Age 67

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08-06-2022, 08:12 AM

#161

Mytime2025

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Joined APC: May 2022

Posts: 411

Quote:

Originally Posted by Broncofan

no you didn’t hurt my feelings, but I think you are trying to play off your personal needs as what is best for us all. A pension has proven to be a bad idea in the airlines. Give me a significantly better pay rate that will contribute to my 401k B plan any day over a pension that will just be taken away at some point in my career.

The laws have dramatically changed since 2003. Pensions are much more protected in bankruptcy today. A 401k is NOT retirement it's savings. You should be able to retire and leave your 401k intact until RMD about to be raised to 75. Do you really have 10 yrs worth of savings? I highly doubt it. SS at 65 will impose a 25% penalty on your payments so pilots are screwed on that as well. Only pilots able to stroll into retirement and keep the 401k growing are FedEx and UPS and you don't want a pension? That kind of thinking is what got us this TA.

08-06-2022, 08:21 AM

#162

Mytime2025

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Joined APC: May 2022

Posts: 411

Quote:

Originally Posted by ThumbsUp

I’m just correcting what you said. Biden didn’t say anything. Had he said something, it would have given credence to the claim that congress couldn’t pass something and the president would sign it into law. Not that I think that there is enough support in either chamber to make that happen at the moment.

If Dems don't get on board with 67 you can bet the midterm.ads are being prepared as we speak blaming them for all the air travel chaos. If Repulicans win the WH in 24 it's singed into law Jan 20th. Having air travel.chaos blamed on Dems when a very simple solution is sitting in front of them is not smart politics. Traveling constituents far outnumber a few pilots.

08-06-2022, 08:24 AM

#163

JurgenKlopp

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Joined APC: Jun 2019

Posts: 502

Quote:

Originally Posted by Mytime2025

Do you think with the massive everyday problems the general public is facing that anyone is gonna give a shade about air travel chaos by Sept and October? Hint hint you don’t have any future in a campaign war room…

08-06-2022, 09:26 AM

#164

Myfingershurt

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Joined APC: Jul 2015

Position: MD-88 FO

Posts: 1,572

Quote:

Originally Posted by Mytime2025

I will all but guarantee there will be zero adds that mention required pilot retirement age. ZERO. Why do you keep tilting at windmills?

08-07-2022, 09:38 AM

#165

13n144e

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Joined APC: Nov 2010

Position: 787 CA

Posts: 425

Quote:

Originally Posted by Mytime2025

Graham and Blumenthal were just on CNN discussing a handful (a small handful) of bipartisan issues. Age 67 wasn’t one of them. Never even came up. Not saying it won’t happen but if it does it will probably be with the FAA reauthorization bill which is over a year away. And it won’t be bipartisan. No way Schumer will let this go to the floor so it depends on what happens with the Senate this November. Which is why Graham is introducing it now.

08-09-2022, 01:40 PM

#166

guppie

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Position: B-737 Captain

Posts: 657

I've said it again and again, till I'm blue in the face. Age 67 is DEAD in this Congress. Be sure and take note. Vote accordingly this November.

08-09-2022, 02:11 PM

#167

Gspeed

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Joined APC: Jan 2014

Posts: 2,036

Quote:

Originally Posted by SonicFlyer

I am a pilot, just like pretty much everyone else here.

But are you one of those management weenies who likes to brag how they are a “pilot” yet haven’t seen the line in years, if ever? I’ve run into that type plenty of times before.

08-09-2022, 03:37 PM

#168

SonicFlyer

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Joined APC: Apr 2017

Posts: 3,822

Quote:

Originally Posted by Gspeed

But are you one of those management weenies who likes to brag how they are a “pilot” yet haven’t seen the line in years, if ever? I’ve run into that type plenty of times before.

Nope. I fly planes and that is all.

08-09-2022, 07:00 PM

#169

Aztecsfight

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Joined APC: Dec 2021

Posts: 18

Quote:

Originally Posted by Hedley

You get it. The LUAL pilots that lost their pensions are now the minority of eligible voters. The bulk of this pilot group are people from the LCAL side who either had their A-fund frozen or had the current B-plan and those hired since then. I think that the majority of this group would rather have energy put into increasing the hourly rate, B-fund contribution amount, and QOL issues such as work rules, sick leave accrual, vacation pay, etc. The majority want to be well compensated while here, but don’t expect that compensation to continue after retirement. Also, being that this thread is about age 67, I’d think that the majority are against it. Those in favor tend to be the ones who benefited from seniority progression during their careers, but now want the goal post moved when it’s their turn to bow out.

Young guys don’t get it. Higher B fund percentage and pay will do nothing for the majority of pilots for retirement by the end of this agreement.
All it will do is make your VEBA bigger.

08-10-2022, 08:50 AM

#170

ThumbsUp

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Joined APC: Mar 2018

Posts: 2,525

Quote:

Originally Posted by Aztecsfight

Young guys don’t get it. Higher B fund percentage and pay will do nothing for the majority of pilots for retirement by the end of this agreement.
All it will do is make your VEBA bigger.

I’ll take that or any other tax efficient spillover vehicle like the MBCBP. That VEBA won’t last long with the list of eligible expenses.