Thread: NC Update
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Old 03-04-2014 | 05:40 AM
  #28  
mcdbirdman
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Joined: Sep 2006
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Default Do the Math

For those interested go to
Inflation Calculator: Bureau of Labor Statistics
Type in $120K and use 1994 as your base year. The result is $189k
$110k = $173k or maybe use $100k = $158k
I'm using different retirement numbers for that year because I am unsure of the exact A plan limit we had in 1994 but I'm pretty sure it wasn't less than $200k for your high 5. The point is this is an issue for even the youngest pilot here at FedEx. The A Plan must be fixed or when you younger guys retire it will be worth next to nothing. The only enhancement we have had to our retirement since 1994 is a B Fund. Not sure that makes up for the above erosion of our A Fund purchasing power. Will the retirement math gurus please chime in.
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