Is the current final incremental pay year 17? There seems to be a perception among management (NR?) that this would not be increased if retirement was extended beyond 55. This would be a disgrace whereby guys would reach the final year before they retire and so end their final years on a fixed level. This has already been done with the Flight Engineers on the classic fleet and is a disgrace that should never be allowed to happen again.
Add in pension, loss of licence etc and there better be some hard negotiating done by the aoa. gggrrrrr!