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Originally Posted by ReserveCA
(Post 3421215)
Either raise it or give me full SS benefits at 65
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Originally Posted by Andy
(Post 3421312)
I'm counting on being able to go on LTD if the age changes. So, $11K/mo tax free.
That will help supplement my income as a Walmart greeter. |
Originally Posted by 172skychicken
(Post 3421420)
Well, that certainly got people stirred up. DALPA put out a similarly vague message. Impossible to gauge what the likelihood of this actually happening is without more details. ALPA opposes the change at the national level, and numerous resolutions that have been introduced at DALPA LEC meetings have been overwhelmingly voted down by membership. I also find it very hard to believe that management at the major airlines support this change either. If those groups don't coalesce around the change, it's DOA. They both have extensive lobbying apparatuses that they'll deploy to oppose the change, which is a key difference from what happened last time the age changed. I think one of two things is happening. Either some of the independent regionals and/or perhaps some of the ULCCs are working with their representatives to enact the change to stem attrition, or the unions are attempting to galvanize support against a hypothetical change to head it off before it becomes a more legitimate possibility.
I just can't see any of the big 6 management teams supporting this. At Delta, we had by far the highest early out participation amongst the majors and we still only need to hire at this pace for another year or so before mellowing out to a more normal pre-covid pace. I just can't see them chasing such a high cost change to head off an issue that will likely have come close to working itself out by the time a change like this would have even been implemented. It seems like it would be MUCH cheaper for them to go after some of the barriers affecting the regional carriers, like the 1500 hour rule and the 1000 hours required for upgrade. And perhaps this is a move where they say that they gave this approach a try, couldn't make it happen, so now they have to go to the lower end and lower the 1500 hour rule. Something they can tell the politicians "look, we tried to add retirement but it just won't work, so we need to lower 1500 to 1000" or something along those lines. |
What if they say no LTD after 65?
Fly because you enjoy it….. |
One unintended consequence of increasing the retirement age is increased attrition - FROM THE BOTTOM - at airlines that already have a lengthy upgrade. Our airline’s most junior Captains have been here around 10 years. Why stick around and wait for 14 years if Brand X will upgrade you in 5?
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Originally Posted by ReserveCA
(Post 3421732)
What if they say no LTD after 65?
Fly because you enjoy it .. |
Hell I was mad when they made it 65. I wanted to be forced out.
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Originally Posted by Margaritaville
(Post 3421756)
Hell I was mad when they made it 65. I wanted to be forced out.
I wonder how many guys would stay till 68 just cuz the pants in the family makes the decision. |
Retirement age 67
Originally Posted by Al Czervik
(Post 3421771)
I wonder how many guys would stay till 68 just cuz the pants in the family makes the decision.
1. The overwhelming majority would stay until 68 if medically able to do so. 2. The same number would tell their FOs that they intend to retire at 65 anyway. https://media0.giphy.com/media/wzxK9cmYgIPDy/giphy.gif |
Originally Posted by Margaritaville
(Post 3421756)
Hell I was mad when they made it 65. I wanted to be forced out.
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