View Poll Results: Change retirement age to beyond age 65
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COVID and the case for beyond age 65?
05-14-2020 | 10:32 AM
#1
Thread Starter
On Reserve
Joined: May 2013
Posts: 20
Likes: 0
From: Major Airline
COVID and the case for beyond age 65?
Since it’s apparent COVID is going to affect career earnings for next several years, will this push the case for raising the retirement age beyond age 65?
Potentially, you are going to have Captain’s going the right seat for a year or longer, and many on the street for the next year or so. The lost earnings “could” be regained by allowing future pilots to say a few more years at the top end of the pay scale.
Potentially, you are going to have Captain’s going the right seat for a year or longer, and many on the street for the next year or so. The lost earnings “could” be regained by allowing future pilots to say a few more years at the top end of the pay scale.
05-14-2020 | 10:39 AM
#3
Gets Weekends Off
Joined: Sep 2015
Posts: 5,531
Likes: 198
From: UNA
how about we reduce the age to 60, this would help at risk pilots limit their exposure...
can't see a good argument for moving the age past 65. the last several years have proven to be fairly lucrative for airline pilots. I don't think a pandemic that seems to disproportionally affect people over 65 is a good reason to keep people in that age range working.
can't see a good argument for moving the age past 65. the last several years have proven to be fairly lucrative for airline pilots. I don't think a pandemic that seems to disproportionally affect people over 65 is a good reason to keep people in that age range working.
05-14-2020 | 10:50 AM
#4
Gets Weekends Off
Joined: May 2017
Posts: 1,285
Likes: 0
From: 175 CA
Pilots at the top are losing big money right now and the markets are down. It’s going to be difficult to retire in this environment.
Maybe let Age 60+ guys take a leave and come back when a vaccine is available. They could fly till 68-70.
Maybe let Age 60+ guys take a leave and come back when a vaccine is available. They could fly till 68-70.
05-14-2020 | 11:00 AM
#8
Gets Weekends Off
Joined: Nov 2017
Posts: 350
Likes: 0
What? Standard investment allocation should have those with less than 5 years until retirement about 10% in equities. Besides, the S&P and Nasdaq are just about even for the year. If they can’t retire in the next 5, they won’t be able to at all.
05-14-2020 | 11:04 AM
#9
Banned
Joined: Mar 2018
Posts: 1,358
Likes: 0
Since it’s apparent COVID is going to affect career earnings for next several years, will this push the case for raising the retirement age beyond age 65?
Potentially, you are going to have Captain’s going the right seat for a year or longer, and many on the street for the next year or so. The lost earnings “could” be regained by allowing future pilots to say a few more years at the top end of the pay scale.
Potentially, you are going to have Captain’s going the right seat for a year or longer, and many on the street for the next year or so. The lost earnings “could” be regained by allowing future pilots to say a few more years at the top end of the pay scale.
05-14-2020 | 11:04 AM
#10
Banned
Joined: Feb 2008
Posts: 1,317
Likes: 0
From: The Beginnings
OMG. This? Now?
If we worship at the altar of “science”, every man over 60 would be done, every obese and/or high blood pressure (treated) over 50 would be finished.
Until the vaccine everyone assured me is totally going happen.
This an awful can of worms to open. (Unless you’re young....hmmmm)
If we worship at the altar of “science”, every man over 60 would be done, every obese and/or high blood pressure (treated) over 50 would be finished.
Until the vaccine everyone assured me is totally going happen.
This an awful can of worms to open. (Unless you’re young....hmmmm)
