UPS-Any speculation????????
12-13-2007 | 12:47 PM
#62
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Joined: Mar 2007
Posts: 134
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From: No more APC 4 me. Quit because of moderation.
Sorry, but it looks like you're wrong on that.
"Sec. 44729. Age standards for pilots
`(d) Sunset of Age 60 Retirement Rule- On and after the date of enactment of this section, section 121.383(c) of title 14, Code of Federal Regulations, shall cease to be effective."
"Sec. 121.383 Airman: Limitations on use of services.
(a) No certificate holder may use any person as an airman nor may
any person serve as an airman unless that person--
(1) Holds an appropriate current airman certificate issued by the
FAA;
(2) Has any required appropriate current airman and medical
certificates in his possession while engaged in operations under this
part; and
(3) Is otherwise qualified for the operation for which he is to be
used.
(b) Each airman covered by paragraph (a)(2) of this section shall
present either or both certificates for inspection upon the request of
the Administrator.
(c) No certificate holder may use the services of any person as a
pilot on an airplane engaged in operations under this part if that
person has reached his 60th birthday. No person may serve as a pilot on
an airplane engaged in operations under this part if that person has
reached his 60th birthday."
"Sec. 44729. Age standards for pilots
`(d) Sunset of Age 60 Retirement Rule- On and after the date of enactment of this section, section 121.383(c) of title 14, Code of Federal Regulations, shall cease to be effective."
"Sec. 121.383 Airman: Limitations on use of services.
(a) No certificate holder may use any person as an airman nor may
any person serve as an airman unless that person--
(1) Holds an appropriate current airman certificate issued by the
FAA;
(2) Has any required appropriate current airman and medical
certificates in his possession while engaged in operations under this
part; and
(3) Is otherwise qualified for the operation for which he is to be
used.
(b) Each airman covered by paragraph (a)(2) of this section shall
present either or both certificates for inspection upon the request of
the Administrator.
(c) No certificate holder may use the services of any person as a
pilot on an airplane engaged in operations under this part if that
person has reached his 60th birthday. No person may serve as a pilot on
an airplane engaged in operations under this part if that person has
reached his 60th birthday."
I still think that the over 60 guys at UPS are not going to realize a huge windfall due to this (very likely) rule change.
If UPS decides to retire the classics (maybe they will change their minds now because of the rule change??) the more junior FEs may actually fare better than the senior FEs, because they will be displaced first.
It is possible that the most junior pilot on a DC8 could be the Captain under the right (or wrong) circumstances.
12-13-2007 | 12:52 PM
#63
Next 24 hr layover…
Joined: Apr 2005
Posts: 538
Likes: 25
One thing that is certain is this - it is what it is. Whether we discuss it online or in the cockpit, the rule will still be the rule.
I'm in my mid-30's and to be honest, I'm very neutral on this topic - like I said, it is what it is. On the one hand, I very well could have retired at 60 or possibly sooner. On the other hand, I just got a $5 million raise in total compensation if I decide to work to 65. I guess it depends on how you look at it. I tend to see it as it is and try to make the best of the situation.
I'm in my mid-30's and to be honest, I'm very neutral on this topic - like I said, it is what it is. On the one hand, I very well could have retired at 60 or possibly sooner. On the other hand, I just got a $5 million raise in total compensation if I decide to work to 65. I guess it depends on how you look at it. I tend to see it as it is and try to make the best of the situation.
12-20-2007 | 04:17 AM
#64
Banned
Joined: May 2006
Posts: 540
Likes: 0
So what you are saying was that if it was the old pay scales you wouldn't want to come back? Or are you saying you only want to stay because of the new pay scales?
Or are you saying since everyone (young and old) worked together to get those "new" pay scales the ones who should benefit from it the most are one certain (age dependent?) group?
Help me out, I'm obviously confused by what your point is.
Or are you saying since everyone (young and old) worked together to get those "new" pay scales the ones who should benefit from it the most are one certain (age dependent?) group?
Help me out, I'm obviously confused by what your point is.
How many years did you do in the military? Did you get a retirement over there too? Inquiring minds want to know.
Biff
12-20-2007 | 06:01 AM
#65
Gets Weekends Off
Joined: Mar 2006
Posts: 441
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From: SDF A300 FO
I agree with you that it is what it is. However, one point of contention is that this may NOT be a $5 million dollar raise. It is just deferred income that you could have made as a CA earlier in your career but now will have to wait to get. This means that I HAVE to work to 65 just to be able to realize my financial goals in the retirement arena. But, now I'm just happy to be able to sit for 5 more years on reserve...
12-25-2007 | 06:06 PM
#68
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Joined: Apr 2007
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