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NetJets Age 70 Mandatory Retirement

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Old 04-29-2018, 08:31 AM
  #31  
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Originally Posted by Allegheny View Post
One issue not cited on this thread is that without some type of mandatory retirement age the union could make the argument that when an over 65 pilot lost his medical he was not in fact retired but he was disabled and therefore he could qualify for disability under provisions of the contract.
Loss of Medical was a big reason NetJets wanted a MRR. The 3 year LOM plan costs the company roughly $350K in salary and a lot in medical cost since they're self insured.

NJA must have had doubts about how soon they could get age 65 MRR passed, I think that's why they offered age 70 if the Union would join them in backing it. Their savings are a lot less with age 70.
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Old 05-03-2018, 03:43 PM
  #32  
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Has anyone run the numbers for mandatory retirements with the age 70 rule?
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Old 05-04-2018, 09:58 AM
  #33  
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Originally Posted by Bonanzer View Post
Has anyone run the numbers for mandatory retirements with the age 70 rule?
The proposed rule only applies to NetJets, and there's only around 25-40 pilots that will be affected. (out of 2400-2500 pilots total) The rest are already on medical leave and most of those will lose their LOA benefits since they'll be terminated.

The age 70 still has to pass the Senate and then any differences worked out in conference.
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Old 05-04-2018, 10:54 AM
  #34  
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Originally Posted by Allegheny View Post
One issue not cited on this thread is that without some type of mandatory retirement age the union could make the argument that when an over 65 pilot lost his medical he was not in fact retired but he was disabled and therefore he could qualify for disability under provisions of the contract.
Actually that's reasonable. A retirement system should be constructed as such; using a disability system in that manner would not likely be sustainable (or equitable for everyone).
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Old 05-08-2018, 05:50 PM
  #35  
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Default OMG. Just retire. Go enjoy life!!

Age 70 is Bull****! 65 is correct. (I won't bother with the science--check the facts yourself; as well as the ruling from the 5th (https://www.nbaa.org/admin/personnel...rimination.php)

Ge the hell out the way. Let the younger men have a chance. I know you've got to pay for those 3+ wives, but ****, you should have had a better plan.

That's a FAA SCREENING exam. NOT a qualification for astronaut. I know 99% of your's only plan for retirement is to die in the seat. You know it. Quit hiding behind the AARP and any age-discrimination B.S.

Young guys are not going to spend $250K to become ATP certified to sit co-pilot to an old guy that doesn't have enough sense (left) or honesty in his diminished abilities to get out of the profession.

So quit the 50-shades of gray circle-jerk and go enjoy life!!
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Old 05-09-2018, 03:33 PM
  #36  
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NBAA has come out publicly against the age 70 limit.

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Old 05-09-2018, 03:35 PM
  #37  
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Originally Posted by hawkerpilot05 View Post
NBAA has come out publicly against the age 70 limit.

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That's because they're getting desperate for pilots and the over 65 guys from the airlines are a source. Maybe not a great source, but a source.
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Old 06-08-2018, 01:55 PM
  #38  
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https://cookcountyrecord.com/stories...o-change-rules

Interesting age discrimination ruling for United Airlines...

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Old 06-08-2018, 04:07 PM
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Originally Posted by Chris99 View Post
https://cookcountyrecord.com/stories...o-change-rules

Interesting age discrimination ruling for United Airlines...

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Sure, but this wasn’t a federal mandate via legislation.


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Old 06-10-2018, 03:41 PM
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We've had a few at NJ who talked about suing the union for it's "involvement" in the age 70 rule. Of course, the union was trying to get them another 5 yrs from the company's age 65 stance (improving their bank account by about $600,000) but never mind that.

The post above is enlightening, and may mean the end to any litigation the 70+ pilots at NJ had in mind (as ridiculous as it may seem).
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