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Old 02-12-2020 | 08:34 PM
  #49  
whalesurfer
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Joined: Feb 2013
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Forgot to add, I was also hoping for an over-cap B-plan cash payout once we reach IRS limits.. I believe this provision was given up in the ‘06 contract?

All captains and many FOs reach IRS retirement savings limits which is when the company stops contributing to our B-plans..
I’d rather pay 99% in taxes on whatever the cash payouts might be than to just give it up to the company.

I might be misunderstanding the issue but I vividly remember senior captains telling me how they used to get the over-cap check overages once they reached their IRS limit.

Still a yes voter but I wish the company had to pay us 12% whether we reach the IRS cap or not...

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Kronan - C2078 is correct, there are no changes to our B-plan.
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