[DeTomaso] What I've been doing this week....
MikeLDrew at aol.com
MikeLDrew at aol.com
Wed Aug 31 11:24:03 EDT 2011
In a message dated 8/31/11 8 14 4, lotus0005 at hotmail.com writes:
>
> Do pilots still have to retire at (some really young age?)? If so, do you
> still get to ride for free after?
>
We used to have to retire at 60 (which is old). Now we are allowed to
retire at 65 (which is really old), but I plan to hang it up at 60 since I will
get full benefits then. So many people fail to realize that by retiring
five years later, they are effectively giving their employer five years of
the retirement they are entitled to. After all, just because you retire five
years later, that doesn't mean you'll live five years longer, right?
For now, I can travel anywhere in the world, on any US carrier (whether I
work for them or not), for free (have to pay the taxes when returning to the
US from another country) but curiously, I have to pay a travel fee when
travelling internationally, or domestically in first class, only on American
Airlines, my employer. After I retire, I will only have benefits with my own
company and will have to pay the same fees I do currently. I won't be able
to jumpseat on Southwest, United etc., although I suspect there may be
provisions for buying deep-discount standby tickets (i.e. 90% off full fare
price).
I just checked--Monday's flight from London to LAX in first class, and then
LAX to San Francisco in coach, cost me $379 (times two).
So it's a pretty darn good deal, and goes at least some ways towards making
up for the 25%-50% pay cut that we all took after 9/11. Of course, the
more you use the benefit, the more beneficial it is!
Mike (planning on flying to Ottawa tonight--but the flights are packed so
it may mean camping out in the airport for hours and hours, trying to get on
the next flight, or the next one...)
More information about the DeTomaso
mailing list