Originally Posted by
Qotsaautopilot
Hell even the regional airline Expressjet has a DC of up to 6-7% on top of the match.
Again, at 9% anyone making over $200k is getting hurt by matching. I am for an all DC program but the only way hybrid program would not hurt the high earners would be having the DC as the big number and the match the smaller percentage such as a 10% DC with a 6% match NOT a 9% match with a 7% DC
Another self-serving half truth by Qotsaautopilot. The ERJ contract does have a small DC that is based on their pilot earnings. With a contract that never exceeds 100/hr according to APC. How much do you think that DC is worth to their pilots over the lifetime of their careers at those wages? The CRJ has a small 401K matching based on years of seniority.
But according to your logic, ExpressJet should be trying to leapfrog our contract on rates so they set the bar higher for all other airlines negotiating to then capitalize from, right?
Plain and simple, a DC and a larger match percentage would be an improvement for us in retirement.