From the MEC FastRead sent out today -
“Our goal in negotiations is to enhance the retirement benefits for all pilots in order to provide an appropriate retirement income replacement ratio. Achieving a 70% retirement income replacement ratio using only the Company funded portion of our employee-sponsored retirement plans (Defined Benefit and Defined Contribution Plans), will provide sufficient retirement income with the addition of Social Security and the pilot’s personal savings.”

The email mentions several times that a typical WB CA earns $350,000. Doing simple math $350,000 x 70% = $245,000 which as mentioned above is the IRS limit for 2022. This is the first time they have stated what they are seeking in negotiations for retirement benefits. It appears that is the goal for the A plan and with new negotiated pay rates the B plan will hopefully cover the difference for earnings above $350,000 to reach 70%.