Thread: Merger question
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Old 10-12-2019 | 06:18 AM
  #160  
SmitteyB
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Originally Posted by contrails12
Since y’all don’t want to show your work here’s mine:

I’m middle seniority and middling longevity.

My pay rate went up from $126 to $156 per hour (20%) Plus the original 401k 13% on the increase (1-2%) plus three percent to 16% 401k contribution, brings us to 25% in cold hard cash. Not to mention the staffing and thus seniority increases for better rigs, reserve rules, vacation allotment. Add the $1/hr VEBA allotment, increases in rates for premium flying, etc. I’d say 30% is not far off.
It’s actually more.

Our pre-CBA contribution was 3%. So it actually increased by 12%.

Edit: That is probably not fair. Since we no longer have to contribute to get the match, we are keeping 5%. Then add in the 2% (3% in 2021).
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