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Thrust Hold 01-27-2021 02:49 PM

That's my goal Rvfanatic. At age 61 I'll have my 25 years of service towards the max pension. 4 years on property and I've already knocked out two years of my "High Five".

Plus, many things are based on your yearly earnings. Take LTD for example. It's 60% of your best 12 months in the last 36 (reduces to 50% of that after 24 months). You don't plan on being out early on LTD, but if you are then it's nice to have some financial advantages. I've seen odd things happen to folks at an early age and they always wish they done more to be better prepared for the unplanned events.

As with anything there's a happy medium. Don't want to work yourself into a Heart Attack, but also want to be prepared for some odd ball LTD triggering event.

Fr8Master 01-27-2021 05:06 PM


Originally Posted by rvfanatic (Post 3187130)
Non FDX guy here, but I enjoyed your post thank you!

I don’t want to over simplify what you’ve said but it sounds like a very reasonable long term approach to what could be a difficult job if you let it (working extra, selling back vacation, and mostly night flying). We’ve all seen what that can do to pilots and it ain’t pretty.

I’m wondering with the power of compounding interest (Einstein said it was the most powerful thing in the universe) and time value of money, do some FDX guys take a shorter term sight picture and make as much as they can with the goal of financial freedom and retiring early, say 60? I’m newer in my airline career and interested in the work life balance, it seems like you took a counter cultural approach and are being rewarded in happiness, thanks!

If you hit 60 and have 20-25 years at the company it is basically like half of a part-time job. You have roughly three months of vacation plus one month of sick time each year....on top of that just proffer or drop any trip you didn’t want to fly. You could very easily fly one out and back a week and do that all year.

Spectre186 01-27-2021 05:39 PM


Originally Posted by Thrust Hold (Post 3187271)
That's my goal Rvfanatic. At age 61 I'll have my 25 years of service towards the max pension. 4 years on property and I've already knocked out two years of my "High Five".

Plus, many things are based on your yearly earnings. Take LTD for example. It's 60% of your best 12 months in the last 36 (reduces to 50% of that after 24 months). You don't plan on being out early on LTD, but if you are then it's nice to have some financial advantages. I've seen odd things happen to folks at an early age and they always wish they done more to be better prepared for the unplanned events.

As with anything there's a happy medium. Don't want to work yourself into a Heart Attack, but also want to be prepared for some odd ball LTD triggering event.

That sounds like an awesome LTD program. Is there a monthly premium and does it go until you’re 65?

MelT 01-28-2021 05:40 AM

The LTD is company paid and yes it goes until age 65. There are also optional supplemental plans offered by the union that are worth considering.

BrianH 02-04-2021 09:49 AM

It's interesting to go back and read this thread as it progressed over the last year.

Noworkallplay 02-04-2021 12:25 PM


Originally Posted by BrianH (Post 3190615)
It's interesting to go back and read this thread as it progressed over the last year.

This thread just started a month ago. The one you are referencing is down the list further. That one was started by someone in January of 2020 or end of 2019. To say that some were short sided then would be an understatement. Many of those common names that complained all the time are now radio silent as they realize how good they have it and how good our CBA is. We definitely need some improvements, but as a whole this job is leaps and bounds above the pax world. W2, retirements, benefits, vacation, career progression, etc. I lived the pax major life prior and I can tell you its an apples vs oranges comparison.......

BrianH 02-04-2021 12:44 PM

Yep, I got the "Other" thread, good catch.


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