That's good news. Looks like I've been misinformed and you can NGR/PVR from the PAS/AFPS05 without suffering any penalty!
bwfg3 - Yes, it is sad, but with so much opportunity outside at the moment, and with no FRI to tempt older aircrew to stay, why wait until you're 55 before leaving to get a job that might give you an effective pay rise
and keep you employed until age 60 or 65?