Originally Posted by
pinseeker
How do they get around the IRS limit for earnings on DB plans? What about the IRS limit on yearly DB payout?
we don't. the post about no cap limits on the A plan is incorrect imo.
here is a cut n paste of the contract reference:
A crewmember’s final average earnings will be limited to the lesser of:
(1) the legal limits in effect at time of retirement; or
(2) $300,000.