A Charity offering personal help and advice for all serving and former members of the Royal Navy, Royal Marines, their Reserves and Families

Are you leaving the Armed Forces? Are you entitled to a Resettlement Grant?

Published 03/10/2018 15:05:00, by Marina Maher

 
The Resettlement Grant is paid to Regular members of the Armed Forces who leave after 12 or more years’ service but before qualifying for any other form of immediate pension or EDP benefits. It is not linked to your pension entitlement but it is intended to help you adjust to civilian life. 


When you leave the Armed Forces you will be entitled to a lump sum payment provided you:
• have served for at least 12 years; 
• are not entitled to an EDP, an ill-health award or an immediate pension from a legacy pension scheme; 
• have not previously received a Resettlement Grant; 
• are not a member of the Reserve Forces.


The Resettlement Grant is currently £11,101 tax free lump sum.
If you would like further information on the Resettlement Grant and how to apply for it, then please feel free to get in touch with the WEA.


All the information above can be found on the GOV UK website, Armed Forces Pension Scheme 15 Booklet, page 24, chap 7.


Please see link: AFPS15_YPSE_FINAL.pdf


By Marty Small – Regional Manager South West WEA

 

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