FWIW...
I just bought the rear brake pads at Dodge for about $105. They come with new anti-rattle springs. They also have warning scratchers on only one pad end for each wheel. It is set to start screeching on the rotor at 1/16" or . 060 just like Woodj said.
The new pads are 1/2"+ thick or 0. 54". The pads all appear the same size and design, with no holes on the inside, meaning they are bonded not riveted (probably?). The metal backing plates are of slighlty different design than original, otherwise very similar. I don't have my original pads off yet, so can't say for sure.
Like Cattletrkr said, you can run the pads really thin without knowing it, if they are not wearing perfectly even. Do they ever? One rotor scratcher on four pad corners is like 75% odds Dodge will be replacing your rotors, before you even hear a squeal from your rotors.
Conclusion - check both ends of every pad for thickness whenever you have your wheels off..... or you will eventually be buying new rotors.
Thanks to everyone for your input.
FYI,
Joe
(Disclaimer - Author makes no claims of accuracy for above statements, and urges anyone using these numbers to check all of them against their individual vehicle's specs. )