Originally Posted by DLax85

I'm not in favor of the TA, and not a fan of the MBCBP, but let's ensure we understand how it truly works. There will still be a 9% B Plan which is currently capped at $330K (IRS limit adjusted annually) = $29,700 this year.....and a totally separate bucket for the 11% MBCBP money - 11% which is capped by the same IRS limit, $330K this year = $36,3000 this year. The company just sent out an email explaining this. The company will not make any contributions to either your B Fund or your MBCBP once you exceed the specified IRS limits each year.

Essentially, we will be selling the A Plan for our new hires for 11%. Previous, ALPA estimates on the value of our A plan were 20-24%. The company is getting a GREAT Deal moving forward.