HC Deb 30 July 1975 vol 896 c514W
Lord James Douglas-Hamilton

asked the Secretary of State for Defence how many of the Service men to be made redundant under the defence cuts already announced will receive pensions which are not protected from the effects of inflation.

Mr. Judd

Service personnel who are made redundant below the age of 55, and who qualify for immediate pension, will receive the same absolute level of pension until they reach age 55, unless they become incapacitated in the meantime. At age 55, taking into account any intervening rise in the cost of living, the original value of the pension will be restored and will thereafter be maintained by annual review.