Originally Posted by
interceptorpilo
Found it. Thanks for the point out. Don’t know if you saw this part:
Actuarial modeling has demonstrated that a 25% DC contribution will allow a pilot to achieve the level of savings (over a 30-year career with average returns) required to provide income in retirement similar to that of the former Delta pension.
Its interesting that years ago when we were at 9% they said we needed 16%. The DC type plan also remains in your estate vice going away at your death.
The 25% combined with the pay increases I saw doubled the yearly DC contribution. We also had additional asks with the plus up or whatever we called it.