Originally Posted by Gooner

I recommend everyone speak to a union rep. I did During one of their many visits to crew bases. If you talk to them you will see that they aren’t going in as crazy as we are painting them here. They know it’s unlikely to get another DB plan, but they have to look in to it and what new options are available.

I was told that they want to increase DC to increase the percentage of pilots who max out every year but also find other tax free ways to get us our money once we hit the max. Such as putting it into our HSA or other vehicles to use in retirement.

They also want to drastically reduce our medical costs but in a way that everyone gets the benefit. The option mentioned to me was a insurance premium credit, paid out to the highest priced medical plan (DPMP) and you can either have your premiums paid for or take the credit as pay if you have your medical insurance.

As some others have said, we would vilify them if they didn’t look and subsequently miss a great deal because we were scared of getting burned.