Army pension
Nov 5th 2008 | 2:34 am
#31
Joined: Apr 2005
Posts: 9,606
Re: Army pension
Yes.
http://www.mod.uk/NR/rdonlyres/37968...0/7AFPS_05.pdf
The above is to do with the new AFPS05 which will pay you a tax free lump sum depending on the Level (tier) of severity.
For the old farts like me on AFPS75 it it's Non-Attributable Invaliding you will get an immediate pension & tax free lump sum @ 3x the yearly pension which depends on time served.
Attributable Invaliding you could recieve a tax free lump sum and tax free pension but to cut a long story short these will be in result of investigation and assessments of % disability by the Veterans Agency.
All pensions are index linked
http://www.mod.uk/NR/rdonlyres/37968...0/7AFPS_05.pdf
The above is to do with the new AFPS05 which will pay you a tax free lump sum depending on the Level (tier) of severity.
For the old farts like me on AFPS75 it it's Non-Attributable Invaliding you will get an immediate pension & tax free lump sum @ 3x the yearly pension which depends on time served.
Attributable Invaliding you could recieve a tax free lump sum and tax free pension but to cut a long story short these will be in result of investigation and assessments of % disability by the Veterans Agency.
All pensions are index linked
Nov 5th 2008 | 10:03 am
#32
Just Joined
Joined: Sep 2008
Posts: 24
Re: Army pension
Thankyou for all the help, I'm going to contact the Canadian tax office direct and the Canadian Veterens agency and see what they say as well.
I'll let you know if I get anything back
I'll let you know if I get anything back
Nov 5th 2008 | 10:47 am
#33
Lost in BE Cyberspace
Joined: Aug 2005
Posts: 13,402
From: South of Calgary
