Do Retirement Visas Automatically Extend Until July?

What I meant by no "automatic extension" is;

There is no stamp or anything you'll get in your passport IF you decide NOT to go get your yearly extension on time and decide to use the amnesty program.

You will simply wait until the news comes out as far as what people who took the "amnesty" need to do when it starts to run out.

No one has any idea how this will really end, (mostly because nothing has been written yet about it) :O