Mandatory retirement age now to 65?

Hope you folks found a nice comfy seat because for all of the carriers that have lots of pilots approaching 60 that was going to create anopportunity to move up to a major,the music will stop.

The rule change, in my opinion bites monkey scrotum but I'm trying to plan my retirement while I still have my health. Screw working until im an old fart. Too many physical strains and stress in this profession to think I'm going to stay healthy that long.
 
Doug Taylor said:
Hope you folks found a nice comfy seat because for all of the carriers that have lots of pilots approaching 60 that was going to create anopportunity to move up to a major,the music will stop.

The rule change, in my opinion bites monkey scrotum but I'm trying to plan my retirement while I still have my health. Screw working until im an old fart. Too many physical strains and stress in this profession to think I'm going to stay healthy that long.
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I think 60 is a good age... by then chances are you (or anyone else for that matter that continues being a pilot for airlines) should be bankin' as far as salary goes... and not to mention being a pilot is not as easy as others think... if you get owned up there, there are no ambulances to come get you
 
Screw them! If they don't have enough money by age 60 that's there fault. Had they maxed out their roth IRA at 24 or 25 that extra million you make between 60-65 will look like chicken change.
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whoa.. don't be a hot head! those folks had the floor pulled out from under them and this is NOT their fault. if you wanna be pissy at someone, be pissy at the FAA mmm'kay? :)

btw, they didn't HAVE the possibility of even opening a Roth IRA way back then... they had Pensions...If you do your research, you'll find the Roth is not very old and only works under a certain income...
 
taseal said:
how is that AWESOME news? you now have thousands of pilots in the same pool as you...

just imagine what would happen to aviation industry (for pilots) if we all of a sudden has thousands of more pilots applying for a job... well in this case, they already have the job, so you know what that means? you're stuck where you're at for alot longer then you think... enjoy the 1900
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HAHAHAHAHAHAHAHAHAHAHAHAHA this is a funny post.

A) Come on folks it was only a matter of time before it changed.

B) If you have to CFI a little longer it will make you MUCH better prepared to come to a regional.

C) Things have been slowing down at regionals anyway. There are only so many RFBs that airlines can give out and these regionals are going to be having lifers (think American Eagle, Skywest, ExpressJet). Don't expect 2 year upgrades on jets again, ever.

D) I like how you are predicting that I will be 'stuck' longer in the 1900. I love the 1900 at the end of the day and if I am stuck in the Dolphin a little longer, so be it, it builds character.
 
Doug Taylor said:
Hope you folks found a nice comfy seat because for all of the carriers that have lots of pilots approaching 60 that was going to create anopportunity to move up to a major,the music will stop.

The rule change, in my opinion bites monkey scrotum but I'm trying to plan my retirement while I still have my health. Screw working until im an old fart. Too many physical strains and stress in this profession to think I'm going to stay healthy that long.
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But I was supposed to upgrade in a year!

But the regionals were supposed to be a stepping stone!

I can't afford to stay at Mesa for another 5 years!

My wife is going to leave me because I'm only home 8 days a month!
 
jtrain609 said:
But I was supposed to upgrade in a year!

But the regionals were supposed to be a stepping stone!

I can't afford to stay at Mesa for another 5 years!

My wife is going to leave me because I'm only home 8 days a month!
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Quit reading my mind!! :D (except for the last part... I'm good there. Got me a good woman!! Married her man "thru good and bad" ;) :bandit: )

OH...and....I was NEVER going to upgrade at Eagle in a year!!! Hell.....even 5 years (now 10 I guess with the age change).



.
 
Seggy said:
HAHAHAHAHAHAHAHAHAHAHAHAHA this is a funny post.

A) Come on folks it was only a matter of time before it changed.

B) If you have to CFI a little longer it will make you MUCH better prepared to come to a regional.

C) Things have been slowing down at regionals anyway. There are only so many RFBs that airlines can give out and these regionals are going to be having lifers (think American Eagle, Skywest, ExpressJet). Don't expect 2 year upgrades on jets again, ever.

D) I like how you are predicting that I will be 'stuck' longer in the 1900. I love the 1900 at the end of the day and if I am stuck in the Dolphin a little longer, so be it, it builds character.
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Very good points. I guess we might as well be positive. Although it will slow us younger guys down, it's really better to be young in this situation. It will take us longer, but at least we will have a chance to make it. This will really hurt the older guys who are trying to upgrade when time is so critical.
 
The "I got mine, now screw you!" generation wins again. Thanks old farts! I look foward to funding your social security checks.
 
