Originally Posted by Viper446

It's not. Up until last year, the IRS limit was under 260K every year. That was the "qualified" part. The difference between the 260K (contract limit) and the IRS limit was "unqualified"money but still paid. If your FAV is/was over 260K, you have 25+ years and you are covered by the multiplier in the contract, you can exceed 130K with this unqualified money. The whole purpose of the qualifier was to reward those "older" pilots that didn't have enough time left to benefit from the increased B fund. When you look at the matrix, remember that age 60 was still in effect. When you go to, or listen to, the union retirement seminar, it all gets explained.