Originally Posted by
UALinIAH
Meanwhile all we have to do it point to DAL's IRS approved plan that does not restrict company contributions. I'm not buying the excuse. I do think the company wants to limit their exposure for potentially having to plus up if the plan loses money. I think the company probably said if you want this before it's approved you have to give up our exposure. So ALPA blinked.
Hopefully at some point ALPA can tell us why the company thinks there’s a difference between our plan and Delta’s. They aren’t gaining anything by imposing this rule. They give us the exact same amount of money, it just goes to a different account. Maybe they are being more conservative than we think is reasonable, but if it were 100% cut and dry, why would they be insisting on this? What do they care?