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-   -   Don't Forget About Age 60!! (https://www.airlinepilotforums.com/cargo/18613-dont-forget-about-age-60-a.html)

FLMD11CAPT 11-11-2007 02:18 PM

Machz,

You fail to mention that the $100k+ "retirement" wages the over 60 boys would collect is provided by an annuity already purchased by the company. So the above analysis is valid in terms of annual drain on company resources by the Kling-ons. Also, I have no doubt the Accountants are all over this. If/when 65 comes to be look for the Company to say "OK we'll pay you but not train you for a window seat saving.......approx 450 guys x 100k training cost = 45mil.

kronan 11-11-2007 04:10 PM

The company hasn't purchased annuity's. The company has funds set aside to provide for future/expected expenditures. Every Age 60+ guy who works til he dies helps make my pension more secure by not requiring the company spend any of that pot of money.

And, while them continuing to work has an impact on me, it isn't my business. Just as it isn't my business when someone senior to me decides whether to upgrade or not. If it was my business, then I could tell them not to take my upgrade slot, I could make retirement mandatory at age 60. But-I can't....because it's not my business

FDXLAG 11-11-2007 04:23 PM

I'll bet the geezer continuing to work just decreases the amount the company has to pay in. Your pensions security is only as safe as next year stockholders report.

Jetjok 11-11-2007 04:40 PM

OK, here goes. This will be my last post on anything at all related to the Age 60 thing. After this, I'm going to try to just be content with reading all of your comments about it.

1. I've never told any of you how to lead your lives. Frankly, I could care less how you do it, just so long as when we are/were flying FedEx jets, you do it in a professional manner.

2. If you want to work until you're a hundred, or retire next month at age 45, both work for me.

3. If someone wants to work past 60, and the contract says it's ok, then maybe it's ok. If it effects you adversely, get it changed. Certainly you all should have the ability to effect that change with the union. After all, you're in the majority, aren't you?

4. I firmly stand by my statement "Regardless of whether it affects you or not, it's not your business. You do not get to decide how others lead their lives". What I was saying here is that what others choose to do with their lives, as long as it's legal, and causes no harm, is neither your concern, nor your responsibility to try to change said lifestyle. And please don't tell me that because it effects you financially, you have that right, because as someone else here said, if that were the case, you'd be trying to talk anyone senior to you out of upgrading and "taking your slot.", or at minimum, bad-mouthing them for doing so.

Well, obviously I could go on for hours, but it's time for my nap. But before I go, I want to share one last word of wisdom, this specifically is directed to V1 oh, no: When you dress up, try to remember to wear matching socks.:D

JJ Out!

v1 uh-oh 11-12-2007 10:00 AM

Hey, I'm just happy if I remember to put socks on, if they match I'm way ahead of the game:D

7/32

FredEx 11-12-2007 10:25 AM


Originally Posted by Jetjok (Post 261725)
This will be my last post on anything at all related to the Age 60 thing.

PROMISE??:D

MaydayMark 11-13-2007 04:57 PM

APA Urges President Bush Preserve Age 60
 
http://biz.yahoo.com/bw/071113/20071113006355.html?.v=1 :D:D


“We will let our passengers know that for safety’s sake, it’s the right thing to do,” he said.

Falconjet 11-13-2007 06:47 PM

Wow, a union with some stones.

Rock on APA.

Sure wish we could have seen what would happen if ALPA hadn't caved.

FJ

gderek 11-13-2007 06:50 PM

APA Rocks! At least they listen to the majority of their membership!

frozenboxhauler 11-13-2007 08:45 PM


Originally Posted by gderek (Post 262842)
APA Rocks! At least they listen to the majority of their membership!

Even though no one else does:( Remember their last strike, lasted all of about two seconds before Clinton stepped in. There are a few good things about being tied to the AFLCIO. Don't get me wrong, I voted against "W" both times.
fbh


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