Andrew Robathan MP - Ministry of Defence

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Annex A Armed Forces Compensation Scheme – lump sum award values This table shows the existing value of AFCS awards and their future value as a result of implementing the recommendations from the Lord Boyce Review. Tariff Level Current Award Value Future Award Value 1 £570,000 £570,000 2 £402,500 £470,000 3 £230,000 £380,000 4 £172,500 £290,000 5 £115,000 £175,000 6 £92,000 £140,000 7 £63,825 £90,000 8 £48,875 £60,000 9 £34,100 £40,000 10 £23,100 £27,000 11 £13,750 £15,500 12 £9,075 £10,000 13 £5,775 £6,000 14 £2,888 £3,000 15 £1,155 £1,200 The Review of the Armed Forces Compensation Scheme - One Year On 27
Annex B Armed Forces Compensation Scheme - table of factors for calculation of the Guaranteed Income Payment, Survivors Guaranteed Income Payment and Child Payment The revised conversion factor takes into consideration the recommendations from the Lord Boyce Review of the AFCS: z The lasting effect of more serious injuries on future, likely promotions; z The ability to work to age 65 (post the service career); z The increase in the assumed average age of death from 79 to 86 years; and z The reduction in the discount rate from 3% to 2.5%. Age Factor Age Factor Age Factor 16 1.205 30 1.094 44 0.897 17 1.202 31 1.081 45 0.882 18 1.199 32 1.068 46 0.866 19 1.196 33 1.055 47 0.849 20 1.192 34 1.041 48 0.833 21 1.189 35 1.028 49 0.816 22 1.185 36 1.014 50 0.799 23 1.182 37 1.000 51 0.781 24 1.170 38 0.968 52 0.763 25 1.157 39 0.972 53 0.744 26 1.145 40 0.957 54 0.724 27 1.132 41 0.943 55 0.705 28 1.120 42 0.928 over 55 0.705 29 1.107 43 0.913 28 The Review of the Armed Forces Compensation Scheme - One Year On
Page 1 and 2: The Review of the Armed Forces Comp
Page 3 and 4: 2 The Review of the Armed Forces Co
Page 5 and 6: The key recommended changes include
Page 7 and 8: Issue 4 - Comparisons with other co
Page 9 and 10: 8 The Review of the Armed Forces Co
Page 11 and 12: The latter principle is reflected i
Page 13 and 14: of the AFCS in April 2005), in resp
Page 15 and 16: the relevant tribunals, before whic
Page 17 and 18: what their AFCS award covers, inclu
Page 19 and 20: Review at service termination A new
Page 21 and 22: move forward from the incident and
Page 23 and 24: any revision to the multiple injury
Page 25 and 26: Hearing loss is not properly catere
Page 27: in appropriate guidance material, a

Andrew Robathan MP - Ministry of Defence

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