The new law addresses that specifically; airlines are required to make the change with the pilot representative entity, to include any benefit adjustments or ramifications. Many U.S. carriers dumped their entire pension obligation on the government in bankruptcy court, so many alpa contracts have no specific retirement language relative to age. The law is effective on 13DEC07 and implementation is mandated at 30 days. I agree with you that it is, probably, a great time to be a lawyer.