age 60 rule new twist!!
#11
Originally Posted by Randal
ps, maybe, its a mute point because looks like i`ve got that A320 capt job that i wanted in India, yippeee.
#13
Originally Posted by mike734
Secondly, don't go to India. You will hate the heat, smell, humidity, humanity and disease. Or maybe you won't. I know I would hate it over there but I'm spoiled. Have you thought about that?
Not my cup of tea, but an interesting place.
#14
Originally Posted by MrJames007Bond
Randal whats the pay scale like over in India??
(1) Kingfisher=10,000 (all of these are tax free) salary, 2,000 for housing and every 6 months that you stay you get 5,000. work 6 and get 1 month off.
(2)Air Deccan=8700 salary 900 housing, 35$ every day that you work, every4 months on, they give you (if you want) 1 month off, but they only pay you 3000 for the month off.
(3) Jagson=9700 salary 900 housing(thats all i know about them)
best of luck
#15
Originally Posted by mike734
First of all it's MOOT not Mute. Sorry, just a pet peeve. Secondly, don't go to India. You will hate the heat, smell, humidity, humanity and disease. Or maybe you won't. I know I would hate it over there but I'm spoiled. Have you thought about that?
the next 6 years in Jamaica mon lol,(MD-83, A320/321.)
my latest adventure has been a 3 month stint flying a LR60 outa Geneva, and ALL of them were great adventures, all hot+humid, smelling of "jerk pork"
so this will be just another adventure
actually Geneva was f---ing freezing lol
ps sorry about "moot" never could spell worth a sh
Last edited by Randal; 04-28-2006 at 06:36 PM.
#16
Originally Posted by Randal
007 there are lots of A320 jobs available in India i have figs for 3---
(1) Kingfisher=10,000 (all of these are tax free) salary, 2,000 for housing and every 6 months that you stay you get 5,000. work 6 and get 1 month off.
(2)Air Deccan=8700 salary 900 housing, 35$ every day that you work, every4 months on, they give you (if you want) 1 month off, but they only pay you 3000 for the month off.
(3) Jagson=9700 salary 900 housing(thats all i know about them)
best of luck
(1) Kingfisher=10,000 (all of these are tax free) salary, 2,000 for housing and every 6 months that you stay you get 5,000. work 6 and get 1 month off.
(2)Air Deccan=8700 salary 900 housing, 35$ every day that you work, every4 months on, they give you (if you want) 1 month off, but they only pay you 3000 for the month off.
(3) Jagson=9700 salary 900 housing(thats all i know about them)
best of luck
#17
Gets Weekends Off
Joined APC: Aug 2005
Position: tri current
Posts: 1,485
Originally Posted by mike734
Just so you know the salary is NOT tax free. There is no such thing in the good old USA. We are the only western country that taxes its' citizens on their world wide income. Sure there is a $70000 exemption IF you file. But you need to file AND pay income tax on the amount over 70K. I know about this, I've been on 3 different contracts worldwide. Of course there is no W2 so......
The amount is $80,000 and is called the " Foreign Earned Income Exclusion ". You only qualify for that by being resident of said foreign country for one full calendar year or being in a foreign country ( ies ) for 330 out of 365 days. After the foreign earned income exclusion you still have your individual tax deductions ( i.e., married filing jointly ) as well as any mortgage interest deduction, etc. In effect, you won't pay any tax until you are over $100,000 in earnings.
In regards to the age 60 rule, I hope that I can retire well before that, but I want to have the option to continue if need be. There are many of us who have had our pensions stolen and spent a large amount of time on furlough in this rocky career. We're not the lucky 5% that have had a smooth career with no fuloughs and no stolen pensions. Better yet, quick upgrades and good pay. We've had to use our savings to survive while on furlough or until the next job came along. We've been junior F.O.s on reserve the majority of our career, never made the big bucks of a captain.
In any event, I would never go to India to work, it'll be China for me
TP
#18
On Reserve
Joined APC: Feb 2006
Position: dl ret
Posts: 11
Originally Posted by Packer Backer
Sorry I don't agree with you, Randal. But equating support for the age 60 rule to racism is the biggest load of bullsh34 I'VE EVER READ! I don't want my family flying on a plane with a pilot that is on the verge of death. Just like I don't want them on a plane that has both engines over TBO (even though they run just fine). Just like I don't want my kids being operated on by a doctor that has shakey hands. And if you are over 60, Randal, trust me, you aren't missed.
Are you to be the DECIDER of the "age 60" rule?
#19
Originally Posted by Typhoonpilot
The amount is $80,000 and is called the " Foreign Earned Income Exclusion ". You only qualify for that by being resident of said foreign country for one full calendar year or being in a foreign country ( ies ) for 330 out of 365 days. After the foreign earned income exclusion you still have your individual tax deductions ( i.e., married filing jointly ) as well as any mortgage interest deduction, etc. In effect, you won't pay any tax until you are over $100,000 in earnings.
In regards to the age 60 rule, I hope that I can retire well before that, but I want to have the option to continue if need be. There are many of us who have had our pensions stolen and spent a large amount of time on furlough in this rocky career. We're not the lucky 5% that have had a smooth career with no fuloughs and no stolen pensions. Better yet, quick upgrades and good pay. We've had to use our savings to survive while on furlough or until the next job came along. We've been junior F.O.s on reserve the majority of our career, never made the big bucks of a captain.
In any event, I would never go to India to work, it'll be China for me
TP
In regards to the age 60 rule, I hope that I can retire well before that, but I want to have the option to continue if need be. There are many of us who have had our pensions stolen and spent a large amount of time on furlough in this rocky career. We're not the lucky 5% that have had a smooth career with no fuloughs and no stolen pensions. Better yet, quick upgrades and good pay. We've had to use our savings to survive while on furlough or until the next job came along. We've been junior F.O.s on reserve the majority of our career, never made the big bucks of a captain.
In any event, I would never go to India to work, it'll be China for me
TP
#20
Originally Posted by Randal
Typhoon, its now gone to 89,000 and also the company in India, takes out tax and then delivers those figs i published to you, so you will be subject to the "no double taxation" clause this was my situation when i worked for Air Jamaica, but i still had to pay the "good ole" IRS something called alternate minimun tax
When I called the State of California they said they wanted their share regardless of whether I paid the feds or not. I moved back to another state when I came back to avoid any questions. Also SSI said I should pay if I wanted SS retirement. Laughable.
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