All 1 Debates between Earl of Caithness and Lord Astor of Hever

Thu 5th Jul 2012

Army 2020

Debate between Earl of Caithness and Lord Astor of Hever
Thursday 5th July 2012

(12 years, 5 months ago)

Lords Chamber
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Lord Astor of Hever Portrait Lord Astor of Hever
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I understand that 24 Commando Engineers is an Army regiment that supports the Royal Marines. Although we are withdrawing the regiment, we will leave behind a squadron, which has only 20 fewer people than a regiment, so it will not be a serious change.

On my noble friend’s second question, I will look into the matter, but it is inevitable that some of those selected for redundancy may leave without completing sufficient service to qualify for an immediate pension or equivalent. The Armed Forces pension scheme recognises that, by paying significantly larger tax-free redundancy compensation lump sums to those who narrowly miss out on immediate incomes than to those who qualify.

Any pensions rights that have been earned will also be preserved, meaning that an index-linked pension and further tax-free lump sum become payable at the age of 60 or 65, depending on the pension scheme. Whereas the majority of other ranks normally have to serve 22 years before receiving immediate income, the Armed Forces redundancy scheme has reduced that requirement to 18 years, a concession of four years which will enable many redundantees to receive an immediate income for which they would otherwise not have qualified.

Earl of Caithness Portrait The Earl of Caithness
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Will my noble friend tell the House by how much the Royal Regiment of Scotland will be reduced?

Lord Astor of Hever Portrait Lord Astor of Hever
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One battalion, which I think is about 650, will go down to company strength. That will be an integrated company that will perform the ceremonial at Holyrood and Edinburgh Castle and will take soldiers from the rest of the Scottish regiments.