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10-17-2019, 10:42 AM
#21
Gets Weekends Off
Joined APC: Oct 2017
Posts: 162
Originally Posted by Tranquility
Any reason why you chose to leave out the A321 override?
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%
10-17-2019, 11:02 AM
#22
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by Tranquility
Any reason why you chose to leave out the A321 override?
$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%....
Last edited by symbian simian; 10-17-2019 at 11:24 AM.
10-17-2019, 11:07 AM
#23
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by Xjrstreetcar
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%
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%
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.
Last edited by symbian simian; 10-17-2019 at 11:20 AM.
10-17-2019, 11:32 AM
#24
Gets Weekends Off
Joined APC: Oct 2017
Posts: 162
Originally Posted by symbian simian
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.
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.
10-17-2019, 11:48 AM
#25
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by Xjrstreetcar
Definitely not. I was supporting you. Amortized value of UPS pension is enormous. Apologies, thought the math was obvious.
10-17-2019, 07:14 PM
#26
Gets Weekends Off
Joined APC: Oct 2017
Posts: 2,993
Originally Posted by symbian simian
Second year FO pay at UPS is more than 5 year captain pay here...
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.
10-18-2019, 01:32 AM
#27
Gets Weekends Off
Joined APC: Apr 2008
Position: A320 FO
Posts: 281
Originally Posted by Halon1211
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.
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.
10-18-2019, 05:31 AM
#28
Line Holder
Joined APC: Apr 2019
Posts: 56
Originally Posted by symbian simian
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.
NK 72 hours, $206/hr : $14,832
Anyone staying here for the money is wrong.
10-18-2019, 06:08 AM
#29
Gets Weekends Off
Joined APC: Jun 2014
Posts: 924
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.
10-18-2019, 06:53 AM
#30
Gets Weekends Off
Joined APC: Oct 2010
Posts: 4,603
Originally Posted by Skydreams14
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
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