Kitsune, lets see how well the truth flies. Having just got off the phone to one of the unfortunate Oasis guys there is no letter-yet. The VERBAL offer is a "rapid exit" command on a hkg base for VETA. Now the last time I looked the normal retirement age for VETA was 55. The same course this guy is going to be offered must be advertised firstly to all employees who are considered "suitable" (open to abuse). This has no bearing on the discussion of the efforts by the company to raise the NORMAL retirement age to 65. 404Titan's view is correct. Until an agreement is reached and voted in by the AOA membership then bypass pay compensation is a legal requirement. Your "individual 'new' contract to age 65" does not exist at this time.