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Old 20th Feb 2015, 19:30
  #39 (permalink)  
Numero Crunchero
 
Join Date: Oct 2006
Location: Hong Kong
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curtain rod

How about a bit of perspective. Look at all the cabin crew who were supposed to leave in their 40s who are now legally allowed in their 50s?

For the pilots - the 'monetary package' has changed enough to make working to 65 more a necessity rather than an option.

EG just from my point of view - being Oz based has cost me a few years of extra work for nothing ie if i had stayed on COS99 and retired at 55 my total assets would have equalled X. To get to 'X'on the base will take me till 58or 59 at least due to local tax, lower salary, loss of benefits etc

Not having a whinge - my choice to take the salary/benefit cuts - but often people working past 55 are doing so to recover lost benefits...it is not necessarily about getting extra gravy from the trough!
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