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42GO 06-05-2010 05:40 AM


Originally Posted by chignutsak (Post 821510)
When will the moaning and crying stop? It's here to stay. Deal with it. Plan accordingly for YOUR retirement; a good way to start is to not begrudge someone else's retirement decision.

"AMEN"!!!!!!!!!!!!!!

Night Eagle 06-05-2010 08:29 PM


Originally Posted by 42GO (Post 821846)
What is going to happen when you reach 64 and they announce they have raised the age to 70.....what will your reply be??????

It won't matter because I will be retired at 60. I won't have my Whor#s (girlfriends) in the Asia ruining my businesses. Or my own greedy stupidiity staying in stocks in my late 50's and 60 's.:p

MD11HOG 06-06-2010 05:07 AM


Originally Posted by Night Eagle (Post 822174)
It won't matter because I will be retired at 60. I won't have my Whor#s (girlfriends) in the Asia ruining my businesses. Or my own greedy stupidiity staying in stocks in my late 50's and 60 's.:p

Your family probably enjoys having you around. Some guys don't have to worry about that.

Fireball 06-06-2010 04:39 PM

Yeah the rule sucks, but it is what it is. I'm not staying past 60 and I'm hoping to be gone at 55 if I can even make it that long. Can't do much about those who made poor financial decisions and need to stay longer. That's their problem. Some of you need to get a hobby and spend less time here, or worrying about the seniority list, or who's not retiring, etc. Personally, if I get furloughed, I'm going to get a part-time job at Starbucks or something and spend more time at my hobbies. So get a hobby and maybe you'll realize that there is a life outside of UPS. Otherwise, what makes you any different than the >60 guys who have no life outside of work? Think about it... you're killing yourself stressing out over something completely beyond your control.

FliFast 06-06-2010 08:55 PM

Just curious...why was the age changed to 65. Serious answers only please.

And for those that lobbied hard for the change...when someone asked you if this would stunt the career progression of the junior pilot and/or lead to furloughs, what was your answer.

Serious answers only...I like to hear both sides of every story.

FF

navigatro 06-06-2010 09:26 PM


Originally Posted by FliFast (Post 822602)
Just curious...why was the age changed to 65. Serious answers only please.





FF

It was changed so the U.S. FAR would match ICAO regs.

Slice 06-06-2010 10:16 PM


Originally Posted by navigatro (Post 822610)
It was changed so the U.S. FAR would match ICAO regs.

Really? So when do we get their improved rest rules too?:rolleyes:

navigatro 06-06-2010 10:27 PM


Originally Posted by Slice (Post 822614)
Really? So when do we get their improved rest rules too?:rolleyes:

As soon as the airlines stop lobbying: never

CactusCrew 06-07-2010 04:14 AM


Originally Posted by navigatro (Post 822610)
It was changed so the U.S. FAR would match ICAO regs.

Agreed. And to the politicians, a move that eased pressure on the already strained PBGC.

767pilot 06-07-2010 04:19 AM


Originally Posted by CactusCrew (Post 822654)
Agreed. And to the politicians, a move that eased pressure on the already strained PBGC.

have you seen the accounting on that one? We just got a letter from the PBGC and it seems to me that the longer you wait (65 instead of 60) you get a much larger benefit from them, making it more expensive not less. OK, maybe they'll pay fewer years making it neutral, but I don't see the savings. As fast as that thing went through, I can't imagine much thought was given to accounting items.


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