Originally Posted by
Theoden
Very interesting. I just did the math comparing a 10 year 900 Captain and found the same thing, that there is a difference of about $2,220 comparing the current book with bonus to TA without. In that case, one would have to work a maximum of an extra 1.6 hours per month to make up the difference.
I think what they are saying is that, at 83 hours worked before AND after the TA, there would be no difference in pay. But this is confusing because people think that if they are currently working 75 hours a month that they must now work 83 to break even. For someone like me, if I were currently crediting 75 hours I would have to now credit 76.6 in order to make the same pay, all other variables being the same.
The math:
CR9 10 to 11 year 2018 = $88.21
CR9.TA 10 to 11 year 2018 = $111.3
$88.21 x 75 x 12 = $79,389 (plus $23,000) = $102,389
$111.3 x 75 x 12 = $100,170 (difference of -$2,219)
$111.3 x 76.67 x 12 = $102,389
You ever heard of inflation? How about 401K, have you seen what Congress is going to do next month without even a Democratic vote nor the president’s approval? They propose to cut your allowable contribution by about half to fund tax cuts for the rich. Don’t you want to make more to offset that? Did you see what’s happening to insurance premiums? They’re on the rise. Don’t you want to be able to make a bit more to offset that cost?
I’m changing my prediction to this pilot group voting YES now because of the carrot being dangled but I assure you that you will see less money in the bank roll than you’re currently getting with the bonus. Go fish.