Originally Posted by
CincoDeMayo
Based on many airlines having health care options for retired pilots and/or LTD pilots, im willing to wager we will have the same when it comes to retirement for us and a few contracts to develop it. I honestly expect this on the next contract. Its pretty much industry standard. Because I have no interest in leaving here, im happy with the HRA Diamond and feel there is a good chance ill take my HRA balance into retirement to use on healthcare needs.
i was under the impression that with the diamond HRA when you leave spirit either Retirement or going to another airline. You don’t take that with you.
You can have 75,000 in the Diamond HRA. (25 years x 3000 year) when you retire and all of it goes back to spirit. You get nothing
whereas the HSA is 2000 free money from spirit every year and a 5300 FSA that you don’t have to use or lose
it’s not spirits call to allow pilots to change the HRA rules to allow us to take the HRA balance with us when we retire because the IRS makes the rules for HRAs. We’d have to get congress to change the rules.