Old 10-17-2018 | 02:49 PM
  #34  
StarClipper
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Joined: Mar 2012
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From: Two Wheeler FrontSeat
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Originally Posted by kronan
Good Post TonyC

Glad to see you back posting.

I want you to retire whenever you want to retire.

A increase to 280 results in less of an increase than switching to the VB does for me in 2 years.

I think we'd both agree that the company could've afforded an increase to 280 three years ago. But even with the multiple flight cancellations each week, they were either incredibly intransigent about making any change or SL was the adult Biff from Back to the Future.
I mean that's only an 8% increase, something that will be even more affordable to the company in CBA 202X.

As you approach retirement, health-QOL-etc, I would still suggest you wait until 62, or at least wait to start collecting your Pension at 62.

It's my perception that you've been a Capt for quite awhile, so certainly your savings would support retiring at 60, but retiring at 60 has a huge impact on what PBGC will pay if FedEx happens to totally collapse in 25 or 30 years.

Should be something we all take into consideration
How much less the the VB Plan will an increase to 280 be for you? I have yet to meet anybody that will get an increase which is worth the risk. Regardless of how the numbers are plugged in.
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