FDX - The financial impact of 4.a.2.b
Just got my Pension Plan statement which shows pensionable earnings of your high five.
Coincidentally, the last 5 years where my high five where I sat in the following seats:
B727 Capt 2 years
MD11 Capt 3 years
Now, I've been bumped out of the MD11.....here's the data on how 4.a.2.b. has stuck it to some of us. In my case:
2004 - B727 Capt - $175,000
2005 - B727 Capt - $207,000
2006 - MD11 Capt - $257,000
2007 - MD11 Capt - $244,000
2008 - MD11 Capt - 249,000
And, under 4.a.2.b. this year is shaping up to be $181,000.
That's a reserve B757 Capt that does ZERO carryover/make-up. I am interested to know what impact this "stealing" has had on others.
It's time for the company to do the right thing and exit 4.a.2.b. Some of us have taken a HUGE hit. I for one understand more than ever what being "junior" on an airplane means and I will NEVER do it again. Right seat wide-body here I come.