Originally Posted by
scambo1
I don't believe that Delta south MPPP plus DC plus PBGC can come close to what the old DB was going to pay unless you are one of those multi tier guys. And then only maybe close. I think those pilots are all retired or real close.
If you are calling Timbo a liar, I'm calling you out to prove your statement.
Dude, chill. Liar? Hope you're not this emotional when you fly.
I took a pretty good bath in the market from 2007-2008, but then hit some big ones coming out. My frozen pension was less than $7K per month at age 60. PBGC is supposed to pay $3100 per month. I got a little over $220K in MPPP and Notes. That's worth over $700K today, and I still have 4 years to 60. You can do the math. The rest of the DC money has done pretty well too, but I don't count that as it is my current retirement.
I'm talking about the frozen pension and what we got for that, capsice? Thanks for the callout.