Written question asked by Gerald Howarth (Conservative) on Thursday, 15 January 2004, in the House of Commons. It was due for an answer on Thursday, 22 January 2004. It was answered by Ivor Caplin (Labour) on Thursday, 22 January 2004 on behalf of the Ministry of Defence.

Ministry of Defence

Question: To ask the Secretary of State for Defence, how many (a) prospective members of the proposed new Armed Forces Pension Scheme and (b) beneficiaries of the associated compensation arrangements he estimates will find the provision for them capped by a £1.4 million limitation on the total value of pension and related arrangements. - Inc figures.

Answer: Mr. Gerald Howarth: To ask the Secretary of State for Defence how many (a) prospective members of the proposed new Armed Forces Pension Scheme and (b) beneficiaries of the associated compensation arrangements he estimates will find the provision for them capped by a £1.4 million limitation on the total value of pension and related arrangements. [149153] Mr. Caplin: The Ministry of Defence expects very few members of the new Armed Forces Pensions Scheme to be affected by the Government's proposed lifetime allowance of £1.4 million. Payments from the new Armed Forces Compensation Scheme are not retirement pensions for taxation purposes and are not therefore affected by the proposed allowance.

Secondary information