Aibo - incorrect.
When you signed up for COS99 the terms of that contract (to which CX is bound) included retirement at age 55 and bypass pay should any Captain senior to you remain after 55. Senior crew signing a new contract cannot affect your contract.
Every crew member remaining after age 55 must trigger bypass for the next most senior FO on COS99. That simple.
The below are directly copied and pasted from COS 99 -
10.1. In any case of retention of Captains beyond the Retirement Age, subject to 10.3 & 10.4,
the next most senior First Officer on the Aircrew Seniority List will receive Command
Bypass Pay in the form of Captain’s Salary, allowances and benefits on a one for one
basis commencing upon the date that the retained Captain reaches the Retirement Age.
The payment of Command Bypass Pay will cease when the retained Captain retires.
36.1. The normal Retirement Age is fifty five (55) years of age. An Officer will be deemed
to have reached normal Retirement Age on the day on which the Officer reaches his/her
fifty fifth (55th) birthday.
Last edited by Arcla; 21st Apr 2009 at 06:14.
Reason: Added COS details...