Okay how about 1989???

Soup

Kingbird, what kind of defined contribution are you getting with that type of defined benefit? I know you've got a target plan, so the amount varies with age (we had one too for about 2 years). Is there a length of service where guys get $0 or very low dollars into the DC because of their DB amount?

zero, due to targeting.

Kingbird-

The good news is that you'll now get your $6,450/mo plus the full Delta DC. Similarly, I'll get my $2,700/mo plus the DC. Still wondering how I'm "better off than NWA", but maybe if they keep telling me that enough it'll sink in!

Soup...still looking for any NWA 1989 or 1990 hires to compare with...

Kind of reminds me of that highly valued Air Force skill... the ability to convince someone they are getting a good deal while you are ramming them in the backside! Trust me this is going to be great for your career!

Soup,

Don't know if it's linear between King and I, but I'm at $2,576 per month as a 9/95 hire.

I am afraid that it isn't linear.....vesting curves begin a 10 yrs and complete at 25 yrs finishing in the time of pension freeze which was feb. of 2007. a guy with 1989 would need to come out and tell us what his frozen benefit at age 60 is. And that would depend on what his final average earnings were at the time also,,,meaning what seat and amount he flew would have significant input on that amount. I am a little too early for the purposes of the question so mine won't help. There was a guy that was 52 a 1989 hire (early 1989) who had been a a320 captain for 2 years and quit to go to FEDEX...he was collecting a little under 5000 a month and flying as an MD11 fo ...I met him in Anchorage.

It's tough to draw conclusions on how you fared by comparing yourself against someone else at a different airline who has more years vested in his DB plan and might have been at a different place in his career than you at the time that the DB plan was frozen or terminated. Even if you get a 1990 hire the comparison is flawed since what he accrued might be different than what you accrued.

NWA pilots are getting 100% of what he accrued. So the question is what percent of what you accrued are you getting through the PBGC, the note and your MPPP?

What were your FAE and what percent of it had you accrued? 35%? How much did you get from the note? I think you said you got about $65K from your MPPP.

Sigh...this really isn't that hard, and that isn't my question. This is an admittedly unscientific poll of what some similarly situated NWA pilots are expecting to get in monthly payments at age 60.

The question you pose is also a vitally important one, but not the very very simple question that I'm asking.

So, let me re-phrase and beg once again that we stick to this question and this question only:

To any NWA 1989 or 1990 hires- When you get your monthly DB check at age 60, what will be the number in the amount box???

Pulling teeth and he's not even a dentist,

Soup

Soup,

I was mistaken. It looks like there are 431 pilots on our list who were hired in '89; 160 who were hired in '90; and 19 who were hired in '91-2.

I looked at the names though. I don't think ANY of them have internet. (That ought to bring them out of the woodworks)