Re: Stop The Law Project To Let Pilot Work Until 65 Years Old
I saw this happening some years ago.
We started with Final Salary pensions Schemes at 55
That changed to FSPS's to 60.
Then money purchase pension schemes.
Then no schemes at all.
Finally pay for your own type rating and uniform and "think your self lucky if I allow you to fly".
As someone who was lucky to retire at 55 and have interests outside flying let me advise you all. If you go at 65 you will all be too old to enjoy the fruits of your hard work over the previous 40 years. The grim reaper is behind you and a lot closer at 65 than 60.
Frankly I cannot see what would attract any young person to pay the cost of joining this profession other than the old Ernest Gan reason: Big Watch big wings and a **** to go with it – something most people grow out of by the time they are 30. As someone said many years ago “show me your salary slip; Ill show you your status”. Welcome to the world of a Mug in a cheap suit - Virgin Rail train drivers get better remuneration than half of the contributors on this site.