2020 January pay raise.

[Shikaka]

This is right in theory but you would be shocked how few people are disciplined to do anything close to this. Lots of level twelve people I know only put 5% into the TSP because “that’s all the FAA matches up to” or rent because “my credit rating would never allow me to qualify for a mortgage”.

Inability due to personal reasons doesn't necessarily compare to inability due to opportunity.

 

[blarg]

If you work for 30 years at a level 5, that was really your choice.

 

[Jellismate]

If you work for 30 years at a level 5, that was really your choice.

Well I'm 5 years in. And we have yet to release anybody via NCEPT. So you're 1/6th of the way to being full of it.

 

[blarg]

Well I'm 5 years in. And we have yet to release anybody via NCEPT. So you're 1/6th of the way to being full of it.

You're talking to someone who has had many a coworker given 8+ year release dates prior to NCEPT. Get back to me in the other 5/6.

 

[Shikaka]

If you work for 30 years at a level 5, that was really your choice.

Of course it is if you use extremes, but even the lack of opportunity a single year makes regarding the compounded income for a TSP account can be staggering over the span of it's lifetime.

Especially the earlier years of an L20xx account.

You're talking to someone who has had many a coworker given 8+ year release dates prior to NCEPT. Get back to me in the other 5/6.

Or like you said the impact over 8+ years.

At that point it is quite obvious there is a lack of opportunity, not personal choice.

 

[blarg]

I never said there was tons of opportunity to move around. But the implication that everyone in high COL areas can easily max out their TSP and afford a million dollar house clearly doesn't understand the actual cost of living, or how much a million dollar house costs if you don't save up a cool 500+k first.

 

[Shikaka]

I never said there was tons of opportunity to move around. But the implication that everyone in high COL areas can easily max out their TSP and afford a million dollar house clearly doesn't understand the actual cost of living, or how much a million dollar house costs if you don't save up a cool 500+k first.

By your previous reasoning, that's their fault if the spend 30 years in Long Island.

 

[blarg]

By your previous reasoning, that's their fault if the spend 30 years in Long Island.

Not sure what you're getting at here. But if it's that big a deal, magically develop some allergies like someone does around here every couple months.

 

[GMX]

Pay bands are published.

https://www.faa.gov/jobs/working_here/benefits/media/atspp_pay_tables.xlsx

 

[N737ER]

Pay bands are published.

https://www.faa.gov/jobs/working_here/benefits/media/atspp_pay_tables.xlsx

That link sent me to the 2019 Pay Bands/Locality rates spreadsheet (as of this post).

 

[DankVectorz]

That link sent me to the 2019 Pay Bands/Locality rates spreadsheet (as of this post).

2020 for me.

 

[N737ER]

2020 for me.

Removing the cookies from the FAA website solved that problem. Shows 2020 now.

 

[TJ_ATC]

That link sent me to the 2019 Pay Bands/Locality rates spreadsheet (as of this post).

You probably have the 2019 version cached. Just open the link in a different browser or something and you'll see the 2020 version.

 

[Raise when?]

I never said there was tons of opportunity to move around. But the implication that everyone in high COL areas can easily max out their TSP and afford a million dollar house clearly doesn't understand the actual cost of living, or how much a million dollar house costs if you don't save up a cool 500+k first.

12 controller here, idk if my reading comprehension is bad but are people actually suggesting we can afford a million dollar home on our salary? Lol, I don't think it's possible unless you have other income streams or inheritance