Hi Sam, been watching a few of your video's. I was serving up until last year and also retired after 25 years. The one thing to note that you may not be aware of is that HMRC will use your pension to off-set the yearly tax allowance of £12570, however they will also class it as a second job which means your tax code will change and once you get a job you will be paying quite a bit more than you may be used to before.
@MilitaryFitness8 ай бұрын
I get my pension into my British account but I am currently in the states and have my wages go into an American account. So I should be ok shouldn’t I?
@The_Unintelligent_Speculator10 ай бұрын
Thanks for the insight. I start this process next year 🙌. Can’t wait.
@MilitaryFitness10 ай бұрын
Best of luck
@becky35054 ай бұрын
Holy shit balls, stumbled across this video. Nice to see you. Will be doing the same although mine is ill health one. Bit of a quagmire. My dealings with equinity are morons. Didn’t even know what CPI was 🤦🏻
@MilitaryFitness4 ай бұрын
Will you get a full pension? How long do you have left
@becky35054 ай бұрын
I got medically discharged may last year. I receive EDP and ill health pension. At 30% of final salary (31 march 2015)
@MilitaryFitness4 ай бұрын
@@becky3505 what are you doing now?
@malmaris2746 Жыл бұрын
Great career🙏mine is just starting I just got 12.1 on my bleep at Glencorse
@MilitaryFitness Жыл бұрын
That’s great news, I wish you all the best for the future
@butters127311 ай бұрын
Cheers, brother!! Thank you for serving! - 🇺🇸 AF Veteran
@MilitaryFitness11 ай бұрын
You too man 🫡
@UKnotSafeUnderStarmer5 ай бұрын
Good on you I also stayed on the 75 and opinion 1,even though 05 was available.
@voltagek-ui4cl Жыл бұрын
Hi, Sam! Congrats 🎉 on your retirement, it's pretty fascinating how you served for more than two decades! I have been watching your videos regularly and following em, also benefitted from your videos immensely. As, someone who served in the British army for long period of time. I want some advises and to ask some questions, if you don't mind. - Me personally, I did alot of research on joining the British army as a commonwealth member. I intially thought, to go for as a private. But, thought for a while and decided to join as an officer instead of private as I meet the requirements to become officer such as two a- levels and GCSE from A* to C in Science, Maths, English or Foreign Language and other requirements aswell. Whats your advise for me to become an officer personally? -Is the" lived in Uk for 5 years" requirement still applicable for Commonwealth officers or was it scrapped out for both commonwealth Privates and Officers in 2018? -Does the British Army select or accept commonwealth privates and officers in particular month or season? Or is it all way year around? -If I apply now, how long it might take to review or accept my application? -I watched one of your videos in which you said that British army is currently recruiting commonwealth members in the infantry only not other branches, so it okay if I apply to become an infantry officer? What do you suggest? My apologies for so many questions! I just want clarity, since joining an army would be a very big step in my life and would decide my career and future. Regards,
@MilitaryFitness Жыл бұрын
The application process is taking a long time at present. If possible I would go for Officer and see how you get on.
@Hand2HandCombat9 ай бұрын
be cool if you did a breackdown what a Wo1 down would recieve monthly etc with and without lump sum think it be useful to lots
@MilitaryFitness7 ай бұрын
It would have too many “what ifs”
@alanshorts314811 ай бұрын
Info is wrong, from the 1st of October 23 the army has 18 months to notify you of your new pension choices, this is known as your immediate choice, from the date you receive the letter you then have 12 months to make your decision if you want revert back to AFPS 75 or stay on APPS 15. I know what I’m doing 🇬🇧
@MilitaryFitness11 ай бұрын
Literally exactly what I said
@alanshorts314811 ай бұрын
@@MilitaryFitness you said it changes automatically, it doesn’t you need to make your immediate choice in order for it to change. I’m not slating your video need more content like this just pointing this out
@MilitaryFitness11 ай бұрын
@@alanshorts3148 on the armed forces vets site it explains that you essentially auto revert back unless you choose to stay on the 15 pension.
