Age 60 and the B-Fund
10-05-2006, 01:29 PM
#121
Gets Weekends Off
Joined APC: Aug 2005
Position: Retired
Posts: 980
George (oooops, I mean FoxHunter),
If you had planned properly, you wouldn't need to fly past 60. Assuming you did plan properly, why not hang it up and do the rest of us a favor. If they raise the retirement age then you threaten my seniority. If they leave the retirement age at 60 then I have to worry about having you as my engineer one day. I'm not sure which is worse?
I plan and hope to retire at age 60 despite my experience at "a once great airline." I'm also one of those guys that won't max out my FedEx A fund 50% benefit. That's OK with with me. I'd appreciate if you don't mess with my retirement plans ...
Maybe you could volunteer at a local aviation college and enlighten all those young minds if you don't have any hobbies that might keep you busy in retirement?
Keep the blue side up ...
Regards,
Mark
If you had planned properly, you wouldn't need to fly past 60. Assuming you did plan properly, why not hang it up and do the rest of us a favor. If they raise the retirement age then you threaten my seniority. If they leave the retirement age at 60 then I have to worry about having you as my engineer one day. I'm not sure which is worse?
I plan and hope to retire at age 60 despite my experience at "a once great airline." I'm also one of those guys that won't max out my FedEx A fund 50% benefit. That's OK with with me. I'd appreciate if you don't mess with my retirement plans ...
Maybe you could volunteer at a local aviation college and enlighten all those young minds if you don't have any hobbies that might keep you busy in retirement?
Keep the blue side up ...
Regards,
Mark
Now if you want to retire at age 60 go right ahead. Consider age 55 if your not happy or not up to the job.
Best of luck with your plans.
10-05-2006, 02:06 PM
#122
Gets Weekends Off
Joined APC: Aug 2006
Posts: 110
I don't know if has been mentioned, but Fedex has a mandatory age 60 retirement company wide. If they have not raised the age to 65 for the rest of the company, what makes you think they will for us if the law changes?
From my understanding, the company isn't going to fight us on this issue if the law changes.
From my understanding, the company isn't going to fight us on this issue if the law changes.
10-05-2006, 03:10 PM
#124
Gets Weekends Off
Joined APC: Aug 2005
Position: Retired
Posts: 980
I think may confuse the normal retirement age with a mandatory retirement age. I believe age 60 is the normal retirement age for all at FedEx and all the pension plans. Age 60 is mandatory only for Captains and F/Os in the FAR121 operation. In the contract there is no such thing as a mandatory retirement age, but it does refer to the "Regulated" age. Today that happens to be age 60, next year it may be age 65, ten years from now it may be the same as Canada, New Zealand, and Australia where there is no max age.
10-05-2006, 07:22 PM
#127
Gets Weekends Off
Joined APC: Aug 2005
Position: Retired
Posts: 980
10-05-2006, 10:44 PM
#128
Gets Weekends Off
Joined APC: Sep 2006
Position: DC-10 S/O, forever.
Posts: 116
The rest of the company can retire at age 60 because the pilots were regulated at 60. I think it's been that way for ages.
The rest of the non-flying folks don't want the age raised 'cause they would then have to go to 65 before they could retire. It's that "we're all the same here at Fedex" policy.
The rest of the non-flying folks don't want the age raised 'cause they would then have to go to 65 before they could retire. It's that "we're all the same here at Fedex" policy.
10-06-2006, 02:16 AM
#129
Gets Weekends Off
Joined APC: Aug 2006
Posts: 110
