Originally Posted by
Gone Flying
IMO LTD wouldn’t change much with 67. It’s my understanding we have actually improved LTD since 65 went into effect. If 70+ happens tho I’d say all bets are off. But while I see 67 as a possibility, it’s hard to believe the law would change to allow 70+. Recently net jets was able to implement a mandatory age 70 retirement after years of no age.
It may not change much with 67, but it would be taken into account the next negotiating cycle. Every company knows to the cent how much LTD costs. They will have projections of how much more 67 would costs.
I’m pretty sure it will come up in negotiations.
Nothing is free. It’s some negotiating capital spent before they sit down at the table. Leverage used for something most don’t want.