Originally Posted by
kronan
Could be mistaken,
but think UPS FDA amount stays at $4k until the increase to $4.2.
Yes, you are mistaken.
And, let's not forget that should someone wind up retiring as an FO only, FDA amount is $3.2k.
So, should fortune not smile, a career UPS FO's pension would be $80k.
Max YOS toward our defined benefit is 30, whereas FedEx is 25.
That said, flying 25 years at UPS and never upgrading to CA would be a
choice, especially as the junior CA on our last bid went to people with less than 4.5 years on property. Get released to the line, fly a single turn as Captain, and you are entitled to a Captain FDA benefit.
Your point is valid, though, that FDX career FOs who never check out as Captains would have a more lucrative defined benefit under your 2% FAE than our FDA.
Lots of ways to improve retirement benefits that don't involve a non-bankruptcy, pilot-ratified retirement B-Scale that introduces a natural and significant division point in your pilot group.
Your negotiations, not ours...but none of us bargain in a vacuum.