There are those who say Delta and Northwest may go the same route. The government-run pension fund pays out a maximum of $45,000 a year, but that's for people who retire at age 65. For those who retire at age 60, including airline pilots, the payout is only around $28,000 a year.ommercial airline pilots must retire at age 60. That hasn't been a problem in the past because pilots had generous pensions. But with several of the major airlines in bankruptcy, pilots are seeing their pensions reduced and some are fighting mandatory retirement.
To determine how much retired pay you may be eligible to receive, the first step is to calculate the number of equivalent years of service. The formula for computing equivalent years of service for Reserve retired pay at age 60 is fairly simple: Total number of Creditable Retirement Points, divided by 360.
Enter your information below to calculate your reorder point! 1  Lead Time: The number of days between issuing a purchase order and receiving the product(s). 2  Safety Stock: The number of daysâ worth of inventory you keep in case of emergency.3  Basic Stock: The number of daysâ worth of inventory you normally keep on hand.he Reorder Point is calculated using this equation: Reorder Point = (Lead Time + Safety Stock + Basic Stock) * Unit Sales Per Day. The Reorder Point Calculator is a small part of the advanced inventory management features you will find in Fishbowl Manufacturing and Fishbowl Warehouse.