About 3 weeks ago...

Bat

 

FROM ANOTHER SOURCE.

This was copied from our Union daily e-mail... Hope this helps...

BBDC8


{UPS PILOT HIRING}
Several variables could result in a UPS hiring lull in 2008.
Pending age 60 legislation and the retirement of the B747 Classic
after peak 2008 are factors that will determine whether UPS hires
additional pilots next year. UPS Training/Scheduling Manager
Craig Luthin told the Oct. 22 edition of the Flight Times no
official decision has been made on whether to hire or not. "The
jury is still out for 2008. We told HR there are a lot of variables
here. If Age 60 legislation passes, which appears to be so close,
that would allow what would otherwise be excess second officers,
over 60 folks, to bid back up," said Luthin. Given these factors,
Luthin said UPS expects a hiring lull. However, he says the Company
will need more crews when the new B767s arrive. Three will be
delivered in 2009 and one a month for a total of 12 in 2010.
So, what happens if there are delays with the Age 60 legislation?
Luthin said they would have to hire at some point later in the
year. Another unknown is exactly how many age 60 crewmembers
would retire even if the mandatory pilot retirement age changes.
For more information on this story as well as an update on the
Age 60 legislation, please make sure to see the October 22 issue
of the Flight Times available today electronically
__________________
BBDC8

 

It seems the age 60 thing is ripe for a veto. Not sure it is near passage any time soon.

 

Seems most airline execs would want this to fail. Most senior pilots make the most money and work the least. If they get to stay around another 5 years

 

Not when you factor in the Retirement payments. Let work another 5 years, No payments, and then they die at work or shortly after age 65 is reached.

 

That seems to be the dark little secret that nobody wants to talk about. Whether you die shortly after you retire at 65 or live to be 120, you will still be collecting for 5 years less. That is 5 more years that the company can let the money pool that will be paying your retirement fatten before they have to give it to you.

For many of us that were fortunate to be hired young, we will be working for some amount of years with no contribution into our A plans as we only get contributions for 30 years. Might be just a personal thing, but I don't think that one pilot in the same longevity bracket should ever be cheaper to the company than another.

 

767,

I totally agree with your post. The age 65 rule is a bag of worms that affects the pros and the cons to varying degrees, but affect it shall.

Maybe this ruling is somewhat a catalyst for UPS retiring the three man aircraft in somewhat short order.

FF

 

Around the exact same time charlie posted this, I was chatting with a friend who was at that job fair. He said, when he made it to the front of the line, his resume was looked at, handed back to him, and he was told "good luck"

 

As always I think timing is everything; job fairs probably help more when there’s lots of hiring going on. The recruiters I talked to at the WAI job fair I attended were the very same people who interviewed me some three weeks later. I think it helped me as they remembered talking to me at the job fair.

 

JustUnderPar,
Is that your German Shepherd?