Originally Posted by
Buck Rogers
Because I don't want UAL pilots to sell themselves short.........following is a quote from the Delta MEC Contract Awareness Bulletin 14-01 21 Jan 2014........... kinda long , but salient point is in red at bottom. SUNVOX is doing you a disservice every time he repeats anything about the DC contribution being "backed out". THE DC CONTRIBUTION IS ADDITIVE!!
Defined Contribution Profit Sharing Payment. Since Profit Sharing Plan payouts are pensionable, a pilot will ALSO receive a 15% employer contribution to the Delta Pilots Savings Plan based on his profit sharing payout."...
PSA for your negotiations
BTW....(was 15% back in 2014, now 16% match, eventually going to 18% with approval of TA)
Wow.
Okay, but you really didn't need to post all the gibberish in the middle. All you needed to say was "this information from our Union from 2014 indicates Sunvox is not correct". All I can say is that I am merely repeating what was told to me by an UAL-ALPA rep. If that information is wrong then I apologize for spreading false information, but it doesn't change the discussion immeasurably. We all agree, including myself, that UAL pilots would like to do better with regards to Profit Sharing, but there is significant misunderstanding still about the basics of how the pool is calculated.