Tim.
And thats exactly how the redundancy payout scenario is going to playout.
I was having lunch the other day with a very senior -400 Captain who offered he was only 'hanging around for the payout now'.
When I explained to him that what the company could do (I believe) is declare a surplus in Capt and F/O ranks on all fleets prior to the A380 / B744 crew base being moved to Singapore, this would result in the vast amount of those crew members momentarily becoming S/O's just prior to CR.
This means the CR payment, even if its the same as the FEO's (104 weeks max) would be at A330 S/O rates.
It sounds crazy, but companies like Bain & Co specialise in this sort of corporate bastardry, and the letter of the award would allow this type of movement.
Regardless, there is no way in hell the company will be paying out 104 weeks to senior captains, particularly those over 60.