ready’.”
Rob Rowntree, Head of Veterans UK, said:
“I am delighted to be able to help launch ‘Service to Civvy – Are you Pension Ready?’. At Veterans UK we strive to deliver the best service we can to all our customers and we hope this Campaign will help serving personnel, veterans and their families better understand the services we offer, especially the Armed Forces Pension Schemes.”