FDX age change 62
#3
Banned
Joined APC: Nov 2013
Position: 7th green
Posts: 4,378
First of many to come. I predicted long ago that even though a contract said normal retirement was at, for example, Age 60 or 30 years of service, the airlines would change that to "regulatory Age" or some other verbiage.
Why? So their pilots wouldn't be able to early out without losing some or all of their earned retirement benefits.
Why? So their pilots wouldn't be able to early out without losing some or all of their earned retirement benefits.
#7
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
#9
Would I regain your respect if I believed everything The Company said?
It's awful convenient that we agreed to let them change the age, IF ... lo and behold, here's the IF. The next step is the IRS calling shenanigans on the semantics game, and we won't get a full retirement benefit at Age 60.
Call me cynical if you wish. I call the alternative naive, and I'd like to know what good stuff has turned LAG from one to the other in such a short time. Not intended as personal, just an observation of shifting allegiances.
.
It's awful convenient that we agreed to let them change the age, IF ... lo and behold, here's the IF. The next step is the IRS calling shenanigans on the semantics game, and we won't get a full retirement benefit at Age 60.
Call me cynical if you wish. I call the alternative naive, and I'd like to know what good stuff has turned LAG from one to the other in such a short time. Not intended as personal, just an observation of shifting allegiances.
.
#10
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Would I regain your respect if I believed everything The Company said?
It's awful convenient that we agreed to let them change the age, IF ... lo and behold, here's the IF. The next step is the IRS calling shenanigans on the semantics game, and we won't get a full retirement benefit at Age 60.
Call me cynical if you wish. I call the alternative naive, and I'd like to know what good stuff has turned LAG from one to the other in such a short time. Not intended as personal, just an observation of shifting allegiances.
.
It's awful convenient that we agreed to let them change the age, IF ... lo and behold, here's the IF. The next step is the IRS calling shenanigans on the semantics game, and we won't get a full retirement benefit at Age 60.
Call me cynical if you wish. I call the alternative naive, and I'd like to know what good stuff has turned LAG from one to the other in such a short time. Not intended as personal, just an observation of shifting allegiances.
.
When the company say in an E Mail they were legally required to change something, I believe them, and the important thing is they are honoring the intent and have committed to do so in writing. Were I a young guy I would certainly make a copy of that FCIF.
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