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New Resettlement Grant rates released

New Resettlement Grant rates released

NEWS

15 Jun, 2021

Many of you will be leaving the Armed Forces with a Resettlement Grant. The Forces Pension Society reports that the amounts paid have recently been updated …

How much are we talking about? The latest figures (updated June 2021) are as follows:

  • AFPS75: Officers – £16,597
  • AFPS75: Other Ranks – £11,344
  • AFPS05 and AFPS15: £11,651 for both Officers and Other Ranks

And, remember, this is a tax-free lump sum intended to help Regular Service personnel settle into civilian life. There is no stipulation as how you use it, but if you take up another military post too quickly, bear in mind that you might have to repay some or all of it.

For all the details, click here to read our full-length feature

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