Originally Posted by
joepilot
Are new hires still covered by the A Plan (Defined benefit)?
YES.
The APC website says 1% times FAE, or flat $4,000 dollars per year times years of service, with a max of thirty years counted, with the flat dollar amount going up to $4,200 on 1/1/2021. Is this still true?
YES. Current rate is $4000 per year of service for CAs, $3200 per year of service for FOs. Flat dollar amount is almost certain to be higher than 1% FAE, which is the average high 5 in last 10 years of employment.
Also, don't forget about the 12% defined contribution.