Originally Posted by
CHAIRMAN
Other issue with the Veba is when you die it does not pass to your estate just back into the fund for all the other pilots. Also it takes 2 pay cycles for the 401k contribution to take effect when changed so waiting till you hit the max and then selecting zero will put at least $1500 or more into the Veba
That is completely false. Go to the ALPA R&I page and look at the plan. Section 6 and 7 are there specifically explaining how your spouse (or other named beneficiaries) can use you RHA upon the pilots death. Please actually READ what ALPA has put out for us before posting things as fact.
But yes, there is a lag on changes to your 401k deductions. We are still talking about UALs joke of an IT department.