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Old 26th Apr 2006, 12:44
  #15 (permalink)  
LFFC
 
Join Date: Jun 2005
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I will probably expect to be a knackered 48 year old waiting for my 55 point - and certainly wont expect the treasury to give me a "retention incentive" at that point!
NG

We all understand where you're coming from, but I think you missed something. Most 48 year-old, flt lt aircrew already have a massive retention incentive - PAS and the new AFPS05! Together, these give the lucky recipients a pension at age 55 that (in many cases) betters a wg cdr's.

The problem that now faces PMA is to encourage younger career spine personnel to stay. However, because there are strict limits to the number of PAS that can be signed on, we have developed a demographic bulge of aircrew that prevents us from keeping younger guys by offering them PAS.

I'm really not sure how they can get themselves out of this one - other than by reducing PAS pay and redirecting that money to career spine aircrew.

Last edited by LFFC; 26th Apr 2006 at 12:57.
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