Recruiter BS?

Does anyone have the number of mandatory retirements per year at AA for the future? Sorry I can’t find it anymore
 
FlyinSol0 said:
Does anyone have the number of mandatory retirements per year at AA for the future? Sorry I can’t find it anymore
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09/26/2017-12/31/2017 201
2018 528
2019 638
2020 772
2021 838
2022 862
2023 957
2024 932
2025 953
2026 909
2027 769
2028 674
2029 637
2030 555
2031 571
2032 498

I'm outta here after that.
 
ian said:
11 years to upgrade to 777 Captain.....suuuuuuuure
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That’s hopeful. Don’t know what the numbers are for a guy hired today. Someone hired 5 years ago will be (in current numbers) a group 4 (777,787,330) CA in 2028 (16 years). I would think the best time to get hired for seniority progression is right now. Things have been stagnant for a couple of years with the merger. I’m not a AA fanboy at all but the career progression is quick.
 
AAPalmTree said:
That’s hopeful. Don’t know what the numbers are for a guy hired today. Someone hired 5 years ago will be (in current numbers) a group 4 (777,787,330) CA in 2028 (16 years). I would think the best time to get hired for seniority progression is right now. Things have been stagnant for a couple of years with the merger. I’m not a AA fanboy at all but the career progression is quick.
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And American has the best PBS system in the industry.

(Ducks...but really you do)
 
You can't go by scheduled retirements. Real actual retirements run anywhere from 25-75% higher...BUT those people would have retired anyway, so it takes away from the back end.
 
As AA has hired older flows quite a bit of those numbers are Eagle guys who are on the bottom 500-1000 of the list, so kinda a let down for those already on property.

The movement is nothing like Delta but at least AA isn’t stagnant like United.
 
wheelsup said:
That’s not income
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Never said it was. I don’t think we were talking about income. What I make and what’s classified as income are two different things. I’m more concerned about what I make. That DC is a beautiful thing. We can never let that go.
 
"…and a number of our hotels include free breakfast. So assuming a $30 value and at 190 days on the road per year, that's an extra $5,700 in your pocket!"
 
AAPalmTree said:
When my company put $30,000 in a retirement account with my name on it this year and I didn’t have to do anything what should I call it? I feel like I just made 30K.
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That's retirement. That's what you call it. Retirement plans are basically insurance for you when you hit 65 and live longer pass that. That's it. Like medical insurance, dental, vision, it's all basically insurance to cover you when you retire, have a medical issue, tooth issue, or eye problems. Insurance. Not actual pay as far as gross is concerned on the paycheck.
 
Cherokee_Cruiser said:
That's retirement. That's what you call it. Retirement plans are basically insurance for you when you hit 65 and live longer pass that. That's it. Like medical insurance, dental, vision, it's all basically insurance to cover you when you retire, have a medical issue, tooth issue, or eye problems. Insurance. Not actual pay as far as gross is concerned on the paycheck.
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Ummm, in a word, no.

When the company puts money in an "retirement" account, that's tax deferred income, but it's still income. Your money, your responsibility. Very easy to mess this up if you suck at investing or retire at the wrong time. This is called "defined compensation", because only the money that is put in is defined. It is in no way like insurance.

A "retirement plan", in the traditional sense, is a defined benefit plan. The defined part is back end, what the company pays you once you retire. It's up to the company to contribute enough to the plan to make the calculation work out on the back end (usually depended on your pay). In this case it is like insurance, because there is some actuarial hand waving done to make sure the fund is properly funded, but otherwise transparent to the recipient. This is actually deferred compensation.
 
Cherokee_Cruiser said:
That's retirement. That's what you call it. Retirement plans are basically insurance for you when you hit 65 and live longer pass that. That's it. Like medical insurance, dental, vision, it's all basically insurance to cover you when you retire, have a medical issue, tooth issue, or eye problems. Insurance. Not actual pay as far as gross is concerned on the paycheck.
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This is wrong. Also, “Make” is not just pay/income.
 
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wheelsup said:
As AA has hired older flows quite a bit of those numbers are Eagle guys who are on the bottom 500-1000 of the list, so kinda a let down for those already on property.

The movement is nothing like Delta but at least AA isn’t stagnant like United.
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I fly with new flows weekly. There were maybe 100 guys who came over that were over 60. Most are under 50.

The retirements the next 15 years are 99% pre 9/11 guys.
 
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