Originally Posted by
flyguy81
SWA’s PS WAS the retirement program back in the 70’s. OAL’s had pensions, SWA never did.
The way it was structured nearly 50 years ago, there was no individual choice.
Delta and other OAL’s PS programs are decades newer and structured with an individual choice.
FWIW, I got cash back by yr 3.
FWIW I am year 5….max out 401K and have NEVER received cash back….only got PS 2 times. One at 4 percent and one at 11 percent. I credit 123.7 trips per month since DOH so it’s it like I am sitting around in my hot tub.
Only way to pull it off is credit 140 plus a month AND be over age 50 and MAX out the 401K contributions. Or be super senior or a captain. Run the math at guarantee and see when you get cash back?
I want 50 percent pay raise and they can keep the crappy PS that doesn’t pay out most of the time. Dump the SWAG points and RR points also, just pay me cold hard cash.