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.

I understand and most of us have similar earnings adjustments. I think you might have a hard time getting any sympathy throwing those numbers up there for "public" consumption however.;)

Look, we all know 4a2b was a grab. But, posting those numbers on this board and looking for sympathy might be a stretch, even from fellow FedEx'ers. There are some furloughed folks who read this stuff.
IMHO, the biggest hit you took was being excessed. No retroactivity, no Capt excess. No Capt excess, and even with 4a2b, you're doing just fine. So, I'd say DW did much more financial harm to you than PC, even if it was unintentional.

I'm interested in knowing what impact your insensitivity to others situations in this industry has had on their impressions of FedEx pilots. I'd bet it can't be good.:mad:

JJ

I know 4a2b sucks but I don't think you will get a whole lot of sympathy from guys at other carriers who are working more hours for less money. I know we are making less but for the most part we are working less too, except for the guys on reserve, but that's another story. I know the company is stealing from us but I always look at the glass half full. To me, 4a2b means more time off to spend with the ones you care about, more time off to ski, play hockey, scuba dive, or do whatever it is that you do on your days off. Living within one's means, and no ex wives is the key. Things will get back to normal, in the meantime enjoy the extra time off......

Since when did everyone get so sensitive? I think he's just trying to point out that fact that we are being ripped off, and maybe we should feel the same way as if we caught someone stealing from our homes.

No sympathy for you from me. People are losing their homes and pulling their kids out of college due to this economy and you expect folks to empathize with you making a paltry 181K??? Last time you went to work with the fear of being laid off or downsized out of a job? Good luck struggling to get by on that $181,000!

DW and PC and a few others certainly share some responsibility for getting us into this situation. But let's not forget those that kept us there for far longer than would have been economically feasible, the DPers, Volunteers and Draftees.

I've never had a reason to eat eggs with PC or DW at midnight. How soon will it be before some of us forget the money those guys took from out of our pockets; and soon some of us will be eating omelets and grits in the cafeteria like nothing ever happened?

Perhaps posting those numbers was a bit insensitive; but the point is no less worth making.

I can't believe this.

"I'm only going to make $181,000 this year." WAH WAH!!

That's after coming out of one of the worst recessions in this countries history, without spending any of that time unemployed, while retaining all company paid healthcare, vision, dental and pension benefits. No sympathy here. Amazing

Maybe we should all ask for much less pay in the next contract because we all have it so good right now!