Originally Posted by CA1900

Exactly. It's completely irrelevant what the rate is out of context.

What if the above rates were true, but they redefined 1 TFP to be 2 hours of flight time or 500 miles? Dropped the guarantee to 50 TFP? Changed from lines to PBS further diluting the value? Cut everybody to two weeks of vacation?

All of this is meaningless without a complete TA in hand.