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Old 01-12-2020 | 09:40 AM
  #191  
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Originally Posted by m3113n1a1
$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.
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Old 01-12-2020 | 10:02 AM
  #192  
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Originally Posted by snowdawg
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
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Old 01-12-2020 | 10:08 AM
  #193  
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Originally Posted by Denny Crane
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.
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Old 01-12-2020 | 12:17 PM
  #194  
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Originally Posted by Denny Crane
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.
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Old 01-12-2020 | 12:20 PM
  #195  
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Originally Posted by sailingfun
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
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Old 01-13-2020 | 07:48 PM
  #196  
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Originally Posted by m3113n1a1
$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.
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Old 01-13-2020 | 08:09 PM
  #197  
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Originally Posted by gone flying
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!!!!!
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Old 01-14-2020 | 02:00 AM
  #198  
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Originally Posted by Gone Flying
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?
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Old 01-14-2020 | 05:22 AM
  #199  
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Profit sharing is incentive pay to work hard. It’s not compensation.
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Old 01-14-2020 | 05:31 AM
  #200  
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I look at profit sharing as a dividend for an investment made by current and future DALPA pilots during bankruptcy.
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