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AFPS 15 is whats called a career average revalued earnings scheme (CARE), which is a form of defined benefit pension scheme offered by employers.
They would also qualify for an AFPS 15 EDP based on 2 years AFPS 15 membership, and a deferred AFPS 15 pension.
51-75 increase.
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AFPS 15 (Armed Forces Pension Scheme 2015) The new Armed Forces Pension Scheme was introduced on 1 April 2015.
There is also a tax-free lump sum of three times annual pension.
The percentage of pension credit must remain within the same AFPS - 75 scheme so the ex-spouse will eventually receive a AFPS - 75 pension of their own.
&183; Old Age Pension Rate Information.
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AFPS 75 Armed Forces Pension.
afps 15 added pension.
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