46 C.F.R. § 404.104 – Ratemaking step 4: Determine target pilot compensation.

Link to an amendment published at 82 FR 41495, Aug. 31, 2017.

The Director determines base individual target pilot compensation using a compensation benchmark, set after considering the most relevant currently available non-proprietary information. For supportable circumstances, the Director may make necessary and reasonable adjustments to the benchmark. The Director determines each pilotage association's total target pilot compensation by multiplying individual target pilot compensation by the number of pilots projected under § 404.103(d) of this part.