Originally Posted by sailingfun (Post 2914483)

How exactly do you think you will get the company to agree to that?

Originally Posted by sailingfun (Post 2914478)

I like what GZSG says about supporting the MEC leadership and how he applied that concept to past MEC’s. Opps, maybe not a good example!

Originally Posted by Herkflyr (Post 2914488)

I actually want to agree with you. I support our MEC, MEC Chair and Negotiators.

I've been very pleased with the communication efforts from this MEC, both regarding the negotiations and more day to day stuff.

However, regarding the "hater club" which group are you referring to? The TA1 "we'll never get another cent" group, or the Chit Chat "where every day is a rainy day" crowd that honestly thought TA2 would be rejected as well.

Both groups exist, and both are wrong.

Originally Posted by GliderCFI (Post 2914349)

Why? Everyone should be likely maxing out the legal limit as it is after about 3 years on property. Increasing the percentage is basically just a raise in the check. Negotiate that on rates, unless the entire goal of increasing retirement is just boosting W2. I suspect a large issue for many going into retirement isn't so much the money available or coming in, it's the health care money going out. For civilian guys, a commitment to max the HSA and pay premiums to age 67 might be nice. Military guys have other options, but also many have mil pensions to supplement too. Though I'll admit to being fairly ignorant as to how those work, and with Tricare etc.

The only thing that's certain here is that time is not on our side. If the economy is trending downward, while those who would most likely sell something else for pension type restoration move rapidly toward non voting position in retirement, being replaced by young guys whose 401k's would (in theory) be well loaded after 30 years of compounding interest.....seems all the company has to do is drag their feet and wait us out. For that reason, I wonder if a short term deal would be a better way to go. Just get something for guys on the way out, with an annual rate increase at the amendable date, and put either a contractual block on green slip flying after the amendable date, or a blank every pick up is premium pay after the amendable date. Easier said than done, but allows the company to kick it down the road while touting harmony, protects more of the guys retiring...and sets us up for massive gains when retirements peak.

Like I mentioned, I acknowledge I know little in the large scale workings of a lot of this.

Originally Posted by Scoop (Post 2914522)

So now we have two extreme factions or tribes vying for control of DALPA. It seems both sides would rather see the other side fail instead of the Pilot group succeeding.

Originally Posted by Kjazz130 (Post 2914539)

The purpose of increasing the DC contribution is to max out at date of hire. The value of the money in the account earlier is important. And I think far fewer are maxing out at year 3 then you think. I’m at year 4 and I’m not. I have two kids getting ready to go to college so I have other expenses that keep me from maxing out. So I would appreciate an increase and I’m sure there are others that would as well. Also, if everyone’s 401k is increased maybe people would retire earlier. I think your suggestion of HSA maxing is awesome and retiree medical is a must. If you combine those with the DC increase I think you get pretty close to fixing retirement.

Originally Posted by sailingfun (Post 2914564)

I think his point was that for the vast majority of pilots any increase in DC plan contributions is simply a pay raise. The MEC to their credit has looked outside the box trying to find solutions to that issue. Almost every option discussed was blasted by the pilots on this forum.
A 4 year MD88B should pull in about 230,000 a year assuming 1050 credit hours a year and PS. I suspect 1050 credit hours is below the system average. That puts the company contribution at 37,000 a year. A 8% 401K contribution would get you near the limit.

Originally Posted by sailingfun (Post 2914564)

I think his point was that for the vast majority of pilots any increase in DC plan contributions is simply a pay raise. The MEC to their credit has looked outside the box trying to find solutions to that issue. Almost every option discussed was blasted by the pilots on this forum.
A 4 year MD88B should pull in about 230,000 a year assuming 1050 credit hours a year and PS. I suspect 1050 credit hours is below the system average. That puts the company contribution at 37,000 a year. A 8% 401K contribution would get you near the limit.

Originally Posted by sailingfun (Post 2914564)

I think his point was that for the vast majority of pilots any increase in DC plan contributions is simply a pay raise. The MEC to their credit has looked outside the box trying to find solutions to that issue. Almost every option discussed was blasted by the pilots on this forum.
A 4 year MD88B should pull in about 230,000 a year assuming 1050 credit hours a year and PS. I suspect 1050 credit hours is below the system average. That puts the company contribution at 37,000 a year. A 8% 401K contribution would get you near the limit.

Originally Posted by sailingfun (Post 2914564)

A 4 year MD88B should pull in about 230,000 a year assuming 1050 credit hours a year and PS. I suspect 1050 credit hours is below the system average. That puts the company contribution at 37,000 a year. A 8% 401K contribution would get you near the limit.