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Old December 15th 07, 04:44 AM posted to rec.aviation.piloting
John Mazor[_2_]
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Posts: 178
Default Age 60 Rule is now Age 65 Rule


"Kingfish" wrote in message
...

I don't understand why SWA was so interested in overturning the old rule...
how do they benefit?


I believe their retirement plan is profit sharing and/or SWA stock. They never had a DB
plan, so they also will appreciate the extra five years of drawing a paycheck.

Unless they just want to keep turnover down(?) I
interviewed with a few regionals in '05 and decided that at 37 (then)
I was too old to start over making $23k/year and am looking into
corporate/charter gigs. Fortunately there is no mandatory retirement
age for Part 135 AFAIK.


Right. Part 135 always was far less stringent than 121 ops. That's why FAA redefined it
down to a/c with less than 10 seats and moved the bigger Part 135 a/c to 121 under their
"One Level of Safety" initiative.