Originally Posted by
kronan
And I did answer it,
1st-indicated that a portion of the 160k Pension the Modeler shows for a newhire is based upon returns Greater than the 5% hurdle rate.
2nd-also stated that the 160k for a newhire in No Way is the Equivalent of todays 130k. It's only Better than the 130k decades down the road.
1st, the $160K was in the brown box of the modeler, the one that is supposedly guaranteed. The other boxes took the amount to over $200K. I would be happy to provide a screenshot, but I clicked that I agreed that this information was only for FedEx pilots.
2nd, you still haven't shown how the
funding is cheaper for a guaranteed $160K than it is for a guaranteed $130K.
I only hope that the this forum is an accurate reflection on how the rest of the crew force feels about this plan. I know most people I talk to, including former R&I guys, don't think the MEC can deliver.