What's done is done and itâs time to move on. That isâ¦itâs time for the old guys to move on. As you can see from the table listed below, the junior guys at my airline will celebrate 2 mandatory retirements in December 2012 as our pilots begin to hit the new mandatory retirement age.efore the law changed, I was forecast to retire at age 60 in the year 2028 with a seniority number of 201. Thatâs pretty senior at an airline with over 8,000 pilots. Today, if I retire at age 60, I will retire at number 955.
The retained earnings of a corporation is the accumulated net income of the corporation that is retained by the corporation at a particular point of time, such as at the end of the reporting period.
Retained Earnings normally has a credit balance. Net loss will be debited to Retained Earnings account thus results to a debit balance. Retained Earnings with a debit balance â¦will be called as 'Deficits or Accumulated Deficits. 9 people found this useful.