Afps form 2 2025

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AFPS Form 1 Armed Forces Pension Schemes Application Form.
If you die after your pension has come into payment, they will receive an immediate pension paid for life and a tax-free lump sum. The immediate pension is the same as your deferred pension, and they will receive 62.5% of this amount.
Your spouse or civil partner will also receive a life-time pension equal to 62.5% of the value of your pension pot at the time of your death. If youve already started to draw your pension, your spouse or civil partner will receive 62.5% of your pension, alongside a lump sum equal to five years of your pension.
The Armed Forces Pension Scheme is an occupational pension scheme open to most members of the armed forces. This briefing explains the legislative background to the schemes, the benefits for each pension scheme and covers current issues such as the McCloud remedy.
Submitting an AFPS Form 2, nominating the partner as the recipient of any lump sums due from the pension scheme in the event of the members death, provides clear evidence of the members intention to make longer-term financial provision for the partner.
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AFPS Form 16 - Armed Forces Pension Scheme Opt In Out Form. Page 1.
Your pension scheme There are 3 main armed forces pension schemes. These are: the Armed Forces Pension Scheme 2015 ( AFPS 15 ) the Armed Forces Pension Scheme 2005 ( AFPS 05 )
At age 55 the income is increased to 75% of the value of the preserved pension and CPI increases are applied. The EDP income continues until age 65. Because the pension and EDP come from separate schemes and individual is permitted to draw his pension early and have it paid at the same time as his EDP.

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