Originally Posted by
Surprise
According to APC Delta's 401k contribution is only 2%, plus matching. Is this true?
It also says they get a 3% raise in 2015. So we'd stay above them by 3%, but not 6-7% as some have mentioned.
It's 15% into a DC plan. We had 2 plans and one was 2% and the other 13%. They have been merged into one plan. There is a 3% raise on 1 Jan. The profit sharing is also pensionable and paid the 15% unlike UAL. They get 16 but profit sharing is not pensionable. At this years profit sharing it will mean an effective rate just above 17%.