Age 65 here we go...
12-13-2007 | 05:16 AM
#41
Gets Weekends Off
Joined: Apr 2006
Posts: 653
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From: MD11 F/O
I have had multiple Captains tell me they will retire before the age is changed to 65 in order to avoid the retiring early penalty and the tax hit to their B funds inherent in the age change. According to the bill, "This Act shall take effect on the date that is 30 days after the date of the enactment of this Act." How many days notice do you have to give the company if you are planning to retire?
12-13-2007 | 05:22 AM
#42
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
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From: Doggie
"I don't know how we are going to survive on only FE pay when he turns 60 in a few months. We won't be able to make ends meet and pay the mortgage with only that and his military retirement ..."
There's your proof ...
12-13-2007 | 06:59 AM
#44
Line Holder
Joined: May 2006
Posts: 89
Likes: 0
From: M1F F/O
12-13-2007 | 07:58 AM
#46
Down, 3 Green
Joined: Feb 2006
Posts: 103
Likes: 0
From: MEM A300
More specifically...
H.R.4343
Title: To amend title 49, United States Code, to modify age standards for pilots engaged in commercial aviation operations.
Sponsor: Rep Oberstar, James L. [MN-8] (introduced 12/11/2007) Cosponsors (7)
--------------------------------------------------------------------------
MAJOR ACTIONS:
12/11/2007 Introduced in House
12/11/2007 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 390 - 0 (Roll no. 1144).
12/12/2007 Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
Title: To amend title 49, United States Code, to modify age standards for pilots engaged in commercial aviation operations.
Sponsor: Rep Oberstar, James L. [MN-8] (introduced 12/11/2007) Cosponsors (7)
--------------------------------------------------------------------------
MAJOR ACTIONS:
12/11/2007 Introduced in House
12/11/2007 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 390 - 0 (Roll no. 1144).
12/12/2007 Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
12-13-2007 | 08:59 AM
#48
Gets Weekends Off
Joined: Jul 2007
Posts: 395
Likes: 0
From: MD-11
Is there any further question concerning the unreliability and utter deceipt of ALPA. This move just cost every FO and SO five or so years of CAPT pay...and we're paying dues for this!!!!! Well, maybe not for long!
12-13-2007 | 09:01 AM
#49
On Reserve
Joined: Aug 2006
Posts: 18
Likes: 0
what about VEBA - 50 cents an hour is given up for nice pots of money for those reaching a certain age....now they can work - and be covered/pay for regular medical coverage - for 5 more years. where's all that money going? are they going to push the age up 5 years to get it?
12-13-2007 | 10:37 AM
#50
...Whatever It Is!
Joined: Jul 2006
Posts: 4,680
Likes: 0
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