Age 60 Rule is now Age 65 Rule

On Dec 14, 11:07 am, Mxsmanic wrote:

But doesn't this mean that he'll ultimately fly longer? He may not be
thrilled over the short term, but it means five extra years at the peak of his
career.
MX, I usually dont respond to your posts, but I am thinking there may
be others with the same question. You have to consider that most
pilots dont WANT to fly longer. In the states, people typically retire
at 65. How would you like to be told that you will have to work an
extra 5 years to get your benifits ? The typical DB and DC plans are
geared toward a full career and a pilot takes a hit if he retires
early.Typically 2.5 to 5% per year. Most of us would rather make
captains pay 5 years earlier so the money in our DC plans and 401Ks
has that much longer to grow, not to mention the B funds (for those
who still have them).
The job is not as easy as it looks, a pilot is away from home more and
more, it gets harder to recover from jetlag, there is alot of industry
volitility, etc. I am in my mid 40s and I cringe at the thought of
doing this job in my mid 60s. Most of us would rather hit that peak 5
years earlier .