Originally Posted by
WhiskeyDelta
That 400 retirements projection for this year is very surprising. The last Projected Retirement list I've been able to find (from Aug 2016) shows age 65 only retirements would be only 265. That's 50% higher than forecast. In a nutshell, our retirement wave will be here much sooner than we expect if this trend continues.
Someone once told me that for every 10 mandatory retirements in a given year, there are another 7 who fall off the list (deaths, early retires, disability, etc.). Does anyone have historic data over the last few years?
1.7×265=450.
When we get to years with 800 hitting 65, that'd be 1360 off the top if 1.7 is accurate, or 10% of the seniority list annually. That, there, is some serious negotiating capital if we choose to use it next time around...