Nosmo King
07-25-2008, 09:19 PM
Just received via e-mail from ALPA HQ.
Starting July 28, the ALPA Board of Directors will be voting on a change to the ALPA Constitution and By-Laws. If approved by two-thirds of the BOD, this change would make all pilot salary deferrals to 401(k) pension plans subject to dues. :eek:
This would replace existing policy—currently pilot contributions to 401(k) plans are exempt from dues only if the 401(k) is the pilot’s only pension plan—and would both clarify ALPA policy and ensure that it applies consistently to members across the Association. The proposed revision was strongly endorsed by the Executive Council and Executive Board. Please watch this video outlining why this vote matters to all ALPA members.
Starting July 28, the ALPA Board of Directors will be voting on a change to the ALPA Constitution and By-Laws. If approved by two-thirds of the BOD, this change would make all pilot salary deferrals to 401(k) pension plans subject to dues. :eek:
This would replace existing policy—currently pilot contributions to 401(k) plans are exempt from dues only if the 401(k) is the pilot’s only pension plan—and would both clarify ALPA policy and ensure that it applies consistently to members across the Association. The proposed revision was strongly endorsed by the Executive Council and Executive Board. Please watch this video outlining why this vote matters to all ALPA members.
