Originally Posted by
badflaps
Math in public: 158. an hour x 75 is 11850. x 12 is $142,200. In the 80's you were not going to fly more than 75 hours, even if you were bagging MoRon's daughter.....
That's what played a big part in the termination of the retirement fund. FAE's went from a 150k to 200k range to 300 to 500k. Plan obligations soared almost overnight just as the performance of the plan tanked.