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-   -   Delta Mgmt requests mediator. (https://www.airlinepilotforums.com/delta/126553-delta-mgmt-requests-mediator.html)

snowdawg 01-12-2020 09:40 AM


Originally Posted by m3113n1a1 (Post 2955162)
$267 is $363 in today's dollars. So we're actually still behind.

You forgot to mention back then was also a pension in place. So when you say behind, might be more behind than you think.

Denny Crane 01-12-2020 10:02 AM


Originally Posted by snowdawg (Post 2955311)
You forgot to mention back then was also a pension in place. So when you say behind, might be more behind than you think.

To be fair you would then have to add the 16% DC to today’s amount.

Denny

snowdawg 01-12-2020 10:08 AM


Originally Posted by Denny Crane (Post 2955324)
To be fair you would then have to add the 16% DC to today’s amount.

Denny

Totally agree. I believe pension was the last 3 years average, 60%. So top guy would have made 300K, 60%= 180K a year pension. That would have been tops at the time. Bottom guy would have only gotten 120K. And with the 16% we get 56K?? And it's part of your gross income.

sailingfun 01-12-2020 12:17 PM


Originally Posted by Denny Crane (Post 2955324)
To be fair you would then have to add the 16% DC to today’s amount.

Denny

I would not add the DC into today’s amount. The DC plan is a replacement for the DB plan.

Denny Crane 01-12-2020 12:20 PM


Originally Posted by sailingfun (Post 2955398)
I would not add the DC into today’s amount. The DC plan is a replacement for the DB plan.

Go back and read what I was responding to. If he was going to add the DB deferred retirement to his calculation then, for an apples to apples comparison, one would have to consider the DC retirement too.

Denny

Gone Flying 01-13-2020 07:48 PM


Originally Posted by m3113n1a1 (Post 2955162)
$267 is $363 in today's dollars. So we're actually still behind.

I know it's not gaurenteed but PS certainly could offset some of this difference. assuming 16%PS that brings today's rate to 343 ish.

FangsF15 01-13-2020 08:09 PM


Originally Posted by gone flying (Post 2956230)
i know it's not gaurenteed but ps certainly could offset some of this difference. Assuming 16%ps that brings today's rate to 343 ish.

ps is is not pay!!!!!

dbrownie 01-14-2020 02:00 AM


Originally Posted by Gone Flying (Post 2956230)
I know it's not gaurenteed but PS certainly could offset some of this difference. assuming 16%PS that brings today's rate to 343 ish.

So by that logic will it be a pay cut when we don’t get profit sharing?

Jaww 01-14-2020 05:22 AM

Profit sharing is incentive pay to work hard. It’s not compensation.

notEnuf 01-14-2020 05:31 AM

I look at profit sharing as a dividend for an investment made by current and future DALPA pilots during bankruptcy.


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