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by chrisbennet
3304 days ago
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Doesn't a lot of the expense of government run programs come from the retirement benefits? The government assumes the risk (pension) instead of the employee (401K). As an aside, according to a controller I know, a lot of FAA employees are retiring soon and at about the same time. A large cohort of controllers were hired about the same time to replace the fired striking PATCO [1] controllers in the early 80's. [1] PATCO Professional Air Traffic Controllers |
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I'm currently part of a hiring wave meant to replace those controllers. Around 1400 people are being hired in my bid alone. ATC has been my get-out-of-software plan, but depending how things shake out, if the compensation doesn't stay the same for newcomers, I expect I'll have to run back to software. I'm a little concerned that this new private entity will compensate the old timers to keep them on and keep the union on board, and throw newcomers under the bus for the sake of 'efficiency', which would keep things running short-term, and leave them with a sudden lack of talent in five or ten years. But I'm not an expert on how these things turn out, just highly cynical about a private corp's ability to think long-term.