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Old 25th Aug 2018, 09:06
  #31 (permalink)  
unitedabx
 
Join Date: Jul 2018
Location: uk
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No it's not just me and I can't accept anything anyway due family issues. BUT two more of my era have been asked ( informally ) the same question. CX did this before and culled about 100 skippers. It makes financial sense and frees up advancement form RHS to LHS and into C&T.
One months pay for every year over 10 years served plus 3 months severance. All tax free and retirement staff travel immediately. If you have 25 years plus in the company and less than 3 years to go it makes perfect sense.

If you are a little younger you might want to take it and move somewhere else to finish your career. The company doesn't want expensive captains anymore. They save on housing, schooling, medical, pension for a payout they would have made anyway.

I only wish I was in a position to take it.

For some it is a golden ticlket out and I am told it will be offered soon.
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