FedEx High Five calculation

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At the end of the year, our last "pay stub" lists the year totals of our various types of pay. Which types are not included in our "high five" retirement calculation?

I know per diem is not included, but are sick bank buy back and vacation buy back included? Any other pay types not included?

Thanks.
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Quote: At the end of the year, our last "pay stub" lists the year totals of our various types of pay. Which types are not included in our "high five" retirement calculation?

I know per diem is not included, but are sick bank buy back and vacation buy back included? Any other pay types not included?

Thanks.
take a look into the PBB, all the types of income that count are listed in the retirement section.
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Eligible earnings include, but are not limited to the following:
• All credit hours, including but not limited to:
–Draft
–Volunteer
– Trip make-up for which you receive pay
– International Override
– Passover Pay (POP)
• Premiums for:
– Flex Instructors/Proficiency Check Airmen (PCA)
– Line Check Airmen (LCA)
– Flex Flight Standards Check Airmen (SCA)
– Flight Project Specialist (FPS)
– Technical Advisor/Aircraft (TAA)
– Passover Retro Pay (POR)
– FAA Designee (FAA)
• Sick leave hours drawn from your sick banks (except non-taxable hours drawn from
your Occupational Illness/Injury Sick Bank on or after January 1, 2007, as a result
of a worker’s compensation illness or injury)
January 2013 Pension Plan and Non-Qualified Plans R-11
Pilot Benefit Book
• Amounts distributed from the Pilots’ Retirement Savings Plan’s unused Sick Bank
Account because of the limits imposed by Section 415 of the IRC
• Past Profit Sharing paid in cash*
• Vacation pay
• Signing bonuses paid in 2006 and 2007
• Lump Sum bonus paid in 2011
• Vacation buybacks
Eligible earnings include pay prior to deductions, e.g. pre-tax health care, dependent
care and your PRSP Pre-tax/401(k) contributions.
*Effective June 1, 1999, Pilots are ineligible to receive allocations of Profit Sharing
contributions.


Exclusions from eligible earnings include, but are not limited to:
• Domestic and International Per Diem
• Long Term Disability payments
• PRSP Employer Matching contributions
• PRSP Sick Bank contributions
• PMPPP contributions
• Excess Life Premiums
• Earnings above the IRS compensation limit (earnings above the IRS compensation
limit are covered under the Compensation Limit Plan)
• Reimbursed expenses
• Non-taxable amounts from a Pilot’s Occupational Illness/Injury Sick Bank (OII) on
or after January 1, 2007, as a result of a worker’s compensation illness or injury
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Quote: Eligible earnings include, but are not limited to the following:
• All credit hours, including but not limited to:
–Draft
–Volunteer
– Trip make-up for which you receive pay
– International Override
– Passover Pay (POP)
• Premiums for:
– Flex Instructors/Proficiency Check Airmen (PCA)
– Line Check Airmen (LCA)
– Flex Flight Standards Check Airmen (SCA)
– Flight Project Specialist (FPS)
– Technical Advisor/Aircraft (TAA)
– Passover Retro Pay (POR)
– FAA Designee (FAA)
• Sick leave hours drawn from your sick banks (except non-taxable hours drawn from
your Occupational Illness/Injury Sick Bank on or after January 1, 2007, as a result
of a worker’s compensation illness or injury)
January 2013 Pension Plan and Non-Qualified Plans R-11
Pilot Benefit Book
• Amounts distributed from the Pilots’ Retirement Savings Plan’s unused Sick Bank
Account because of the limits imposed by Section 415 of the IRC
• Past Profit Sharing paid in cash*
• Vacation pay
• Signing bonuses paid in 2006 and 2007
• Lump Sum bonus paid in 2011
• Vacation buybacks
Eligible earnings include pay prior to deductions, e.g. pre-tax health care, dependent
care and your PRSP Pre-tax/401(k) contributions.
*Effective June 1, 1999, Pilots are ineligible to receive allocations of Profit Sharing
contributions.


Exclusions from eligible earnings include, but are not limited to:
• Domestic and International Per Diem
• Long Term Disability payments
• PRSP Employer Matching contributions
• PRSP Sick Bank contributions
• PMPPP contributions
• Excess Life Premiums
• Earnings above the IRS compensation limit (earnings above the IRS compensation
limit are covered under the Compensation Limit Plan)
• Reimbursed expenses
• Non-taxable amounts from a Pilot’s Occupational Illness/Injury Sick Bank (OII) on
or after January 1, 2007, as a result of a worker’s compensation illness or injury

Thanks, KnightFlyer. Appreciated.
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