Capt N N has it in one.
The effect of "dynamising" on my pension calculation gives about an 8% increase as compared to the 'basic' calculation of simply time served vs current salary, largely because for one of my last 3 years in service the CPI figure was 5%.
The concept of "dynamising" for AFPS05 still seems to be relatively unknown out there, at least among my colleagues, despite a recent article on it by the Forces Pension Society. Indeed it wasn't mentioned in my resettlement pensions brief by the 'expert' at all.
Just another one of things that actually made AFPS05 a great pension scheme!
There's a brief explanation at the bottom of the page reached on following this link:
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