Worst. Reasoning. Ever. And you f**kin' boomers think my generation is selfish...
You'll have 5 more years now to recoup.
Why do folks have such a hard time realizing someone like myself will never recoup the total wealth I stand to lose with a 5 year delay in my career progression, even if I'm at the top of my earning potential for an extra 5 years?
Why shouldn't they be able to grab a little more for retirement?
I am sympathetic for the loss of pensions because it negatively affects everyone in this career ...but why should young/junior/furloughed pilots have to finance the retirement of old/senior/employed pilots? Especially when you consider these same folks have been in the very top percentiles of wage earners in the US, that emotional appeal is hogwash.
Why shouldn't healthy 60 year old regional pilots work a little longer to put some more retirement funds away?
If having enough money at retirement was an issue, why didn't "healthy 60 year old regional pilots" take a job with a much higher earning potential years ago? After all, its not like Age 60 retirement is a new thing..
I know, you'll say but I don't want to work 'til 65! Betcha when the time comes you'll be lobbying for 70 years old!
I betcha I won't. I like my job flying airplanes for a living, but I have no intention of subjecting myself to 12-14 hour duty days with 4-7 legs a day, 14-17 days a month, for 42+ years of my life.
This whole change from 60 to 65 retirement doesn't have anything to do with becoming ICAO-standard or abolishing age discrimination. It does have everything to do with $$$. Age 65 is just as arbitrary an age as 60 is, its just 5 years later. It is entirely possible that in 1, 5, 10 or 20 years I'll look back and be thankful for all this and wonder why ALPA hadn't been more proactive...but I seriously doubt it.