Airline Pilot Central Forums - Why I'm Voting No

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- - Why I'm Voting No (https://www.airlinepilotforums.com/fedex/90535-why-im-voting-no.html)

Quote:

Originally Posted by pinseeker (Post 1969781)

I already included the international override, that was the +7. The block over 8 does help a lot, however, even with block override, the highest paying line in the 777 in Sept paid 89.5 hours. That was BLG plus all unaccounted block override. So, where do the other 21.5 hours come from. I don't get extended every month, and only fly international. Haven't been extended in over a year. I still don't buy that a lot of W/B FO's are close to $260k without flying extra or a lot of carryover or are selling back vacation.

I agree $260,000 is hard to see, but $210,000 not so much.

Quote:

Originally Posted by pinseeker (Post 1969781)

I never meant to start a dispute on how much guys are getting paid. That was not the intent of the post, however, I am on the 777 and I routinely fly with F/O's that make $260 or better. Last year I flew with a F/O that has averaged over $300k for the last 5 years and recently flew with a F/O that made $350k last year. Certainly working much harder than I care to but on the 777, with high RLG's and all of the overrides added in, $260K for a F/O is within reach.

Quote:

Originally Posted by Raptor (Post 1969740)

It can happen if you do a lot of international charters, they often get extended into 150% or 200% territory

In 4 years I've NEVER been extended
.

Quote:

Originally Posted by frozenboxhauler (Post 1969672)

Hells, welcome to the forum! I completely agree with your assessment.
fbh

It was a great post and he didn't have to insult anyone to make it.

Quote:

Originally Posted by Dakota (Post 1969811)

In 4 years I've NEVER been extended
.

I've been lucky or unlucky however you view it then! Most of my revised charters have been the military charters.

The horse charters and other preplanned charters tend to go more as scheduled.

Finally, the Wolfpack goes public. 😎

Great post: the bottom line is the value of our A fund is being diminished by time and inflation. Plus with age 65 FedEx is having to paying out less money as crewmembers work additional years prior to drawing retirement.

The company is gradually stealing the value of retirements from us. At this rate it won't be long before the value of our A fund is low enough that FedEx will be able to convince 51% of the new pilots to vote it out completely for something like a small lump sum payment and a bigger B Plan.

Just because they say bumping up the A fund is expensive and causes them accounting problems doesn't make me anymore willing to agree with them.

Quote:

Originally Posted by Rock (Post 1969975)

Finally, the Wolfpack goes public. ��

Sorry, but no. I took the sloppy leftovers. Look at my post history, I was agitated too.

Something I havent heard mentioned is the fact that the pay rates still max out at 15 years.

The Company gets an extra 5 years out of people that want to go to 65. To get the max A fund moneys you need to go to 25 years. Why in the heck does pay top at 15 years? Ludicrous. And it has never been mentioned, to my knowledge, by the Union.

Quote:

Originally Posted by Raptor (Post 1969794)

I agree $260,000 is hard to see, but $210,000 not so much.

We will never see $210,000 (the current IRS limit on how much you may receive in a calendar year as the BENFEFIT from your Defined Benefit Plan "A Plan") unless the Final Average Earnings Cap (the CBA limit to the income that can be multiplied by 2% x Years Of Service to calculate the annual retirement benefit, so maximum of 50% of FAE) is raised to twice $210,000, or $420,000. Unless and until the FAE cap is raised or removed, we can never reach that IRS limit.

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