Quote:
Originally Posted by Andy
It will take no more than two contracts before 65 becomes the 'normal' retirement age for pensions at all airlines with a pension. Most pension plans will change with the first contract after the age limit changes. I expect to see United reduce our B/C fund contributions significantly after the change.
Bottom line - most pilots at AA and other airlines will end up working to 65.
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I see. So, anyone who was "planning" on getting out at 60 with a decent pension would have to retire early BEFORE the contract goes into effect. Or else, they're pretty much in it for another half a decade, like it or not. Maybe some will do that. Time will tell...