"the fact that they might be receiving a pension also ... should never enter into the calculations for their flying pay ... it is a separate issue."
Vic 777 lets see your logic, Vilven wants to continue to pay into his pension to increase that pension, Kelly has reached the maximum pension of 35 years. Both can not be Captains...an ICAO thing. Vilven will increase his pension by this agreement...it does not matter to Kelly.
Of course there is this sticky Revenue Canada problem to address as to being able to collect your full pension and work for the same company, see how far one's rights are trampled by them.
Seniority is a whole different kettle of fish...lets see what the CHRC has to say about that.