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Old 11-26-2013 | 05:42 AM
  #63  
benzoate
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Originally Posted by CeterraDesunt
Retirement:

100% matching up to 5% of your salary. Plus another 5% of some sort of "profit sharing" and another 3% for some other sort of profit sharing.

It's all kind of weird as they have to have these retarded "workarounds" to give the pilots some semblance of retirement because we are not a separate work group, thanks to us not being union.

Bottom line:
1. You kick in at least 5% and bluejet contributes 13% total of your salary.

-or-

2. You don't kick in any, bluejet contributes 8% total of your salary.

Like I said, it's sort of retarded.

By comparison, Alaska pilot gets 15% from the company no matter how much the pilot kicks in on their own.
Don't forget the profit sharing "cliff" and Jetblues ability to cancel the plan. Overall it's a clever scheme compare to our peers.
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