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Old 12-23-2007, 04:28 AM
  #111  
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Originally Posted by ⌐ AV8OR WANNABE View Post
I don't really care about who got the most in the last contract as we'd argue this for ever. However, the way I see it the senior group got a million and a half year pay raise over night - money they never even included in their retirement planning.
First of all, $1,500,000 for five years equates to an annual salary of $300,000. Your math might be a bit high to be used with such a broad paintbrush.

Secondly, don't forget that in many cases, certainly not all, that the money that wasn't "included in their retirement planning" might very well help offset what was lost due to a pension termination.

However, as someone in this thread has stated, any 59 year 364 day old pilot who gets to stay and gloats about it is indeed a complete jerk, IMO.

Last edited by fireman0174; 12-23-2007 at 05:51 AM.
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Old 12-23-2007, 06:09 AM
  #112  
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Originally Posted by mundo1 View Post
I disagree. But in order not to hijack the thread and to spare everybody from the boredom of having to explain to you the difference between an analogy and a hypothetical, I will put this discussion to rest.

P
I like boredom...1 change in 50 years doesn't make something fluid, if 65 were to revert to 60 then I would say it might be fluid, but not if it takes 50 years to change back.
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Old 12-23-2007, 08:20 PM
  #113  
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Originally Posted by fireman0174 View Post
First of all, $1,500,000 for five years equates to an annual salary of $300,000. Your math might be a bit high to be used with such a broad paintbrush.
I think he is talking about the pilots at UPS in which case $300,000 might be slightly high but it's close if you consider B plan contributions and maybe some open time pickup.
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Old 12-24-2007, 04:20 AM
  #114  
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Originally Posted by Freightpuppy View Post
I think he is talking about the pilots at UPS in which case $300,000 might be slightly high but it's close if you consider B plan contributions and maybe some open time pickup.
It seems to me that's a small percentage of the "senior citizen 121-pilot group".

But hey, more power to the guys and gals that can achieve that goal.
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Old 12-24-2007, 10:54 AM
  #115  
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Originally Posted by fireman0174 View Post
It seems to me that's a small percentage of the "senior citizen 121-pilot group".
LOL! I agree. I was just saying that I think that's who Aviator Wannabe was talking about.
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Old 12-27-2007, 07:47 AM
  #116  
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First of all, $1,500,000 for five years equates to an annual salary of $300,000. Your math might be a bit high to be used with such a broad paintbrush.

Secondly, don't forget that in many cases, certainly not all, that the money that wasn't "included in their retirement planning" might very well help offset what was lost due to a pension termination.

Well, I was mainly talking about purple and brown pilots here and I think the numbers are pretty accurate. Also, they still do have an A and a B plan on top of the 401k savings.
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