Originally Posted by
tsquare
While we did give up our DB plan, we did not lose that money completely. I think it only fair that you include those numbers in your calculations, and if you choose to do so, while difficult to do, you would need to factor in the value trend line then versus now. I guess you would have to take your payrates then, project them forward (based on some sort of pay increase... I guess inflation??) and figure the 60%FAE. but since you have no idea what equipment you would have been flying.. and since bigger pays more... and half of bigger is being sold for scrap iron... how do you do that? My retirement investments have done OK, and I am quite pleased with the returns I have gotten to date. Would that be comparable to the DB plan? I have no idea, but I think it is pretty flippant to throw out a number like $1 million per pilot without a decent frame of reference, and your simple comparison doesn't get me there. I would love to have you convince me, but all I see is an emotional number with to little fact other than a projected payrate. I don't mean that in a derogatory way either. I would love to see a real analysis.
T, if he stipulates that his numbers aren't exact, would you stipulate that they're reasonable? I think you're both on the same side of the argument but caught up in the scale.