The Red Caps apparently have it on good advice that the info regarding a pay rise is indeed correct however, as a consequence of, and similtaneously with, the Productivity Pay Scheme is to be abolished. This will help to mitigate the combined affects of both the payrise and the ending of Augment Crew Flight time factoring.
Thinking appears to be that as crews have quite justifiably been complaining about fatigue under the Augment factoring and new credit/pay rules, then because the "good book" says we can fly 100 hours in 28 days, then that is what the Base Salary package is for and so that is what we shall fly. Productivity Pay is merely an unnecessary "fringe benefit".
Still look on the bright side more upgrades and more contributions to the Provident Fund.