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Xjrstreetcar 10-17-2019 10:42 AM


Originally Posted by Tranquility (Post 2907137)
Any reason why you chose to leave out the A321 override?

Left out this as well. I'd say he was being generous.

A/B Fund:

A Plan: 1% FAE or Flat dollar $4000 times YOS (Max 30 years) equals $120,000/year pension. Flat dollar amount increases to $4200 on 1/1/21

B Plan: 12%

Compared to this-

401K:

12% defined contribution; 1% increase per year to 15%

symbian simian 10-17-2019 11:02 AM


Originally Posted by Tranquility (Post 2907137)
Any reason why you chose to leave out the A321 override?

Lazy?

$14,832 x 1.02 = $15,129, still less than UPS.
And by 2021 only 30 of 193 will be A321, so override will be down to 1.2%....

symbian simian 10-17-2019 11:07 AM


Originally Posted by Xjrstreetcar (Post 2907153)
Left out this as well. I'd say he was being generous.

A/B Fund:

A Plan: 1% FAE or Flat dollar $4000 times YOS (Max 30 years) equals $120,000/year pension. Flat dollar amount increases to $4200 on 1/1/21

B Plan: 12%

Compared to this-

401K:

12% defined contribution; 1% increase per year to 15%

You are seriously suggesting the extra 3% we don’t even get until 2021 is worth more than a $120K/yr payment?

Hint, it costs about $2K a month for 30 years in contributions to get $120K per year for 25 years. The extra company match of 3% is about $500 per month.

Xjrstreetcar 10-17-2019 11:32 AM


Originally Posted by symbian simian (Post 2907172)
You are seriously suggesting the extra 3% we don’t even get until 2021 is worth more than a $120K/yr payment?

Hint, it costs about $2K a month for 30 years in contributions to get $120K per year for 25 years. The extra company match of 3% is about $500 per month.

Definitely not. I was supporting you. Amortized value of UPS pension is enormous. Apologies, thought the math was obvious.

symbian simian 10-17-2019 11:48 AM


Originally Posted by Xjrstreetcar (Post 2907199)
Definitely not. I was supporting you. Amortized value of UPS pension is enormous. Apologies, thought the math was obvious.

Ha, sorry, don't apologise, I totally took that the wrong way.

Halon1211 10-17-2019 07:14 PM


Originally Posted by symbian simian (Post 2907106)
Second year FO pay at UPS is more than 5 year captain pay here...

The last time I tried talking about making more money here I got the angry mob coming after me with the pitch forks, good luck.

Apparently people would rather stay here doing “Asheville turns all day” here rather than fly the widebodies at a legacy because they like the style here.

TurboFan 10-18-2019 01:32 AM


Originally Posted by Halon1211 (Post 2907573)
The last time I tried talking about making more money here I got the angry mob coming after me with the pitch forks, good luck.



Apparently people would rather stay here doing “Asheville turns all day” here rather than fly the widebodies at a legacy because they like the style here.



So then why are you still here? Go get in one of them widebodys and start living the charmed life departing Louisville for Dubai at 2 AM.

Skydreams14 10-18-2019 05:31 AM


Originally Posted by symbian simian (Post 2907129)
Flying with a guy that’s waiting for a class at UPS, 81 hours guarantee, $190 per hour : $15,390
NK 72 hours, $206/hr : $14,832

Anyone staying here for the money is wrong.

I hope you get the call to UPS but that is cargo flying not one of the legacys. With American, Delta, and United there is a huge difference in 1st year pay plus time to upgrade back. When you do upgrade you will be making about $15 more a hr because your not going to be on 777. That is leaving spirit as a 5yr CA and upgrading in in 5yrs. Makes no sense for a CA but a FO should definitely go. UPS = not living in base for most people lol

Flightcap 10-18-2019 06:08 AM

Yeah...if it's not ORD the best case scenario for me is three daily flights. If it's not ATL, CLT, DEN, DTW, DFW, or MSP, it's a two leg commute on at least some days of the week. I like where I live too much to move for a job.

Qotsaautopilot 10-18-2019 06:53 AM


Originally Posted by Skydreams14 (Post 2907773)
I hope you get the call to UPS but that is cargo flying not one of the legacys. With American, Delta, and United there is a huge difference in 1st year pay plus time to upgrade back. When you do upgrade you will be making about $15 more a hr because your not going to be on 777. That is leaving spirit as a 5yr CA and upgrading in in 5yrs. Makes no sense for a CA but a FO should definitely go. UPS = not living in base for most people lol

Narrowbody comparison is a lot more than $15/hr, plus retirement, plus profit sharing. Might want to check that number again


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