New clause 2 - Re-employment of armed forces
Armed Forces (Pensions and Compensation) Bill
2:30 pm
Mr Julian Brazier (Canterbury, Conservative)
Before my hon. Friend moves on, it is perhaps worth underlining the fact that the current pension scheme in its entirety is ring-fenced and protected. Indeed, people will have the option of remaining in it rather than entering the new scheme. However, the Government seem to be suggesting that the early departure scheme, far from being a fixed entitlement that people will accrue during their service, will be subject to changes to meet manning and no doubt budgetary requirements.