The artificial cap. They even addressed it in the Q&As. They admit the company has already committed to filing for a PLR. So why the rush to vote on something before we know the results?



Q: Can ALPA request a Private Letter Ruling (PLR) from the IRS on the application of the Contingent Benefit Rule?

A: ALPA cannot request a PLR because we are not the plan sponsor. If ALPA wants United to pursue a PLR, we would need agreement between United and ALPA on the request. United has committed to filing for a Private Letter Ruling (PLR) on whether the PRAP Employer Contribution amounts need to be reduced with the CBP whether the LOA passes or fails, subject to MEC approval.”