@alanshorts314811 ай бұрын
@@MilitaryFitness yes after one year if you do not select immediate within the year you will revert back, don’t know why your getting arsey with me it was you that said that from October 1 2023 you will revert straight back which is wrong, your video mate not mine
@MilitaryFitness11 ай бұрын
@@alanshorts3148 and you will get the back pay. You auto revert back unless you opt to stay on the new one. Yes it may take a year but essentially you auto revert back
@TROZJAN9 ай бұрын
I did 6 1/2 yr after been out 18 yr I sent away see if those 6 1/2 was worth anything as it’s been lying for 18 yr pot is worth £62,000 £9000 lump sum when hit 60 with £2700/yr pretty garbage just hope it still grows every yr as got another 18 before I can collect
@MilitaryFitness9 ай бұрын
Well it’s better than nothing 🫡
@UKnotSafeUnderStarmer5 ай бұрын
Shouldn't really grumble, that's quite good, a wee bonus at 60 and a top up on top of your state pension too. Don't forget you'll get an inflation increasement every year along with your state pension.
@Katmando376 Жыл бұрын
Thanks Sam enjoy your retirement. Will you be continuing your channel?
@MilitaryFitness Жыл бұрын
For definite buddy 🫡
@andrewdamilare9160 Жыл бұрын
Samuel please when is british army recruiting commonwealth this year
@MilitaryFitness Жыл бұрын
They are probably recruiting for 2024 now. It’s a very long wait at the moment
@andrewdamilare9160 Жыл бұрын
@@MilitaryFitness those that mean if my application is writing application on hold those that mean I will have to patiently wait sir?
@MilitaryFitness Жыл бұрын
@@andrewdamilare9160 unfortunately yes
@worma5442 ай бұрын
Anyone in Australia receiving a UK forces pension?
@jacobs3031 Жыл бұрын
Do you have to retire at the 22 year point?
@MilitaryFitness Жыл бұрын
No, but I just fancy starting something new
@jacobs3031 Жыл бұрын
@@MilitaryFitness I heard you can only serve for 22 year is there an age where you are forced to retire?
@MilitaryFitness Жыл бұрын
@@jacobs3031 nah, it’s 24 years now when you join. I don’t think there is an age when you are forced but they can say that they are not extending your term
@graj7651 Жыл бұрын
Maximum age is 60. It was 55 up until a couple of years ago. I don't think you should be giving pension advice if you dont know basics like this..... Pensions can be very unique from person to person, you can't generalise
@MilitaryFitness Жыл бұрын
@@graj7651 what are you on about, pension advice? I am just telling people what happened plus, how is knowing the age limit a factor? 22 years is 22 years sunshine
@joemassey58 Жыл бұрын
Congrats on your retirement sam, im actually starting my basic training in a couple of days
@MilitaryFitness Жыл бұрын
Best of luck 🫡
@44yearsbeingme566 ай бұрын
Does anyone know anybody who completed 22 years and has had the AFPS 15 remedy actioned yet?
