In some ways it's better to be the 1st on a new pension scheme than last on an old one! If you had joined on the FS pension there is no way you would have got the promised reward.
However, the old pension scheme is now doomed and in some ways I think it will be better for unity if everyone is on the new scheme from now on. Unfortunately, any change in the old scheme will mean people at the top having to stay for longer to build up their pension, thus increasing stagnation. Either way it's bad news.