Any "Latest & Greatest" about Delta?
05-11-2011, 04:40 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
05-11-2011, 04:59 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
05-11-2011, 05:06 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
05-11-2011, 05:11 PM
Inventory survival kit ..
Joined APC: Jul 2008
Position: Seeking no jacket required rotations
Posts: 1,069
Mind if I ask a few questions?
What needs to be "fixed"? Under the joint contract, all 12000 of us came to the merger with a certain DC contribution, and all 12000 of us get identical DC increases thru 2012, until ALL North guys get identical additional increases to bring the North guys to parity with the South. So are you saying these 200 or so guys are more equal than others, and get their increase early? Good deal for them, but whose pocket does that ultimately come out of?
What needs to be "fixed"? Under the joint contract, all 12000 of us came to the merger with a certain DC contribution, and all 12000 of us get identical DC increases thru 2012, until ALL North guys get identical additional increases to bring the North guys to parity with the South. So are you saying these 200 or so guys are more equal than others, and get their increase early? Good deal for them, but whose pocket does that ultimately come out of?
PMNW pilots hired after September 1, 2007 are not eligible for the NWA Pension Plan, Excess Plan or MP3 Plan. During the merger they were give a modified DC plan increased on an annual basis. In 2012 that DC plan funding will be directly affected by the funding for the NWA Pension Plan even though this group has no financial eligibility for that plan.
The DC plan for all other pilots on the property, including new hires, is 2010-10%, 2011-11%, 2012-12%. The PMNW pilots hired after September 1, 2007 are esssentially getting 3% less in their DC than new hires and get no MP3 and are not eligible for the NWA Pension Plan and Excess Plan.
Maybe alfa can do a better job of explaining this.
What's to fix? Yes, we have to check in a bit earlier than that, if we want to get to the gate 30 minutes early. So we renegotiate the contract so you check in 15 minutes earlier than that, yielding you MAYBE 4.3 more minutes of pay, but only if you're on a credit trip. Is this really worthy of negotiations? For 4.3 minutes.... maybe?
Can't help you with this one.
05-11-2011, 05:19 PM
Gets Weekends Off
Joined APC: Jan 2008
Posts: 496
Contract/401K ?
For all you big-shot, wide-body, moneybag types: What happens when you reach the IRS 401K annual max? Do you get the DC contributions as additional taxable income?
05-11-2011, 05:22 PM
Gets Weekends Off
Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
Too funny!!
05-11-2011, 05:34 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
05-11-2011, 05:37 PM
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
05-11-2011, 05:40 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
05-11-2011, 05:43 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
What I think you are asking is: If you contribute up to the IRS 415C limit of $49k/yr what happens after that?
Magically, the contribution stops and it is just included in your paycheck as spendable income...which is taxable...so people who don't want to work get to spend money you send to the government, but I digress...
Just 'cause I feel like posting this:
http://www.youtube.com/watch?v=qItugh-fFgg
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