It looks like the age sixty rule is getting pretty contentious again........The U. S. Senate is expected to take up S. 824, the FAA Reauthorization Bill, in the next few days. During consideration of that bill on the Senate floor, Republican Senator Jim Inhofe from Oklahoma will offer an amendment to repeal the Age 60 Rule. The Inhofe Amendment would immediately increase the retirement age to 63, opening the way for retired pilots, age 63 or less, to return to the cockpit. Thereafter, the retirement age would be increased to 66.
Many Pilots are naturally concerned about the effects that repeal of the Age 60 Rule, as proposed in the Inhofe Amendment, would have on their career expectations. For the nearly 14,000 (10,000 ALPA) pilots who are on furlough, passage of this legislation could extend their period of unemployment. For those of you who are looking forward to retirement in the next few years, it could result in changes in your retirement plans and benefits.