“I’m just staying till 62 because...
#21
Gets Weekends Off
Joined APC: Jul 2009
Posts: 1,224
#22
Maybe I'm missing something, so I'm open to being corrected. But most guys that are at or approaching retirement age at FedEx have been here a while. If we discount the later in life arrivals from the military (since they have a mil pension and health care), a lot of pilots heading out the door in the next decade have had many good years as a WB Captain. Quite a few have been WB Captains since the early 2000s. So, my sympathy meter for wasting negotiating collateral on lowering the cost of their health care until medicare kicks in is ZERO!!
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
#23
Gets Weekends Off
Joined APC: Jul 2009
Posts: 1,224
Maybe I'm missing something, so I'm open to being corrected. But most guys that are at or approaching retirement age at FedEx have been here a while. If we discount the later in life arrivals from the military (since they have a mil pension and health care), a lot of pilots heading out the door in the next decade have had many good years as a WB Captain. Quite a few have been WB Captains since the early 2000s. So, my sympathy meter for wasting negotiating collateral on lowering the cost of their health care until medicare kicks in is ZERO!!
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
The 25K VEBA in the 2006 CBA was a giveaway. It just gave the money to those over 55.
Last edited by golfandfly; 04-10-2020 at 08:44 AM.
#25
Gets Weekends Off
Joined APC: Nov 2017
Posts: 2,099
Maybe I'm missing something, so I'm open to being corrected. But most guys that are at or approaching retirement age at FedEx have been here a while. If we discount the later in life arrivals from the military (since they have a mil pension and health care), a lot of pilots heading out the door in the next decade have had many good years as a WB Captain. Quite a few have been WB Captains since the early 2000s. So, my sympathy meter for wasting negotiating collateral on lowering the cost of their health care until medicare kicks in is ZERO!!
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
All pretty good points. My point to the OP is that there is a (better?) alternative than having a POTUS that advocates for lowering Medicare eligibility age. With that said, despite your points, I’m not against improvements in this part of the contract. Money saved is money saved, regardless if it’s in the front end with our B fund or on the back end with premium savings, assuming one decides to retire early.
#26
Age 65 retirement a Blessing
No sense in telling everyone you are leaving at any particular age .............. You just don't know what cards are in store for your in the game of Life ................ I stayed all the way to 65 because I loved my Seniority and the guys and gals I was working with, period. I retired in the low 700 range of Master Seniority ,out of whatever the last Seniority number is now, got my line number at age 40 .............
#27
Line Holder
Joined APC: Feb 2014
Position: B757/767 Both Seats
Posts: 48
#28
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,377
Maybe I'm missing something, so I'm open to being corrected. But most guys that are at or approaching retirement age at FedEx have been here a while. If we discount the later in life arrivals from the military (since they have a mil pension and health care), a lot of pilots heading out the door in the next decade have had many good years as a WB Captain. Quite a few have been WB Captains since the early 2000s. So, my sympathy meter for wasting negotiating collateral on lowering the cost of their health care until medicare kicks in is ZERO!!
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
It's not like this is a surprise. PLAN your retirement. You've got millions in your B-fund. You're going to be making close to $130K per year in today's dollars, which is substantial still. Someone making WB Captain pay for over a decade has no excuse for being unprepared for retirement health care costs. If you have been an idiot financially and spent all your money like a drunken sailor or funding multiple divorces, then work until the bitter end. I could care less. You'll die sooner and stop tapping Uncle Sugar's medicare fund. Tell me your sob story over a beer and I'll listen sympathetically while scoffing on the inside. If you can't bridge the cost of health care between retirement and 65 with the money this job provided you, then you don't deserve any extra consideration in our next round of negotiations. You'd probably just screw that up too.
#29
Age 65
Maybe the older Tigers guys, but not all of us. I don't have a military retirement, but I did serve and got here late in life due to the lack of hiring in the industry in the early to mid 90's. I got stuck in the right seat by age 65, so I don't have 20 years in the WB Captain seat. I will stay until 65, and like the guys ahead of me, who reclaimed the Captain seats from the back seat said at the time, "It's none of your business how long I stay" and "It's my seat until I am ready to leave it." So to any young, junior guy that wants to tell me to leave, they can go pack sand.
#30
Line Holder
Thread Starter
Joined APC: Jun 2014
Posts: 71
I agree people can stay as long as they wait. If they change the 65 limit....fly till they die as some of our guys would do. I just have an issue with the people acting righteous and acting above the age 65 retirement guys saying “the only reason I stay, is because of insurance”
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