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Old 04-17-2021, 03:46 PM
  #149  
Stan446
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Joined APC: Aug 2019
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Originally Posted by kronan View Post
IF we're playing assumption games.

Why not assume that any PSPP style plan will be tied to WB Capt pay?
And let's go with the multiplier scheme our current A plan has for those over a certain age. 54 is the cutoff that comes to mind (note-I didn't reference the CBA) and 2.2 is the max multiplier (again, that's just off the top of the noggin)
But the Company has an incentive to retain pilots, so why not add a 2.5 carveout for those over 60.

So, assuming WB Capt pay is in the $400 an hour range in the TA.
Let's go with the the 2.5% accumulation rate times 400 times 900 hours

SO, every year in our PSPP style plan negotiated to a better level is an extra $9,000 a year for those over 60.

Shoot, that's almost the equivalent of raising the FAE of our current plan to $460,000
Isn't raising the FAE cap to the max paying out $230,00 a year vs 130,000.?Thats a heck of a lot more than 9,000/yr.
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