"Andrew Gideon" wrote in message
news
On Fri, 15 Dec 2006 21:46:38 -0800, Greg Farris wrote:

Good
new for you when you get closer to that age and make a quick 180 on your
above post! :-)

Maybe.

I heard a news report about this on the local news station. According to
that, this is all about keeping a sufficiently large pool of pilots
available.

My immediate thought goes to economics 101: supply vs. demand. By raising
the retirement age, the FAA is actually helping to keep pilot salaries
(and pension payments!) down.

Not quite; notice how age discrimination took over the high tech fields in
the late 90's and forward.

Younger people command lower salaries. MOF, it's rumored that the original
rule was implemented to keep the salaries costs in check back when pilots
were treated like gods (at least by the public if not the airlines) and
their pay was steadily rising.

I wonder if the by 60's some pilots were right under top management in pay
scales.

How's about they lay off some of those overpaid CEO bozos?


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO (MTJ)