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What are the pension entitlements?

April 26, 2017entitlements Pension

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What are the pension entitlements?

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Under the Public Service Superannuation (Miscellaneous Provisions) Act 2004, a new pension scheme will apply to military personnel who are enlisted or commissioned in the PDF on or after 1 April 2004. The New scheme will provide for a minimum pension age of 50 and that maximum benefits will accrue over 30 years. This means that pensions and gratuities will not ordinarily be payable immediately on discharge/retirement except in the case of personnel who serve to age 50 years.