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Old 01-29-2012 | 03:56 PM
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unit monster
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Originally Posted by Kalamazoo
At the 5th year of service assuming he made 51K, the company would match the initial 5% to contribute $2550, then an additional 4% to add in $2040 according to the Defined Contribution Plan. This would be a company contribution of 9% for a total of $4590 with the pilot contributing a minimum of $2550. I still didn't get to 6k, but 4600 is still impressive.

aha! Thanks, should have read section 25 B.

With ASA's terrible contract in mind I didn't realize there was a defined contribution and stopped at 25 A.

I want a defined contribution too!
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