Originally Posted by
FoxHunter
They don't exercise those rights because the "Regulated Age is 60", the "Regulated Age" will soon be 65 and then there is no longer any restriction.
No kidding?
You're leaving out that it will be the "regulated age" for those under the age of 60 at the date of implementaion, or whatever the effective date will be called.
It's not a contractual limitation. It's a regulatory limitation. It really has nothing to do with the contract, or protecting anyone's seniority rights.