Thread: Retirement
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Old 10-12-2023 | 09:07 PM
  #16  
JohnnyBekkestad
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Joined: Jul 2014
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From: B747 FO
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Originally Posted by notthesame
I don't see the downside since the retirement doesn't change anyway. Jan 1st, matching stops and 12% DC starts. So if you put 10% in (with no match) you get 22%. Today, without the LOA, you put in 10% and get 22%. Theres no additional money. You get a full 2% retirement bump in 2025 -- more than a year away. Smoke and mirrors.

The simple fact that we're even voting on this leads me to believe that at least some people on the eBoard think this is either a raw deal or that there is more coming to the table if we reject it.
you are wrong, the current is 10% matching +2% DC to 22k and the new proposal is 12% DC to 66k.
you are right though that it really doesn’t affect people that make under 225k.

there are other people, other than aussies, that just want to be able to go to work. That live In other places like Europe and Asia. This would help them in the same manner it would help you. However the international gateway has to be under 1250$ an American based pilot has no limit to the gateway price
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