What do air traffic controllers do when they retire?

Because this is earlier than the normal retirement age, controllers are included as a “special group” under the Federal Employees’ Retirement System (FERS) and contribute an additional 0.5 percent of their annual salary into a special retirement annuity account.

What jobs are similar to air traffic controller?

Dispatcher
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Air traffic controller/Similar professions

Should air traffic controllers work past the age of 56?

Air traffic controllers employed by the Federal Aviation Administration (FAA) must retire by age 56—six years before reaching age 62, the age at which people can qualify for old-age insurance benefits under title II of the Social Security Act.

How much do air traffic controllers make after retirement?

Under CSRS/CSRS Offset, after 20 years of controller service, there is a guaranteed retirement benefit which is 50 percent of high-3 average pay. For any air traffic controller retiring after 25 years, it works out to earning 2 percent per year.

Do air traffic controllers get a pension?

As employees of the Federal Aviation Administration, air traffic controllers (ATC) get access to the same general retirement benefits as other federal employees. The retirement system is a three-tier plan that includes Social Security, a pension called the Basic Benefit Plan, and a 401(k)-like Thrift Savings Plan.

How much money do air traffic controllers make?

The median annual wage for air traffic controllers was $130,420 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $72,760, and the highest 10 percent earned more than $184,780.

How much do retired air traffic controllers make?

How much do air traffic controllers retire?

How many days a week do air traffic controllers work?

Originally Answered: How many hours do air traffic controllers work? Usually it’s two morning shifts followed by two afternoons then two nights, each 8 hours long. That’s followed by four days off which makes up a 10 day cycle. It works out at 48 hours per ten day cycle, the equivalent of around 34 hours per week.

Are you eligible for a special air traffic controller retirement?

You are eligible for a special Air Traffic Controller Retirement if you: Are in a designated position requiring your participation in the separation and control of air traffic in providing preflight, in-flight, or airport advisory service to aircraft operators or as an immediate supervisor

What is the job description of an air traffic controller?

Air Traffic Controllers Career, Salary and Education Information What They Do: Air traffic controllers coordinate the movement of aircraft to maintain safe distances between them. Work Environment: Air traffic controllers work in control towers, approach control facilities, or route centers.

How much do Air Traffic Controllers get paid after 25 years?

For any air traffic controller retiring after 25 years, it works out to earning 2 percent per year. After 27 years, the guarantee provides no more than the regular formula would have. Other than the guaranteed benefit and mandatory retirement, there are no special CSRS rules for controllers.

Are air traffic controllers covered by FERS?

As an air traffic controller covered by FERS, you can retire at an early age without a reduction in your basic annuity if you meet the age and service requirements: at least age 50 with 20 or more years of service as an ATC or at any age with 25 or more years as an ATC, and retire from a position covered by FERS.