FAA Set to Raise Retirement Age

[Mach 80]

>>>I would gladly write this letter and send it to whomever it needed to be sent to if it meant keeping the retirement age at 60.<<<

So retire at 60. Do what you want. You don't need to send a letter. You can even retire at 35, 45, or 50. But don't tell me what to do or when to retire.

 

[AA717driver]

It's not my fault you didn't save and prepare wisely. Stop F-ing with my money and retire.

That's the point. None of those who lost their pensions had any indication that it could happen. How can you prepare for an eventuality that is inconceivable?

I assume you're saving money to be able to pay the 10-fold increase in payroll taxes to keep SSI alive in 10 years? Even I can see that one coming. TC

 

[BoilerUP]

I assume you're saving money to be able to pay the 10-fold increase in payroll taxes to keep SSI alive in 10 years? Even I can see that one coming.

That's depressing, TC.

I was looking forward to Bush's plan to privatize SS. I'd much rather have kept that money in my paycheck and put it into a Roth than pay it out the next 40+ years of my life. I'll probably never see a dime of SS...

 

[LarryinTN]

[FONT=verdana,arial]older drivers generally become more conservative on the road.[/FONT]

Is that what you call it when they drive 35mph in a 50mph zone?

 

[m80drvr]

Why should we give up our seniority, vacation, our livelihood? Leave a career at the top to start at the bottom of a frac? A charter company? Leave it all behind based on a policy that has no basis. What kind of crack are you smoking? Some of us love our career and will do what it takes to keep it. You will have your chance, patience schoolboy. By the way, have you typed up your letter of resignation/retirement yet? Be sure to date it correctly. I'd hate to see you fly past 60, you incompetent safety hazard.

With regards to the examples of age discrimination listed above, starting working on changing them if you feel they are important to you. If not, live with them. We choose to change. Change is good.

You got your great career because the guys in front of you had to go at 60. They AND you knew the rules when decided to fly 121 and not 91 or 135. The hipocracy in this age 60 arguement is just down right funny.

 

[JAM-BRO]

$$$$4nothin wrote:
I don't want someone who is 64 or 65 driving a car with me in it let alone flying an aircraft. How many of you let your 65 year old parents drive when you are in the car. Thats what I thought.

Judging by your past postings, current attitude and total time, I wouldn't trust you to taxi a plane with my pet Labrador on board from the hanger to the gas pit. That's what I think.

Hey Superman Warturd, what I think of you is that you should go for a long walk with your lab and retire. GREEDY BASTARD!!!!!!!!!!!

 

[AA717driver]

You got your great career because the guys in front of you had to go at 60. They AND you knew the rules when decided to fly 121 and not 91 or 135. The hipocracy in this age 60 arguement is just down right funny.

Ok, why should I eat dog food and push carts at WM just so YOU can have a cherry career? You want fair? Go to law school... TC

 

[Guppiedriver]

What I want to know is why are you old farts pushing so hard for age 65 now, instead of years ago? Clearly you saw the end of your career in the distance. Why didn't you start the effort earlier?

Pot, meet kettle.

 

[m80drvr]

Ok, why should I eat dog food and push carts at WM just so YOU can have a cherry career? You want fair? Go to law school... TC

Wow AA your quote applies as much to you as it does to me. Maybe you should have gone to law school, your arguements are brilliant.


Age 60 is the rule, fair or not. You knew it, you benefitted from it. You got your 4 stripes 5 years earlier because of age 60 And now you want 5 an xtra yrs of top pay at my wife and kids expense.

 

[800Dog]

That's the point. None of those who lost their pensions had any indication that it could happen. How can you prepare for an eventuality that is inconceivable?



Its called personal responsibility. When I was hired at Delta, I met with my financial planner shortly thereafter. I told him I wanted to plan my retirement as if the DB plan would not exist when I hit 60. If I retired and the pension was still around then that would be icing on the cake. You cannot count on the company your work for or the govt. You were just naive and now want others to pay for your mistake.

 

[Andy]

That's the point. None of those who lost their pensions had any indication that it could happen. How can you prepare for an eventuality that is inconceivable?

Inconceivable? Hardly. Peruse the list of airlines that are no longer in operation. Plenty of other pilots' A funds evaporated over the course of every pilot's career. There are more than a couple of former giants of the industry on that list. For anyone to consider their company or themselves bulletproof is truly foolhardy. History is littered with pilots' lost pensions - in enough frequency for any pilot to realize that they may meet the same fate.

http://en.wikipedia.org/wiki/List_of_defunct_airlineshttp://en.wikipedia.org/wiki/Zantop_International_Airlines

 

[AA717driver]

Ok, I'll go back to my original point: There are no guarantees in aviation. Age 60 may change and screw you. Age 60 may not change and screw those who have lost their pensions or been furloughed at an older age with no time to recover.

I was just trying to counter the "it's a rule" argument.

But at least we've cleared up any doubt about the motivation of both sides: personal greed. Whatever side you're on, there can be no level of rationalization that will obscure that fact. TC

 

[Bringupthebird]

What I want to know is why are you old farts pushing so hard for age 65 now, instead of years ago? Clearly you saw the end of your career in the distance. Why didn't you start the effort earlier?

Pot, meet kettle.

Actually ALPA opposed age 60 until the early 80's when a bunch of junior F/O's saw their carriers languishing and decide to push this as their agenda. Of course ALPA licked it's finger, put it to the wind and became adamantly supportive of the age 60 rule overnight. Their integrity reminds me of the old 7up ads, "never had it, never will". (ah, maybe it was Sprite)

 

[Bringupthebird]

That's the point. None of those who lost their pensions had any indication that it could happen. How can you prepare for an eventuality that is inconceivable?



Its called personal responsibility. When I was hired at Delta, I met with my financial planner shortly thereafter. I told him I wanted to plan my retirement as if the DB plan would not exist when I hit 60. If I retired and the pension was still around then that would be icing on the cake. You cannot count on the company your work for or the govt. You were just naive and now want others to pay for your mistake.

Does your financial planner offer a money back guarantee?

 

[AA717driver]

Many of those who lost their pensions got into the business prior to EAL going under and Lorenzo stealing the pensions at CAL (which resulted in the law being changed, ostensibly protecting pensions from corporate raiders).

Between EAL going under (not just a case of having pensions stripped) and the post-9/11 bankruptcies who lost their pensions without their company going belly up?

800dog may have had the foresight to know his pensions could be 1113'd but 99% of those working for the legacies had no reason to be concerned about their jobs or the security of their pensions.

Given the circumstances, 800dog's actions, while admirable, are akin to having a car but taking a cab everywhere because you never know when your car is going to crap out and leave you stranded... TC