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Long title | An Act to make new provision for establishing pension and compensation schemes for the armed or reserve forces; to amend the Pensions Appeal Tribunals Act 1943; to provide for the transfer of the property, rights and liabilities of the Royal Patriotic Fund Corporation to a registered charity; and for connected purposes. |
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Citation | 2004 c. 32 |
Dates | |
Royal assent | 18 November 2004 |
Text of statute as originally enacted | |
Revised text of statute as amended |
The Armed Forces (Pensions and Compensation) Act 2004 (c. 32) is an Act of the Parliament of the United Kingdom.
The act provides for the newest iteration of the Armed Forces Compensation Scheme (AFPS) in 2005. [2] The act closed the existing iteration of the AFPS in 2005. [3]
The act increase the pension age for veterans to receive their pensions from 60 to 65. [2]
The act was criticised by the Commons Defence Select Committee as being unfair. [4]