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Old 07-10-2017, 03:50 AM
  #20  
kronan
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Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
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Yes,
greater returns as discussed in the link posted.

Few months ago CD held an AOC meeting, pretty fired up about some of the ideas being researched to potentially improve our A plan (need mgt agreement).

Ideas that wouldn't reduce or change the funding component, but reduce the administrative costs and pass those savings onto US.

For a newhire (or a retiree) the value of our A plan is going to decrease. Assuming a relative constant inflation our A plan's current value of 130k per year is cut in half in 28-30 years (sooner if Inflation spikes)

For comparison, over the same time NB Captain salary of 260'sh K will grow to 520'sh k...so what is currently a 50'sh % A plan for NB Captains (and FO's) will be a 25'sh % A plan (would be a higher percentage for FO's, just as you'd currently have to be a pretty hard working FO to wind up with an A plan that's less than 50%. But we do have FO's who make 260+ currently)
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