Can someone post the new payrates?

Thanks

 

Too embarrassed to post them.

 

There is a forum titled compensation it’s buried to page 2

 

Captain Pay Rates

Years of Service
DOS
DOS+1
DOS+2
DOS+3
DOS+4

1
178.31
181.88
185.52
189.23
194.91

2
193.00
196.86
200.80
204.82
210.96

3
196.00
199.92
203.92
208.00
214.24

4
200.00
204.00
208.08
212.24
218.61

5
202.00
206.04
210.16
214.36
220.79

6
204.00
208.08
212.24
216.48
222.97

7
207.16
211.30
215.53
219.84
226.44

8
213.33
217.60
221.95
226.39
233.18

9
218.65
223.02
227.48
232.03
238.99

10
224.13
228.61
233.18
237.84
244.98

11
228.59
233.16
237.82
242.58
249.86

12
237.50
242.25
247.10
252.04
259.60


First Officer Pay Rates

Years of Service
DOS
DOS+1
DOS+2
DOS+3
DOS+4

1
55.95
57.07
58.21
59.37
61.15

2
104.42
106.51
108.64
110.81
114.13

3
112.17
114.41
116.70
119.03
122.60

4
118.52
120.89
123.31
125.78
129.55

5
125.73
128.24
130.80
133.42
137.42

6
130.92
133.54
136.21
138.93
143.10

7
136.90
139.64
142.43
145.28
149.64

8
141.00
143.82
146.70
149.63
154.12

9
146.69
149.62
152.61
155.66
160.33

10
150.34
153.35
156.42
159.55
164.34

11
153.99
157.07
160.21
163.41
168.31

12
157.64
160.79
164.01
167.29
172.31

 

Under current fleet add 2.2% for 321 override.

 

https://imgur.com/a/jWXAr

 

A 3rd year CA at DOS at $196.00 + 2.2% override for A321 is $200.31

Which means even the newest captain upgrades will be cracking the 200/hr threshold. Upgrades are currently running approx. 2yrs 9 mo.

 

Plus 11% DC with any IRS limit overages paid directly to the pilot. That makes it $222.34.

 

You ain’t edumicated. The company can contribute up to $53k to your retirement. You would have to make $481k for them to hit that.

 

The limits shown on IRS.GOV for 2018 are as follows:

"The limitation for defined contribution plans under Section 415(c)(1)(A) is increased in 2018 from $54,000 to $55,000."

"The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,000 to $18,500."

"The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan remains unchanged at $6,000."

Remember that the limit of $55,000 (assuming you are under 50) applies to contribution from all sources, so if you contribute $18,500 then the company can only contribute $36,500.

Now that would mean you would still have to make over $300k, and I think the IRS limits the income that can be used to $275k, so that shouldn't be a factor.