If I am selected for redundancy under the current round of redundancies, but have opted to transfer to the AFPS 05, must I return to AFPS 75 to take advantage of the higher redundancy benefits?
Yes. You will need to return to AFPS 75 to take advantage of the higher redundancy benefits, but you will then not be eligible for AFPS 05 benefits. However, redundancy compensation is only one element of the range of benefits offered under the two pension schemes and therefore should not be viewed in isolation, but as part of a total package.
