[PRCo] Re: pat

hrbran99 at adelphia.net hrbran99 at adelphia.net
Mon Oct 23 00:10:03 EDT 2006


As for #1, pensions at PAT and also here at RTA in Cleveland are based on the highest/best five years.

As for #2, yes operators, mechanics, office workers, everyone tries to get as much time as possible into their last five years to get a higher pension.
--
HrB

---- Fred Schneider <fwschneider at comcast.net> wrote: 
> My questions would be:
> 
> 1.  Are pensions paid based on a 40-hour a week base pay or on total  
> compensation during the last or highest so many years (usually three  
> or five years)?
> 
> 2.  Are the drivers manipulating the working hours to squeeze as many  
> hours into overtime pay to increase pensions just before they retire?
> 
> If the rules allow it, one can not fault them for doing it.   But one  
> can fault administration for allowing the rules that allow it.
> 
> In my particular instance I chose to retire at a time when I had an  
> extra pay period in the highest three years used for calculating  
> retirement.   Was I wrong?   I don't think so.   I had the sense to  
> see what the sacred scrolls said and to manipulate when I chose to go  
> out.   One more pay period gave me a few percent more in the  
> pension.   I wouldn't blame the drivers any more than I blame myself  
> for finding the loophole.
> 
> On Oct 21, 2006, at 1:18 PM, Jim Holland wrote:
> 




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