Originally Posted by
sailingfun
The model they used had nothing to do with the last 3 years of a pilots career. They took the actual frozen value of each pilots DB plan. No one was anywhere near their last 3 years in the deadzoner range. The value was what you had earned and accrued at the time the plan was frozen.
I understand that. But the underlying formula that pilots compare their benefit to, or calculate as lost/stolen was this future snapshot of what they thought they might generate in their final three years (if I’m not mistaken). The “beauty” of the DC system is that it’s a running tally affected every year one works, capturing the ebbs and flows along the way. Less is left to chance, as when so much rode on the last 10-15% of one’s career, a decade or two into the future.