All very interesting......But do now consider the new retirement age of 65y.
It will be interesting to see how many that were terminated against their will at 60y now apply to be rehired....and as what...junior F/O salery or senior Captains salery?
Also how may GF expat Captains now approaching 60y decide to stay on until
65y termination...on their present Captains salery?
What a difference a few days/weeks could make to the total earnings over a further 5 years to these two different pilot groups.
Then there is the......cumulative slow down in commands factor as more and more decide that with no pension they must continue to 65y....and this affect on the F/o salery over five further years or more.... leading to..... further young pilots resignations.
What a pity the GF expat pilots do not have a proper pension scheme like the National GF pilots after twenty years service.
A seniority system does not mean much when retirement goal posts are moved by five years...as always there will be plenty of winners and loosers.