Viz,
Has the 28 days acceptance to extend to 60 started? If not, when will it start?
I'm in the Protected Cohort - is the idea that I would still receive my pension at 55 with no further pension accrual? What happens to my basic (PA) pay from age 55 to 60 - is it abated as the pension will have kicked in?
The offer to extend to 60 is many months away, so don't worry just yet.
You will not receive your pension at 55 if you stay in till 60. You will be paid as normal but your pension growth will be limited to 34 years for officers if you are on AFPS 75. The only difference is that when you do leave at 60, your pension and gratuity will be based on the pay you are earning at 60 and not on what you were earning at 55.