Credited Hours still apply. 5.30 per day or stick hours, whichever is higher.
It would be more correct to say that Min Daily Credit (MDC) hours still apply. On long range 4 pilot ops, they are definitely not the same hours as the current "Credit Hours".
This package restores balance between short/medium range flying and long range flying. There are significant gains for those who end up flying 2 or 3 pilot ops on the B787.