Originally Posted by
JobHopper
You know, I hadn't actually thought of this, but you are 100% correct. Retirements used to be based on that magical 5 year FAE, but no more. The big money now, like you said, is more income earlier.
Million dollar question: Could this pilot group adopt such a radical paradigm shift?
Actually, it has stated with the FO rates being a higher percentage to what a captain makes.
There is also another advantage of the pension being gone. We are no longer myopic on FAE and therefore do not have to focus on keeping the high end rates up at the cost of things like scope, work rules, etc.