Well some of us chaps had a close look at it while we were down south recently and for an old git like myself(pilot 48) it seems to offer a higher pay rate and more pension if I stay till 55. If I leave early for whatever reason(and I can think of lots at the moment) I just go back to the current SA arrangements so it would appear to be a win win situation!
Things to watch out for are Govt plans to tax your gratuity after 2010 and not receiving your pension until 65!!!!!
By the way there is already a thread on this subject which started a couple of weeks ago.
http://www.pprune.org/forums/showthr...threadid=80821