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<blockquote data-quote="quadro" data-source="post: 584474" data-attributes="member: 12850">Your numbers don&#039;t add up.&nbsp; Not saying that the $2600 isn&#039;t correct but either you&#039;re missing some facts or $2600 isn&#039;t correct.&nbsp; If he was an ops manager for 17 years and downgraded 3 years ago, then he has at least 19 years under the DBP (unless he switched in 2003 and that skews things even more).&nbsp; If he was earning $114,000 and has been in 2 major markets then it would be fair to say that the pay scales in both markets were the same or similar.If he received a 3% raise each of the last 5 years as a manager his approx high 5 average would be about $107,000.&nbsp; $107K x 19 years x 2%= $40660.$40660/12 = ~$3400 per month.Depending on his age and how much longer he works at FedEx and how much he earns, there would be PPP money in addition to that.Not saying it&#039;s like winning the lottery but it is substantially different than what you are claiming.Your proposed alternative is a Teamster pension.&nbsp; There&#039;s no guarantee that it wouldn&#039;t be the Central States plan.&nbsp; Given the problems that&#039;s having, I&#039;d be very, very concerned that that&#039;s exactly where my pension might end up.</blockquote>

[QUOTE="quadro, post: 584474, member: 12850"] Your numbers don't add up. Not saying that the $2600 isn't correct but either you're missing some facts or $2600 isn't correct. If he was an ops manager for 17 years and downgraded 3 years ago, then he has at least 19 years under the DBP (unless he switched in 2003 and that skews things even more). If he was earning $114,000 and has been in 2 major markets then it would be fair to say that the pay scales in both markets were the same or similar. If he received a 3% raise each of the last 5 years as a manager his approx high 5 average would be about $107,000. $107K x 19 years x 2%= $40660. $40660/12 = ~$3400 per month. Depending on his age and how much longer he works at FedEx and how much he earns, there would be PPP money in addition to that. Not saying it's like winning the lottery but it is substantially different than what you are claiming. Your proposed alternative is a Teamster pension. There's no guarantee that it wouldn't be the Central States plan. Given the problems that's having, I'd be very, very concerned that that's exactly where my pension might end up. [/QUOTE]

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