The 55 / 60 question should come out when NEM is announced. Hopefully. I understand that some big chiefs are keen for it - it could save the military a fair bit of money and some are not so keen - you don't want a military full of old people. What will happen is pure conjecture - personally I believe that it will be introduced for some, perhaps defined by trade/branch but more likely by rank (SO1s and above? PAS??)
I'm not sure that they will bring it in as compulsory for those currently serving, but instead offer it as an option to those in the correct bracket.
Financially, it will be a good deal for many - retiring at 55 may be marginal but retiring at 60 with no reduction in the AFPS 15 pension plus an extra 5/47 of top end pay will be well worth it.
All pure guess work, we will find out eventually...........
EDIT: As Al said there are often options to extend beyond 55 already on a service need basis, although it is pretty mad to do so under AFPS 75, and I believe FTRS commitment is already past 55 (60?)
Last edited by Backwards PLT; 4th Jun 2013 at 10:02.