[QUOTE=MaxKts;1966993]It is the lesser of 3 categories!

1. 1/2 of Your last 2 years of compensation over $520K

2. 1/2 Your DSA hours times your payrate

I'm probably missing something but a full sick bank, 686 times the new pay rate of $286 for a WB Captain is, $196,196. And the company will only pay you $110K max, right?

My understanding for a WB captain retiring Dec 17, 2019 age 65 with a full DSA.

$110,000. The lesser of.
$40,000 bonus for a 1 year advanced notice.
$70,368 Vacation buyback @ $325.78. Assuming you use none in your last year.
$70,368 buyback of your next years earned vacation even though your gone as a pilot.
$23,456. Buyback of sick your normal sick leave. Not sure on that one.

Total payout assuming you hit all the parameters **** $314,192

While a nice chunk of change I agree anything over 300 hours of DSA is a waste. Still voting No for all the other things so very wrong with this TA. Please correct my math or understanding of this section of the TA.

That's a very good point. I have seen a lot of people talking about full DSA and payouts limited to 110k. But, they are forgetting about your item one. If you have a full DSA a couple of years from now and you want to max at 110k, you have to earn $740,000 over two years to get it.

The kicker to that $740,000 for two years compensation is that none of that compensation can come from using RSA or DSA! Thus, not only do you have to have a full DSA, but you either can't call in sick or if you do, you have to work extra to make up that hole.

This is a really bad precedent to set: don't use vacation, don't use any sick your last two years, work extra, and fill your DSA and don't use it over the last several years when you might need it most.

I've seen plenty of senior guys who in their last few years are getting surgery on knees, backs, lasik, etc. Do it while on FedEx medical. Now the company wins two ways with the second being discouraging use of your sick plan the last few years!

[QUOTE=Viper446;1967004]It is the lesser of the 3 categories and it is not your full DSA but only 1/2 of it!

So, it would be 1/2 of the $196,196. The max payout would be $98,098

You would also have to make around $616,600 ($308,300 per year) and sell back all of your vacation your last 2 years to keep the first part of the equation high enough to max out your DSA buyback.

If you made $800,000 your last 2 years you would still only get the $98,098 due to the "lesser of" clause.

[QUOTE=MaxKts;1967027]If its the lessor of any, its $110K max.

[QUOTE=Viper446;1967216]Exactly. and probably less for the first 2 years.