Thread: NC Email
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Old 04-25-2023 | 04:41 PM
  #34  
GPullR
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Originally Posted by sdj1986
Ummm yes, do you??? How did you become a professional pilot without understanding how percentages work

Imagine a pilot is making $200/hr and paying 1.5% in union dues. He is paying $3/hr to the union. Now assume he gets a 30% raise, and union dues are still 1.5%. he is making $260/hr, and paying $3.90 in union dues. Let me know if you need any more help with 7th grade math

And to the people saying this is too small an amount of money to worry about, please feel free to send me a tiny fraction of your paycheck every month.

A typical united NB captain is paying in the ballpark of $4000/year in union dues. Lets say a 30% raise would equate to about $1200/yr extra in dues. A 35 year old would pay $36,000 over the course of a 30 year career. And if that money was invested in a s&p fund returning 7% a year, that comes out to about 77k.

I knew pilots were bad with money, but sheesh you guys are something else!
Hey math boy, when United furloughs in the next ten years, and they will, should they raise the rates becasue they don't have as many people paying in?? Or worse, pilots take pay cuts due to some catastrophe should they raise rates above 2%??
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