French Age 60 Rule
Does anyone know the real reason the French apply the 60 limit? Because people are living longer and are therefore having a negative financial effect as pensioners and also because the financial world is producing poorer investments there are obvious pressures for everyone to work longer. Presumably well paid French pilots would prefer to retire to generous pension schemes at 60 and this would be the union preference. But surely officialdom/Air France would have the opposite view? Could it be that French pilots enjoy some preferential tax treatment because they retire earlier than normal and so if they retire at a normal age they would lose that tax advantage?
JAR-FCL 1.060 shows Italy having the same exception to the age limit as France. Does anyone know if Italy will give individuals permission to continue past 60?
Thanks for any information