Age 65 here we go...
12-12-2007 | 08:45 PM
#31
Gets Weekends Off
Joined: Jun 2007
Posts: 146
Likes: 0
From: MD-11 F/O
You're right. I looked at the old resolution from Jan. The Dec one that just passed took that language out. Those guys looking to avoid the tax hit better retire before the President signs.
12-13-2007 | 04:14 AM
#32
Banned
Joined: Sep 2006
Posts: 206
Likes: 0
From: One foot in the garbage bag...
12-13-2007 | 04:25 AM
#33
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
Likes: 0
From: Doggie
This one that passed last night ... is a completely stand alone bill.
Welcome to the new world order !
Any airlines out there in negotiations need to fight for higher FO pay rates across the board. Like 90 % of what the left seat pays ...
Just glad to be where I am at right now, I think ...
12-13-2007 | 04:30 AM
#34
Proponent of Hysteria
Joined: Jun 2007
Posts: 1,089
Likes: 5
From: "Part of the problem." : JL
Age 65 is the greatest thing since the LOA for FedEx. Instead of paying you 6 figures to sit on your a$$ the day you turn 60, they now get 5 more years of honest work out of you.
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
12-13-2007 | 04:56 AM
#35
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
Likes: 0
From: Doggie
Age 65 is the greatest thing since the LOA for FedEx. Instead of paying you 6 figures to sit on your a$$ the day you turn 60, they now get 5 more years of honest work out of you.
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
From the looks of that ... if the age goes to 66, the grim reaper will be knocking at the flight deck door.
As always, liars figure, and figures lie ... something like that
12-13-2007 | 04:59 AM
#36
Gets Weekends Off
Joined: Aug 2005
Posts: 980
Likes: 0
From: Retired
Age 65 is the greatest thing since the LOA for FedEx. Instead of paying you 6 figures to sit on your a$$ the day you turn 60, they now get 5 more years of honest work out of you.
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
And, to top it off, FedEx gets to send you fewer pension checks when you finally do retire. 10 years less worth, on average. See table below:
Table 1 – Actuarial Study of lifespan vs. age at retirement.
-----------------------------------------------------------------------
Age at.......................................... Average Age
Retirement .....................................At Death
-----------------------------------------------------------------------
49.9 .................................................. ...86
51.2 .................................................. ...85.3
52.5 .................................................. ...84.6
53.8 .................................................. ...83.9
55.1 .................................................. ...83.2
56.4 .................................................. ...82.5
57.2 .................................................. ...81.4
58.3 .................................................. ...80
59.2 .................................................. ...78.5
60.1 .................................................. ...76.8
61 .................................................. ......74.5
62.1 .................................................. ...71.8
63.1 .................................................. ...69.3
64.1 .................................................. ...67.9
65.2.............................................. ........66.8
12-13-2007 | 05:05 AM
#37
Line Holder
Joined: May 2007
Posts: 852
Likes: 0
From: let it snow, let it snow, let it snow
12-13-2007 | 05:09 AM
#38
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
Likes: 0
From: Doggie
ALL the more reason to be on the golf course, by the river, etc ... IN ACTUAL RETIREMENT !
While the table posted may be worthless ... the point is someone just added 5years of productivity to your employer.
And took away 5 years of productivity to our FULL retirement benefits ...
Thank you very little ...
12-13-2007 | 05:15 AM
#40
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
Likes: 0
From: Doggie
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