It's more than just a catch phrase. There's math involved. Try these numbers on for size. A 55-year-old pilot with 20 years of service plans to retire on his 60th birthday and live to 90 with a spouse living to 90 and a month. (She'll die of a broken heart.) How much of a pay raise is required, with its time value, to make up for the failure to raise the FAE cap to twice the IRS limit (as it was originally intended to be)?

How much can he make up by changing his mind and working (and delaying your rise in seniority) until his 65th birthday?


I was making enough money per month BEFORE we ratified the TA. Higher pay rates wasn't even in the Top 5 priorities most pilots expressed in polls and surveys. The paychecks that concern me the most are the ones that start upon retirement. I'm going to need a lot more time value on my 10% to make a dent in the damage done in our "A" plan by abandoning a Top 3 goal.

But you won't refuse your pension checks, right?






.