CAL Reduction Bid
05-21-2008 | 03:54 AM
#31
HOSED BY PBS AGAIN
Joined: Mar 2005
Posts: 1,713
Likes: 0
I recently had an IAH 737 captain on my jumpseat to LAX. He said he's turning 60 in AUG and bailing in NOV, as are approximately 200 other CA's at CAL. Said the way they are going to figure retirement money based on the new system Bush signed in to law would cost them approximately $50,000 a year in "free" work to the company. He said he'd rather retire than work for free, as would the other pilots planning to retire. This would certainly be good news for those on the bottom of the list. Just hope it's true. 
05-21-2008 | 07:40 AM
#32
Gets Weekends Off
Joined: Jan 2006
Posts: 423
Likes: 0
From: 737/FO
I'm junior - about 90%. Before age 65 passed I was moving up about 15 to 20 seniority numbers per month. After it passed I was moving up 5 to 7 numbers a month (Jan - May).
This month (June) I moved up 28 numbers, including a 2% move up in BES. Maybe it's starting already.
This month (June) I moved up 28 numbers, including a 2% move up in BES. Maybe it's starting already.
Last edited by WEACLRS; 05-21-2008 at 07:46 AM.
05-21-2008 | 07:57 AM
#33
HOSED BY PBS AGAIN
Joined: Mar 2005
Posts: 1,713
Likes: 0
I'm "hoping" this age 65 thing was just a novelty and the "fun-ness" has worn off. Why anyone would want to continue to deal with TSA, delays, commuting, and generally and industry that is down the toilet, etc., is anyones guess, but when 60 comes my way, I'll go enjoy a nice retirement. 
05-21-2008 | 08:20 AM
#34
Gets Weekends Off
Joined: Jan 2006
Posts: 423
Likes: 0
From: 737/FO
I'm "hoping" this age 65 thing was just a novelty and the "fun-ness" has worn off. Why anyone would want to continue to deal with TSA, delays, commuting, and generally and industry that is down the toilet, etc., is anyones guess, but when 60 comes my way, I'll go enjoy a nice retirement.
05-21-2008 | 11:57 AM
#37
Gets Weekends Off
Joined: Feb 2008
Posts: 847
Likes: 0
From: 757/767 FO
Please ask these sane, responsible, and well-grounded gentlemen to urge their peers at other airlines to do the same!!
05-21-2008 | 01:19 PM
#38
Recommend Retention
Joined: Jun 2007
Posts: 1,077
Likes: 0
From: Bigfoot
You only have to look around and see how many idiots there are at CAL with their 3rd wife and miscellaneous boats and planes laying around to see that they don't exactly demonstrate any sort of financial responsibility in their day to day routines. It amazes me how little propaganda is floating about to spell it out for these guys about how foolish it is to stick around. Many of them have had 30+ years to plan for this. They're running out of excuses and I'm running out of sympathy.
05-21-2008 | 02:15 PM
#40
HOSED BY PBS AGAIN
Joined: Mar 2005
Posts: 1,713
Likes: 0
I've seen three retirement notices up in the past week. Good news for a change (although their could be a LOT more). The way things are going, if I had a lump sum of $750,000+ I'd be gone yesterday. Some of these guys are gambling a lot on what might just be a losing horse.......
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