Originally Posted by
ERflyer
The problem with all of this is that there is one pot of money in a contract. ~$350-400M +\- a year. We divide it up anyway we want to. If there is more money going to a “new pension” there is less, or no, money going somewhere else.
I’d rather just have a larger percentage in the DC plan.
Nothing wrong with getting more in the DC plan AND some sort of additional plan. There is a point in which adding DC contribution doesnt help your retirement once you max out. With the payrates increasing most of the pilot group should be maxing their 401k's out every year. Some sooner than others but at some point it rolls into taxed cash payout which while not a bad thing there may be options out there to further retirement monies and savings. I'm willing to hear all options and would love increased 401k contributions + maybe something like fedex has after retirement on top of their 401k.