Originally Posted by
FXLAX
Does the new TA flat dollar plan equate to or surpass FedEx’s $130k/yr after 25 YOS for all pilots?
No, it does not in 25 YOS; a UPS Captain (for one revenue leg) would need all 30 years of service to exceed the current capped FDX DB max benefit of $130k...in 2023.
I’m wondering if you have been successful in increasing the flat dollar amount in each new contract, if it is now ahead of FedEx’s?
We were way behind FDX’s DB plan, and if the extension is passed we’ll be on pace to slightly exceed it in value (admittedly after 5 more years of service).
There’s also the difference in defined contribution percentage, but that’s not explicitly pertinent to a defined benefit discussion.