Mandatory retirement age now to 65?

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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While I agree with what you're saying. I'll disagree a bit. My mom is a special education teacher. There is such great need for special education teachers nationwide because of a special education teacher shortage.

My mom is 59 and had the option to retire quite a while ago as she is like a year maybe two from 30 years on the job. Her school district begged her not to, as she is invaluable in terms of experience. So she is getting paid double her salary to stay on.

Now with pilots fleeing the industry in groves, and no large numbers of pilots interested in joining the profession. Due to many different reasons most notably pay, airlines *might* want to retain their senior level employees.
 
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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You better spend some more time reading here. CFIing is A LOT more than building hours.
 
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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Steve best thing said in this post!


Max, I see your point. The thing is Doug, Bill, Don, and 99.9999 percent of major guys can pilot a 777 across the pond. The real senior guys have been there done that, the 'young blood' will have no problem doing that as well, once you reach that point to upgrade at a major.
 
I've got a pretty short layover so lemme just graphically illustrate why age 65 is a panecea. Especially when it comes to people thinking they're going to remain healthy long enough to make it.

These are the top 30 pilots on the seniority list at a large major international airline, right after 9/11/01. The names have been removed for privacy..

The "SLOA" more or less means the pilot is out on long-term disability.

Think you'll make it? Are you sure? Are you being realistic?

Does your company have a decent long-term disability program? Does it have one at all?

Something to think about. I know I do.
 
I have NO intention of working past 55, ideally 50. Hope to be on the beach, with my wife, enjoying our golden years.
 
lostplanetairman said:
I didn't see the ages of those pilots to be in excess of 60. So I don't get the point.
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9/11/01 - FAA age requirement 60 yrs old.

Of the top 30 (with a 60 yr old req.) the majority 57% (were on long-term disability.

Play the numbers out and if they raise the age to 65, the number of pilots on SOLA stands to increase.

Hope they have a long-term plan....


That is the point I think.....Health....

Doug????
 
lostplanetairman said:
I didn't see the ages of those pilots to be in excess of 60. So I don't get the point.
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Gotta carry the 1, bro! ;)

Basically, under normal circumstances, the pilots near the top of the seniority list are retiring in the next couple months/years. At that point in time, when things were hunky-dory hanky spanky in the airline business, chances are all thirty of those guys were in their 59th year.

Looking at the data for the 30, the nearest "scheduled" (age 60) retirement date was 11/2002 and the farthest was 8/2004.

I wish I had the exact seniority list as "a little after 9/11" is a wag.
 
JEP said:
9/11/01 - FAA age requirement 60 yrs old.

Of the top 30 (with a 60 yr old req.) the majority 57% (were on long-term disability.

Play the numbers out and if they raise the age to 65, the number of pilots on SOLA stands to increase.

Hope they have a long-term plan....


That is the point I think.....Health....

Doug????
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That's pretty much it.

And if we have to go to the ICAO medical standard in order to appease ICAO, there are going to be a lot more people on that SLOA less than 60.

You really have to be careful what you wish for in this business, trust me. Simple solutions often come with an unforeseen price.
 
Kristie said:
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...
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Sorry just not in a very happy mood from this news

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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LMAO! I feel for the Mesa, Great Lakes and Colgan guys

Doug Taylor said:
I've got a pretty short layover so lemme just graphically illustrate why age 65 is a panecea. Especially when it comes to people thinking they're going to remain healthy long enough to make it.

These are the top 30 pilots on the seniority list at a large major international airline, right after 9/11/01. The names have been removed for privacy..

The "SLOA" more or less means the pilot is out on long-term disability.

Think you'll make it? Are you sure? Are you being realistic?

Does your company have a decent long-term disability program? Does it have one at all?

Something to think about. I know I do.
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Wow, thats alot of people konking out even before 60. Wonder what problem disqualifies most pilots. Eyesight? Bladder problems? Diarrhea?:)


On the brightside it looks like a may take a year or two for the rule to take effect. That gives some of us a little time to jump into that comfy seat Doug was talking about. XJT and SKW are looking very good right now in terms of staying there 7-10 years if not more. When they stop hiring its gets ugly in terms of pay. The boat is at the dock ready to depart. I hope I can jump on before it leaves!
 
Seggy said:
777 why do you feel sorry for the Colgan guys?
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I have "heard" pilots go to Colgan for the quick upgrade, and the pay is not great. So I am feeling sorry for the guys who went there solely for upgrade thinking they would out quick. No offense to you if like working there. On the other hand, this is good for Eagle guys because everybody is now in the same boat they are.
 
777forever said:
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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Yeah....I'll make sure to tell all the furloughed guys that... since it's their fault. :mad:
 
I don't know how I feel about this. I guess at this point in my life and career it doesn't affect me that much.
 
flywithUS said:
While this screws us younger folks, we need to look at the bigger picture here. A lot of pilots need these extra 5 years to help regain some of the retirement they lost.
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This is what aviation is all about, eating the young. Seriously, I dont usually get into these conversations but you guys have screwed the younger guys for the last time.

Most of the older guys wanting this rule change want it because of financial reasons and these are the guys who up until 911 had great pay and jobs. I'm sorry but you cant pull the ladder up behind you after your there.

I hear alot of banter of the frosty haird backpack wearing IPOD generation and you know what??? it sucks that you crusty old gents cant see past your own noses to understand that the young people are the future of aviation. If you guys dont give a hoot about mentoring or giving a young guy a shot then what you are effectively saying is ......I got mine and I dont give a damn about the rest of you younger guys nor do I want to give you any career advancement.

That really sucks IMHO. Nice attitude there, I just hope you dont speak for the majority of people over the age of 50.

It's about time we started an under 35 pilots assocaition to protect our rights rather than having them stampeeded by old men. But then again that would be AGE DISCRIMINATION wouldn't it ???

Heres a newsflash.....you have to be 23 for an ATP....but thats not discrimination is it ?????
 
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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Taseal I swear I have seen you somewhere before... where have you done your flying?
 
Daaaaammmmmnnn itttt.....this sucks. i hope it takes a while for this to go into effect. While it's good news for the long term, it really does suck for us younger guys who are looking to get on within the next year or two. And things were going so well the past year....guess i'm just looking at this negatively at the moment....but from what i've heard it'll take 5 years to be implemented? i really hope so
 
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