CoefficientX

Statements like this are very judgmental. Not sure why it keeps coming up. If you could see my W2’s starting in 2000 moving forward to about 2012 or so maybe you’d get it, otherwise, shut it.

Scoop

Not always true. While all Pilots were screwed following 9-11 some were hit a lot harder than others. Pilots hired recently have had the ability to make over 300K within a few years. Many of the FOs that got 5 bonus years in the right seat could not break even 200K consistently until after year 15. I am thinking 99 -2001 hires. Early 2000 hires were furloughed and came back to $85/hour on year 5 and the next 5 years or so were not much better. So while there are always the folks making bad financial decisions some folks were legitimately screwed.

With that said BK and the DB termination were 17 years ago and anyone still around had plenty of time to plan. The folks who were most harmed are long gone now. The DB ain’t coming back and I am really amazed some Pilots still want to fight for it. When 100% of the DAL pilots had a DB we weren’t willing to fight for it and voted it away with LOA 51.

Scoop

zippinbye

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^^^^^. This ^^^^^^^^^^^^^^^^^^^^^^^
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^^^^^^^ Not so much in my case and many others I know ^^^^^^^^^^^^^^^^

17 years does not a pension offset make! Plenty of pilots in this realm that are not long gone. I'm around another 5+ years, and I'm a couple of years earlier in the "program" than you mention. Not a DL hire, so there was no lack of willingness to fight for the pension. I got screwed, period. I also fought tooth and nail against > 60 retirement, but that was 100% counting on the DB at the time. I changed nothing in my retirement planning profile, aside from not buying an airplane and/or a yacht. Also have the fortune of one marriage. Max 401K/IRA and other savings vehicles since early 20's, although I did allocate some energy to a predictable income stream that otherwise would have been just an account balance. No matter what my statements say, nothing I did or could have done is a substitute for the 60% FAE pension I was anticipating. It really amazes me how many newer and junior pilots casually dismiss the loss so many have endured. I'm not advocating for any sort of pension claw-back, but I would not object to a mystical unicorn-propelled pension sleigh pulling up in to my house, along with the Publishers Clearing House van! That said, I'm not sure why so many are quick pass judgement on the individual circumstances others are subject to. I'm probably fine, but financial security is a state of mind in addition to real assets. Maybe I'm irrationally insecure, but to me, the pension was "a thing."

Nantonaku

You lost me at people can make 300k “within a few years”. How many people? 5 in NY? Are these the same people that were UNA and NFLY the last two years and barely broke $100k for two years straight. Anyone making that much in a few years is a unicorn and has no life.

CoefficientX

You have no idea how tone deaf this sounds to 2000 hires.

Nantonaku

Yeah, you were the only person here who went through bankruptcies and furloughs.

Nantonaku

I'll gladly compare my W2's with your from 2000 to 2012. I'll bet you made 3X what I made. Seems like you are the one being judgmental.

CBreezy

You made between 8k and 15k for 12 years?

JamesBond

Whatever reason anyone wants to work past tomorrow is none of your concern. Some people have no desire to golf or fish until they die. Besides, you can quit anytime between now and age 65. (Hopefully at least 67 is on the horizon). Enjoy what you have.

CoefficientX

What part of shut it don’t you get?