Originally Posted by
CaptainMark
i am not for the age 60 deal for reasons such as possible medical changes and or b-fund abolishment etc...but with other airlines around the world adopting it i think it will definately change...what a blessing for fdx guys who didn't save for their retirement(all the dc-10 s/os) or blew it on ex-wives(foxhunter)......i refer to fdx guys because the pax guys have legitimate reasons...like pensions being eliminated...noone here is an age bigot because we will all be there one day...and where is maydaymark going?
Why do all the young guys think that everyone "blew" their retirement. Furlough, elimination of pension plans (that some guys WORKED 30 years to earn), are all factors in guys needing to work past 60. Also, the government doesn't really want you to retire "early" - reduced social Security at age 62. There is no way to have saved enough money to replace reduced/eliminated pension benefits - those were negotiated in good faith and the unions gave up something (matching 401K, defined contribution plan, lower pay, tougher work rules) in order to get a pension. I believe (and I will be affected by the age 60 rule) if guys are physically qualified and want to do it they should be allowed to work past 60. Remember, a lot of us will live until 90-100 - there's nothing wrong with working until 65.