Just read the latest edition of Pennant the magazine of the Forces Pension Society. On page 26 there is an article on "Dynamising" basically it explains how due to the lack of any current salary increases for serving members, those members retiring 2012 / 2013 could find themselves in a "Pension trough" and how the FPS has managed to negotiate the same increases in their pensions that individuals who retired before the pay freeze are entitled to. So you may not be getting a pay rise whilst still serving but you're pension is rising. Unfortunately I can't get a copy of the article, but if you are retiring in the next 18mths or so then this article will make pleasant reading! Well done to the FPS
