Long term: Loss of seniority in seat which equals more crappy schedules, upgrade, maybe in 15 or so years. Loss of 5 years of Captain pay, but wait, I can now make that up by working until 65, then I can die a few short years later. No hiring now for a while, hopefully no furloughs. Would not put it past UPS. If you are relativley junior like me, I see no positive results of raising the retirement age.