If there is any comfort to be taken in these troubled financial times it is that the RPI for Sep 08 has just been announced at 5%. This means that all pensions using the RPI, including military pensions, will be increased by this amount in Apr 09. If you are on fixed pension whilst waiting to reach 55 this means it will be a little bit better than it might have been. If you have a spreadsheet tracking the pension increases from when you left to when you will draw your full pension at 55, you can update it now. Would be even nicer if they put the true RPI cost in there but the government could never afford to do that.