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- Aug 6, 2008
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Dear Black
Retirement age goes up next year. So why are the SQ pilots not fighting to raise the fucking mandatory retirement age in SQ to 65 in line with the ICAO and current FAA regulations ?
They don't have to fight for it because they already have it: retirement age is 65 starting next year, legislation is in place to make it mandatory, and SQ has no choice but to go with it.What the pilots are fighting for is to maintain the exact same pay package past 62 up to 65 which is the retirement age
Thats not their fight and has never been the fight. WHAT they are fighting for is retirement at 62 with pay and privelage they have accrued according to seniority all the way till 62 and I as a shareholder think that is crap.
That is NOT what they are doing. It is SQ that wants pilots to be re-employed at 62 up to retirement age 65 at less pay. The unions do not accept this and are fighting it.
The govt has decided to raise retirement to 65. Pilots are legally able to fly to 65. The union wants to keep their pay package till retirement: 65. The pilots will be working FULL TIME (not in any kind of semi-retired capacity) past 62 until 65 when they retire and stop flying completely. The company wants them to take a pay cut in the last 3 years before they retire. Same job, same scope, same amount of working hours, same responsibility, LESS pay, only because you're 62. it's not rocket science.
The issue is what happens past the mandatory SQ retirement age of 62. WHY not fight for it to be raised to 65 ?
There is no mandatory SQ retirement age. By law, SQ is legally obligated to retire it's staff no earlier than 65 starting next year. The retirement age goes up to 65 next year and there is nothing SQ can do about it. SQ is simply using the raise in retirement age as an excuse to sneak in a pay cut using the term 're-employment', applicable to the last three years before retirement from 62-65
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