Originally Posted by MalteseX

Using figures in our contract, the ALPA website, the Q&A, the FICA website and the IRS website, I was wondering how much increase in pay a 5 yr NB FO would have after getting the raise---but paying all the extra expenses I could think of (as a result of this TA and taxes etc. ). I picked 2018 for raises. I did not include longevity pay increases -- just evaluated the TA increases for same year.

5 yr NB FO --- assuming 1000 yr per year (83.33 per month)
Hourly pay $ 132.01 Currently.

5 yr NB FO -- 2018
Hourly pay $158.68. An increase of $26.67 per hour (20.2% increase)
10% for 2015 and 3% each for 2016, 17, and 18.

Effective raise. Minus 31% on increase for federal income tax (Irs web for income level averaged). Minus 9.3% for state income tax (varies per state). Minus 0% for social security (he is already maxed out before raise). Minus 2% for Union dues. Minus 1.45% for Medicare. Minus .65% for disability (FDX MEC plan).

He ends up with an effective increase of $14.83 per hour after these taxes and fees on the increase.

Minus $54.16 per month increase for VEBA (or 1.15 per hour minus current $.50 per hour). Minus $185.15 per month increased premium for family buy up plan ( alpa projection).

Results in $11.96 per hour effective raise minus govt and TA fee increases. (e.g. Has the same plans he has now).

$11.96/132.01= 9.06 % increase after 4 TA raises

Results in an effective raise of 2.26% per raise ( including the initial 10% raise. Or he 2.26% better with new TA with the same medical and disability as he has now.

This does NOT account for inflation or the "signing bonus".
It also doesn't include longevity-- but he gets that on both current contract and TA.

DEPENDING upon the inflation rate, even a very conservative one of 3%, he could actually end up BEHIND where he is now--- even with all our raises.