Just a couple of small thoughts.
The new terms seem to best suit a Pilot who serves and leaves relatively early. Certainly, a fairly standard young ex RAF Pilot can go easily into the RHS with an ATPL on 80k. You might need to pay for your type rating. LHS and 110k is only a few years of sound flying away. Plus the perks, of course. One thing to remember about Mil flying into your dotage is, you have to stay capable of meeting the medical and fitness requirements. You do not always have any ability to influence this and, the requirements may at some point be impossible to achieve.
Of course, civil Pilots suffer medical problems but, I suggest that it can be more difficult in the military. RO pay, and it's implications for pension abatement, has always been very poor. I do suspect that the Services will find it increasingly difficult to find people willing to fill those jobs for a pittance. Finally, the Service pension cannot be cashed-in or used as much of a financial instrument. This is a big factor now that the options to do things with private pensions have opened-up.
OAP