Originally Posted by
sailingfun
Timbo, I am not sure why your note/claim ended up less then mine since I was junior to you. I think perhaps you are forgetting that there were several payouts and that DALPA managed over a 3 year period to shelter about 140 thousand or so in our retirement accounts. In addition you then had the option to roll it to a ROTH IRA or recover the tax via a conventional IRA. If you pulled the money out of the retirement account you paid a huge penalty. I also had two kids going to college during that period.
Mine was less than yours because I was (and still am
) younger than you.
If you recall, there were "Three Silo's" which combined to give you your total payout.
Age, years of service, and...I forget the third, Equipment/pay rate at the time perhaps?
A guy in my new hire class who was 6mo. older than me got about 60,000 more than me, so on a per year basis, I'm guessing 120,000/yr. for age?