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Old 27th May 2007, 22:37
  #72 (permalink)  
maggotdriver
 
Join Date: Sep 2005
Location: Cloud cuckoo land
Posts: 107
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why some pilots on the best money will leave suddenly on 1st July, unless they fear the 'super' laws might suddenly change in late '07 (in which case they'll still have plenty of notice to organise their bail out later)?
This in no way counts as financial advice; however, anecdotally I believe that some Captains (first wife - yes, I know) or of good financial management (this is getting quite humorous!) are in a position come the first of July that may prove more prudent to retire. Apparently, with the changes in the super laws there may be quite a number who will have a higher net income (pensioned super tax free) if they leave than if they stay. Anyone who would want to stay after that must have a mental problem with how life works!
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