Originally Posted by
mcdbirdman
The figures are just approximate--if over 60 do your own calculations! Current min BLG of 68/85 = 901 hrs or about $212k for WB Capt. If min BLG goes to 48/60 = 636 hrs or about $150k. Subtract SS of about 7% = $10k then your pay is $140k. Most WB Capts with 25 years will see a retirement check of $130k (no SS withheld from retirement monies). Will you honestly work for about $800/mo. Really?? Sit down and truly evaluate your own situation. Tell me why my calculations are wrong?
Hey mcbirdman,
Although I agree with your logic (I've said on this forum MANY times that I'll NEVER understand why someone with 25 years at FedEx would continue to work?), you're basing your assumptions on WB Capt. pay. We have geniuses that have been working for 727 s/o pay? I figure at that pay, they're working for FREE. In other words, they are making just about the same pay as if they stayed home and collected their hard earned retirement.
Like I said, I just don't get it? Don't those guys have anything better to do with their retirement? And yes, it now looks like their selfishness will affect ALL of us as we are forced to lower our monthly BLG so that those guys can keep working? YGTBSM!*?
Mark