Depends if the bulkhead is threaded. I have had leaks pop up at the threads after YEARS of use. Vibrations from the pumps eventually loosen them enough that they leak. I wish I could have changed my bulkheads to sch 80 on my new 80, but couldn't because of how they drilled the holes for the return line. It is so close to the drain that I couldn't get a sch 80 to fit.
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If you hand tight firmly the bulkheads and don't touch them even sch40 will last decades, they don't back out with vibration, unless you didn't tight them up enough initial install. I only get leaks from bulkheads when I decide to change something out or play with my plumbing and I've had systems running with the same bulkheads for like 20years sch 40's. I would use sch80 myself if I know I'm going to try to tweak or mess with plumbing because they are a lot better if under the 1" size, but I think 1" up sch40 bulkheads are fine, the 1/2" and 3/4" is the ones that ever leaked on me cause of their weaker construction and tendancy to be over tighten for such a small diameter.