Diesel-9
Well-known member
- Joined
- May 1, 2005
- Posts
- 527
NWA pension will be a soft or hard freeze as legislation is finalized. Biggest item remaining in negotiations is how to handle medical retirements and disability coverage. New formula has me with 18 years getting 43% of current FAE with no increase to FAE my last 11 years. In todays dollars if I were 60 I would get about 23% less. And then will have 11 years of defined contributions to the 401K. Percentage being negotiated, guessing 8-12% targeted plan based on age and years of service. Will be decent totals but not what it once was.