Flying Boxes,
our B plan goes to 9% January 1st.
Delta DOES have Cash over Cap. And profit sharing is pensionable. One of our transitioned Delta Pilots pointed out that a Delta Pilot can use their Profit Sharing tool to have 100% of their profit sharing deposited into their DC as permitted under a 401(a) plan.
Asking a Delta Bud about the whole process and his confusion over the issue leads me to think not a whole lot of Delta folks make use of it that way. Some of whom have commented on the Delta forum here that doing so just makes the Cash over Cap start early. Others totally miss the deadline.
So, what else is new regarding pilots and $$.
The equivalent value of our current A plan. In general, if you wanted to generate 130k in cash flow without fear of outliving your savings, you would need to accumulate roughly $3.2M. Over a 25 year period, at a 6.5% return, that means saving $4,273 each and every month or $51,276 each year. If you don't do that well, or want to be a bit conservative and still hit the goal. Then at 5.5% returns you'd need to save $4,984 each month or $59,808 every year.