Originally Posted by
kronan
The simple fact is, that as defined, an individual pilot can predict the minimum benefit he or should would accrue at retirement.
That value would be 2% of pensionable earnings up to the Defined Contribution Cap if the PSPP proposal became reality.
And where is that mandated? Oh yeah, it has to be negotiated. And how do you know what your pensionable earnings will be for every year up to retirement? And how do you know what the Defined Contribution Cap will be every year up until retirement?