If a pilot is healthy and proficient, regardless of age, who is the U.S. government to say he/she cannot fly.
 
One more thing that NO ONE brought up.

Do you think the airlines are going to want to pay guys at the maxed-out/top tiered rates another FIVE years past the age of 60 for all of those that were facing retirement in the next few years?

Management was probably licking their lips with all of the retirements that they planned over the next few years. They most likely were looking forward to bringing in 'young blood', hence lower pay tiers.

I would say that management will be encouraging those 55-60 to retire at 60 and giving those early retirement packages. They do this ALL THE TIME with top tiered teachers.

If I were ALPA I would be calling management ASAP and start discussing early retirement programs for those in the 50-60 age range. It would allow those to retire with financial backing at 60, if not earlier AND it would allow management to start getting 'young blood' into the ranks, and lower salaries.

There is Seggy's solution.
 
Seggy said:
HAHAHAHAHAHAHAHAHAHAHAHAHA this is a funny post.

A) Come on folks it was only a matter of time before it changed.

B) If you have to CFI a little longer it will make you MUCH better prepared to come to a regional.

C) Things have been slowing down at regionals anyway. There are only so many RFBs that airlines can give out and these regionals are going to be having lifers (think American Eagle, Skywest, ExpressJet). Don't expect 2 year upgrades on jets again, ever.

D) I like how you are predicting that I will be 'stuck' longer in the 1900. I love the 1900 at the end of the day and if I am stuck in the Dolphin a little longer, so be it, it builds character.
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well you got one thing right... it was a matter of time...

I think of this as a chain reaction... if ppl are majors at there longer, ppl at Regionals are stuck, if they are stuck, little 135s are stuck where they are... thankfully there will always be a need for a CFI... but I also saw being a CFI as having NOTHING to do with airline industry... its just a way to make hours...
 
Seggy said:
One more thing that NO ONE brought up.

Do you think the airlines are going to want to pay guys at the maxed-out/top tiered rates another FIVE years past the age of 60 for all of those that were facing retirement in the next few years?

Management was probably licking their lips with all of the retirements that they planned over the next few years. They most likely were looking forward to bringing in 'young blood', hence lower pay tiers.

I would say that management will be encouraging those 55-60 to retire at 60 and giving those early retirement packages. They do this ALL THE TIME with top tiered teachers.
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Interesting point. Just a thought though… how much does it cost to put “new-hires” through training, or upgrade training for that matter? That can’t be cheap either… So, maybe then their training costs go down. I would only be guessing though at how much training costs, but maybe they’d still save money with offering early retirement and hiring on a bunch of new guys…
 
But not all are the 35 year legacy captains. Many are the, as I described earlier, Braniff, TWA, Midway, US Airways pilots who are still in the right seat if employed there at all!
 
Champcar said:
I still can not believe what I am reading here.
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Care to elaborate instead of throwing out your bitter little barbs?

Seriously - if you have something to say - some insight on the issue, then by all means, do share.

We're all listening/reading.
 
taseal said:
well you got one thing right... it was a matter of time...

I think of this as a chain reaction... if ppl are majors at there longer, ppl at Regionals are stuck, if they are stuck, little 135s are stuck where they are... thankfully there will always be a need for a CFI... but I also saw being a CFI as having NOTHING to do with airline industry... its just a way to make hours...
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Excuse me for asking, but are you a CFI already? If so, wow. I am sure that makes your students feel great. :confused: If not, I would hope that view changes before you start to do that, (assuming that is your goal).
 
Age 65?

Two thoughts:

1. Some will be hurt by it, some will gain.

2. People don't like change.

<shrug>
 
Snickersnwa said:
Interesting point. Just a thought though… how much does it cost to put “new-hires” through training, or upgrade training for that matter? That can’t be cheap either… So, maybe then their training costs go down. I would only be guessing though at how much training costs, but maybe they’d still save money with offering early retirement and hiring on a bunch of new guys…
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The training costs are about $20,000-40,000 per person I would say. Pretty small on the scale of things, but still an important cost. But to them (managment) they would want to spend that AND first year pay than keep around a 20 year captain on the 777 at Continental. At least I would think so.
 
SteveC said:
Age 65?

Two thoughts:

1. Some will be hurt by it, some will gain.

2. People don't like change.

<shrug>
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:yeahthat:

The thing is... it shouldn't have been a law in the first place. But now we've had a generation or two go by with the law in place... and folks don't want to "change" it because it just is... the way it is...
 
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