No, you just didn't pay attention.

IF you are a top scale 737 CA you only need an 11% raise in HOURLY rates to be equivalent to SW 737 CA who contributes 7% of his pay into his 401k.

There are WAY, WAY too many qualifiers in the "original author's" statement to make that a useful fact(but it IS a fact).

I do not consider that(SWA rate+DC) as a part of what I will use to determine an "industry leading" contract.

The devil is in the details.... and my Rep feels the same way!