Originally Posted by
flyguy1
Personally, I think age 65 will not affect NWA as much as USAir, United and Delta. The top 2000 plus guys still have a full, frozen pension. All the widebody guys can retire at 60 and see $10,000 per month plus a lump sum payout when they leave for $250,000 +. I know they can stick around and make more than that, but what would you do? Go to work for 12-14 days a month and make $14,000-15,000 per month, or stay home and have zero responsibility and make $10,000 plus?
In addition, if the widebody guys stick around their lump sum payout will actually decrease past age 60.
If the MSP retirement wall is any indication, of the 12 retirees, 5 are early retirements. I think and hope that those percentages will not change.
I just went through the interview process with NWA. During the interview, I asked "how will age 65 effect the staffing at NWA?"
The response was exactly what you just said. Since the pensions are frozen, the pilots aren't expected to stay past age 60 (from the HR team).
-Fatty