I keep hearing folks talk about how we're getting hurt on the 401K Years 1-4. I think it is worth clarifying that the 401K for Years 1-4 is not changing at all for current pilots on property. You still get the same 4% match that you always have and that match is fully vested. However, and this is important, the TA does effect pilots coming on the property Oct 1 and later. Their company matched contributions do not fully vest until the 4 year mark....and that is a bunch of crap. That was one (of a few) reasons I voted No on this TA as I'm not going to sell our future pilots short.
Just wanted to clarify as there seems to be a lot of misconceptions out there about our current pilot 401K structure.