Originally Posted by 1234

I am sorry Carl, but you will get that DC beginning in 2014, so there is only one more year that you will not be getting the DC due to the fact that we "saved the pension" and you were full. Just out of curiousity, how much is your frozen pension per year and how much of a lump sum benefit do you have?

Originally Posted by tsquare

I'd put the chances of Carl honestly answering that at slightly less than the congress passing a budget in Obama's first term..

Nice try though.

Originally Posted by Carl Spackler

OK, whether it's 2014 or 2015 the fact is that I don't get it now and haven't for a number of years. I wouldn't have even brought it up had you not referenced me personally as geting XX in pay and 40,000 a year in dc payments. You used that premise to then ask me a question. I felt it only proper to remind you that your premise was wrong. There are many junior folks that I fly with who are thankful we on the top half are giving all our dc payments to the bottom half, others flat-out tell me to my face that I should be giving more. Regardless, water under the bridge and will be until 2014 or 2015. I was only trying to be accurate and honest in response to the question that you were posing.



My final average earnings when it was frozen was just under 20K per month. With freeze, we went from 60% of final average earnings to 50% FAE. That puts my monthly pension at age 60 at just under 10K per month...if it's not terminated by then that is. If I stay all the way to 60, then about 1500 per month of that pension is available to be had as a lump sum as opposed to monthly payments. I've heard the lump sum for this is about 100K, but I won't know until I retire at 60.