@alanshorts31485 ай бұрын
Nope, I am also waiting very very patiently I served 24
@Redearslider239 Жыл бұрын
First viewer!!! Hey Sir please make video on commonwealth my application is hold whats going on in commonwealth. 😢
@MilitaryFitness Жыл бұрын
Thanks. It’s a very long wait at the moment 🫡
@Redearslider239 Жыл бұрын
@@MilitaryFitnessmake a short video or make a video on it please sir 2023 update on commonwealth.🙏
@MilitaryFitness Жыл бұрын
@@Redearslider239 ok
@nixonmarshall6847 Жыл бұрын
I'm from common wealth, I applied 2022, and I'm starting basic training this month, @redeye9618, don't give up intake might be filled up for now
@andrewdamilare9160 Жыл бұрын
@nixonmarshall6847 you mean you application too was on hold till this moments before they get back to you?...please highlight on hold to me
@TROZJAN9 ай бұрын
So much is ur 22 yr army pension worth nobody likes disclosing there pension it’s like they think ur gonna rob them or it’s so bad they don’t want to say
@MilitaryFitness9 ай бұрын
Get too many begging letters
@TROZJAN9 ай бұрын
@@MilitaryFitness beggin letters for a pension heard 22 was ok pension but u make it sound not to great can u not let it cook till 60 before taking ur yearly P. My mate done 11 1/2 yr they made redundant or some crack for the grenade that busted his knee not that is was that bad he get some sickness thing for rest of life £700/month for rest of his life when he left but it goes up every yr think he gets £850 /month now that not including pension he will get at 60
@jacklincoln90334 ай бұрын
i before e except after c
@garydonoghue4565 Жыл бұрын
22 years ago when i joined I was told that i would never have to work again.. hahahahaahah absolute BS. The pension is an absolute joke
@jacobs3031 Жыл бұрын
How long did you serve and what pension did you receive?
@garydonoghue4565 Жыл бұрын
@@jacobs3031 with the rate of inflation increasing.. leaving with the AFPS75 I still have to work 40 hours a week.. and make an annual salary in excess of £40,000 to have a sustainable life.. I still have to make a lot or cut backs and sacrifices.. I have had colleagues who have done my job in the private sector and even though they still work and will still be working until their late 50’s they will be leaving their jobs and can comfortably not work again.. so think twice before joining.. and really look into the pension because it ain’t that great
@TROZJAN9 ай бұрын
Can u not leave ur army pension till 60 and let it grow be worth far more collecting it at 42/43 of course it’s gonna be worthless
@MilitaryFitness7 ай бұрын
They gave you terrible info with that.
@garydonoghue45657 ай бұрын
@@MilitaryFitness the British army was excellent at providing
@user-re9vg8ij8x11 ай бұрын
hi sir good evening my old is 38 year. I can join uk army. Me coming from Bangladesh. Now stay uk
@MilitaryFitness11 ай бұрын
You would have to speak to a recruiter.
@user-re9vg8ij8x11 ай бұрын
Thank you so much sir
@TROZJAN9 ай бұрын
When I was in army in 1999 the cut off age was 27 yr old to join probably can join some sort territorial army
@MilitaryFitness9 ай бұрын
@@TROZJAN 34 now
@TROZJAN9 ай бұрын
@@MilitaryFitness must be desperate for bodies
@austinshannon4197 Жыл бұрын
Hey dude. I’m in the U.S. Army.
@MilitaryFitness Жыл бұрын
Happy 4th of July 🫡🎉
@alberthole3696 Жыл бұрын
What could a typical retirement lump sum? Could some one share theirs or maybe a bracket of what it could look like?
@MilitaryFitness Жыл бұрын
Dependant on years served and the tank you finish, your looking at between 40k - 140k
@linnell3767 ай бұрын
Good information, however how on earth is it not too long recieving your lump sum when it's supposed to be "paid immediately on discharge". The timeframe is way to long. What they doing 😂.
@MilitaryFitness7 ай бұрын
Hahahahaha that is true
@linnell3767 ай бұрын
@@MilitaryFitness was it a normal payment for insurance at midnight or during the day, plus did your bank flag it as being a large sum of money? Just asking as I left on 2nd Jan so wondering when mine will magically appear 🤣👍🏼
@MilitaryFitness7 ай бұрын
@@linnell376 normal payment at midnight and my bank didn’t flag it
@chandraLingden-qh2ok Жыл бұрын
22mins 2mins I have a 222wz2 of
@MilitaryFitness7 ай бұрын
🫡
@SadamSadam-ip4ob4 ай бұрын
Sir my grandfather working uk army and I want pension