Originally Posted by
RedeyeAV8r
The problem is the IRS Caps are just as detrimental to B-Funds.
The B-fund is rumored to go to 8% and and then 9% although not for a few years.
So this is a positive for people with more than 8 years to go although it would be more positive if it was an immediate 9%.
Yes and I'm still trying to figure out how it all works but my understanding is it is only on the first $265,000 of earnings so its not a true 1% now and 1% later. If you make over $265, and I bet over half our crew force does or soon will with the new pay rates, you are not getting what you should. The extra over the $265 should have been paid to us directly.