Originally Posted by
FXLAX
I guess it was just me stating my opinion that their 30 year captain plan does not pay more than ours, as you stated. If you just look at dollar amount, then that statement may be construed as true by $200, in about a year and a half from now (not at present time). But it does take 5 extra years to attainment that small improvement. I don’t see that as better.
As for their improvements, like I said, it’s easier to improve their plan during their negotiating cycles when they can point to ours and pattern bargain off it it. And despite their latest improvement, it’s still inferior to ours.
I wasn’t speaking to it’s viability or liability, etc. If we can attain that $150k plan using their methodology, I’m open to it.
Yes, I did state that their 30 year Capt will have a higher benefit than our 25 year pilot (in 2023). Again, I’m not in any way say I would trade with them. I’m simply saying that their pension benefit has been increasing while ours has been stagnant. They continue to make gains, and if the trend continues, it will eventually overtake our pension.
I’ve been interested in this concept for years. I think it’s just something to seriously consider.