ultrarunner
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 4,322
sydeseet said:The "age 60 rule" has become a hot topic lately with a survey from ALPA making the rounds. This makes me curious if any corporate operators big or small require their pilots to retire at a preset age.
Anyone?
Regardless of what some folks have posted above about some corporations "requiring" an age 60 retirement. I don't believe that is the case. Age is a protected class from discriminatory practices. And right now 121 carriers are the only companies allowed to discriminate at this age for pilots (excluding FE's).
If companies like those mentioned above actually have this policy in place I would be very surprised...since it's illegal.
What has been my experience in talking with some folks locally that work for some very prominent flight departments, is that as a pilot approches 60 they are offered a package that will take them several more years out in age. This is a big fat bone to intice retirement. They are, however, under no obligation to take it.
Most companies that operate this way will structure their compensation and retirement plans where there would be no financial advantage to working longer.
As a result, most retire.