As far as retirement age goes you really need to think it through. In most jurisdictions age discrimination is, or is going to be, illegal. If the AOA should negotiate a compensation arrangement and you vote it down, CX will just change it as the law changes and you won't get any compensation.
Not disimilar to what BA FO's experienced when 3 pilot aircraft were changed for 2 pilot ones. Twice as many FO's as needed so commands went to 24 years! At least its nowhere near as bad as that.