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Financial Retention Incentives (FRIs). 

Aircrew Retention Review (ARR)/Financial Retention Incentives (FRIs).   The ARR remuneration package comprises a series of FRI payments (introduced in 2002) and the creation of a new, separate Professional Aviator’s pay spine (referred to as the Pilot Employment Stream (Army) (PES(A)) for the Army)  for selected aircrew with effect from 1 Apr 03.

There are two taxable FRIs: one 5 years before the Immediate Pension Point (IPP) (ARR FRI 1) of £30,000 and the other at the IPP (ARR FRI 2) of £50,000 for officers and £30,000 for other ranks.  There is a Return of Service of 5 years for each FRI.   Full details of the ARR FRI scheme are set out in D/DPS(A)/4/25/PS10(A) dated 24 Jan 02 which is held by your Regimental Administrative Office.

Rate for ARR FRI 1- Five years before the Immediate Pension Point

Immediate Pension Point

Amount £

Return of Service

AAC Pilots (Officers and NCOs)

1 April 08 – 31 March 09

30,000

5 Years

 

 

Rate for ARR FRI 2 - At the Immediate Pension Point

Immediate Pension Point

Amount £

Return of Service

AAC Pilots

(Officers)

(NCOs)

1 April 03 – 31 March 04

50,000

30,000

5 Years