jsammerman, where did you find this?
DCABarry, while anything's possible (especially until we know the source of this and until the T&Cs are hopefully updated next month), the way I read the last paragraph:
Members who earned points between January 1, 2015, and January 31, 2016, under the former point expiration policy, which carried a firm expiration of points on December 31, 2017, and December 31, 2018, respectively, will be eligible to request any points forfeited under the new forfeiture policy (stated above) be reinstated to their member account by contacting member services. This point reinstatement is only available for points earned between January 1, 2015, and January 31, 2016, and forfeited on August 1, 2017, where the member had no qualifying activity under the new forfeiture policy but whose points would not have expired until December 31, 2017, and December 31, 2018, respectively, under the previous point expiration policy.
The part I highlighted seems to be calling the firm ("hard") expiration of points on December 31 of each year a "
former point expiration policy", and later a "
previous point expiration policy", both of which imply that the "hard" expiration will no longer apply!