PPRuNe Forums - View Single Post - US House of Representatives passes the Freedom to Fly act of 2007
Old 16th Dec 2007, 11:43
  #69 (permalink)  
Huck
Trash du Blanc
 
Join Date: Mar 2001
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The sad thing is, for ~40 years the Age 65 idea would have made everyone gag - senior airline pilots were incredibly well paid, with great schedules and awesome pensions. It was just greed and self-centeredness to want to stay past 60.

But now, the mighty have fallen. According to the AA openers, major airline pay is down 50% in real dollars since 1992. Pensions are extinct. Schedules are "optimized." Working past 60 is a financial requirement for more and more pilots.

My uncle did 20 years at UAL. He retired and gets ~$30,000 a year pension. He's flying Citations to make up the difference, at the age of 66.

So... my career took a big wallop, but there's some righteous guys and gals out there who won't have to push buggies at Walmart, at least for 5 more years.

"Keep on the sunny side....."
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