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Age 65 Rule Dec 13, 2007: Age 60 is now 65

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Old 05-19-2007, 08:10 AM   #1 (permalink)
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Default Help me understand Why 65?

I know this is probably a done deal, but could the over-60 dudes who want to fly to 65 help us understand the following:

1) Why would you want to jeopardize our ability to retire at 60 without a penalty?

2) Why would you want to retire past 60 and jeopardize the B-Fund that most of us have?

3) Why would you want to fly past 60 and take years off your life doing so?

4) Why don't you just retire and enjoy life and make room for the rest of us to have the same quality of life in the left seat that you had while you were still healthy?

5) Why the heck would you even think about flying side saddle after being a Captain on a wide body aircraft so you can hopefully get 2-3 more years in the left seat and hose the rest of us in the process?

Maybe if you help me understand this better, I can just let go of it and move on.

Last edited by JollyF15 : 05-19-2007 at 08:27 AM.
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Old 05-19-2007, 08:18 AM   #2 (permalink)
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These are the reasons:

--Because they are self centered and can't walk off from the only thing they are in command of in thier life. It makes them feel important

--Because they are broke, divorced several times, bad investments, lost retirement

--Because they do not have a life outside thier job

--Because they love money over everything else

--Because they love to be senior over all the pee-on F/O

--Because they "love flying" so much and helped advanced aviation that 5 more years is entitled to them
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Old 05-19-2007, 08:24 AM   #3 (permalink)
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Jolly,

It's obvious to me that these guys (especially the ones with their 25 years in) have no hobbies, their families don't want them at home and they have nothing worthwhile to contribute to society by volunteering.

Then of course there are the ones that are on their 3rd wives (same guys whose families don't want them at home - same reason), the "brain surgeons" that bet their life savings on pork belly futures and the guys that lived larger than their wide-body Capt. paychecks and, due to their own poor financial planning, can't afford to retire ...

These same individuals aren't interested in going back to college to get an advanced degree (or even just to audit a course they might be interested in), like I said, they have no hobbies. Maybe if they had some more education, they would realize that the math doesn't make it worthwhile to work past 60 when you could get paid to stay home and golf.

In short ... the only thing these poor pathetic individuals know how to do is fly.

It's kind of sad if you ask me.

Regards,


Mark
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Old 05-19-2007, 08:30 AM   #4 (permalink)
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Default I'm with you brother

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Originally Posted by MaydayMark View Post
Jolly,

It's obvious to me that these guys (especially the ones with their 25 years in) have no hobbies, their families don't want them at home and they have nothing worthwhile to contribute to society by volunteering.

Then of course there are the ones that are on their 3rd wives (same guys whose families don't want them at home - same reason), the "brain surgeons" that bet their life savings on pork belly futures and the guys that lived larger than their wide-body Capt. paychecks and, due to their own poor financial planning, can't afford to retire ...

These same individuals aren't interested in going back to college to get an advanced degree (or even just to audit a course they might be interested in), like I said, they have no hobbies. Maybe if they had some more education, they would realize that the math doesn't make it worthwhile to work past 60 when you could get paid to stay home and golf.

In short ... the only thing these poor pathetic individuals know how to do is fly.

It's kind of sad if you ask me.

Regards,


Mark
Mark,
All valid points. I think I'll do my part and hit the golf course right now. I'd rather be at work hub turning, but golf is a great second choice. FOUR!

Jolly
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Old 05-19-2007, 08:34 AM   #5 (permalink)
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Im 40 years old, and I have given up caring about the whole age changing debate. The FAA has said that the age will change, so I know it is going to change, and Ive come to terms with it. But since you asked the questions, Ill see if I can illuminate the core of why these guys want what they want... Here goes...

1) Why would you want to jeopardize our ability to retire at 60 without a penalty?

1. They do not care about you, me, our careers, or our ability to retire at age 60. This is about their pockets and their bank accounts... PERIOD!!!


2) Why would you want to retire past 60 and jeopardize the B-Fund that most of us have?

2. At this point of their careers, the "B" fund is the last thing older guys are thinking of. Has the least impact for them. Again, refer to answer number 1. They dont care about you and me...


3) Why would you want top fly past 60 and take years off your life doing so?

3. GREED!!!


4) Why don't you just retire and enjoy life and make room for the rest of us to have the same quality of life in the left seat that you had while you were still healthy?


4. Refer to answer number 1 and 3...


5) Why the heck would you even think about flying side saddle after being a Captain on a wide body aircraft so you can hopefully get 2-3 more years in the left seat and hose the rest of us in the process?

5. Refer to answer number 4...


JMO... Hope this helps...

BBDC8
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Old 05-19-2007, 08:43 AM   #6 (permalink)
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Quote:
Originally Posted by JollyF15 View Post
Mark,
All valid points. I think I'll do my part and hit the golf course right now. I'd rather be at work hub turning, but golf is a great second choice. FORE!

Jolly
Fixed that for you. I know there is somebody on this board talented enough to come up with a sammy haggar sounding song. "I cant fly till sixty-fiivvvvve"
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Old 05-19-2007, 10:18 AM   #7 (permalink)
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The mere fact that you guys cannot imagine any good reason for working past 60 means there will never again be any unity in our pilot group. It also shows that you are not half as wise as you think you are.
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Old 05-19-2007, 10:23 AM   #8 (permalink)
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The mere fact that you guys cannot imagine any good reason for working past 60 means there will never again be any unity in our pilot group. It also shows that you are not half as wise as you think you are.
Ahhhhh......

Show me master.....

Perhaps you propose a "mindmeld" like Spock on Star Trek?
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Old 05-19-2007, 10:33 AM   #9 (permalink)
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Originally Posted by ProfessorJoeVee View Post
Ahhhhh......

Show me master.....

Perhaps you propose a "mindmeld" like Spock on Star Trek?
If you cannot imagine a single good reason a pilot might want to fly past 60, you are not very smart. Now, if you said, "sure, he has good reasons, but I don't care." you might get some respect. But saying there are no good reasons is infantile.

I will give you one good reason, as an example. For whatever reason, a pilot comes to FDX at 50 years of age. At 60, if forced to retire, his retirement will be 20% of his Avg hi-5, probably not a very high average after ten years. Working 5 more years will not only (probably) increase his Avg hi-5, but his multiplier is also now 30%, so he has increased his retirement pay at least 50% (20% to 30%) and probably more with a bigger hi-5. There are pilots at FDX in that situation. You may not like it, but they have a valid reason for wanting to work over 60.
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Old 05-19-2007, 10:50 AM   #10 (permalink)
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. You may not like it, but they have a valid reason for wanting to work over 60, they are self-centered.
This contract already gives more credit toward their retirement formula for the guys in your example than actual years of service. I dont care if other guys want to fly past 60 however don't jeopardize my ability to retire at sixty with my current benefits of delayed compensation.
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