Old 11-13-2017, 01:43 PM
  #2  
CargoCan
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Joined APC: Apr 2007
Position: MD11FO
Posts: 213
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I'm not answering your question directly, but since I have a strong opinion on the subject here it goes.

The FDX MEC supplemental plan (you said ALPA, but I'm assuming you are talking about our specific supplemental and not the ALPA LOL plans) is doomed.

This FDX MEC supplemental has been around for a long time, long before the age changed from 60-65. It is an outstanding LTD supplemental as it accounts for income in excess of $260k per year, is tax free, etc, etc. Furthemore, there is the potential to make a lot more money staying on this plan versus retiring, and that is why it is doomed. Prior to the age 65 change, pilots on LTD had to stop collecting when they turned 60. Now, they can stay on the plan for five more years. The exorbitant rate increase we experienced in January of 2017 is only the beginning. This plan is too expensive to stay viable, and will eventually implode as more and more pilots cancel.
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