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Old 09-21-2010 | 06:48 AM
  #218  
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Carl Spackler
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Joined: Apr 2008
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From: 747-400 Captain
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Originally Posted by 1234
I am not sure if the staff is growing or not, but after taking a quick look at the consolidated 2007 & 2008 financial reports. The current liabilities for Salaries and vacation pay went from $3,671,679 in 2007 to $6,013,204 in 2008 (approximately a 64% increase). Note, this is not the elected members as they have a separate line item for Members flight pay loss.

A couple of other nuggets from the report:

Defined Contribution Plans
All full-time employees with at least one year of service are eligible for participation in one of the following three deferred savings plans established for each group of employees: management non-bargaining, bargaining professional administrative, and bargaining non-exempt employees. The Association matches employee contributions $2 for each $1 contributed, to a maximum of 10 percent of the covered pre-tax compensation for participating employees.

Postretirement Medical Benefits
The Association provides comprehensive medical and dental health care benefits for retirees and their spouses and dependents.
Thanks for those numbers. They are worse than I thought.

Carl
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