Allegiant Air
07-06-2016 | 08:52 AM
#3521
Line Holder
Joined: Aug 2008
Posts: 480
Likes: 43
From: MD80 CA
Like a lot of people have all ready said. For every Dollar you put in the company matches with 2 dollars up to 5% of your income. To get the max TOTAL company Match you have to Put in at Least 5%. You can put in more yourself, however after 5% so 6% and above the company no longer matches.
07-06-2016 | 08:54 AM
#3522
Banned
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
These last two pages speak more to the distrust of the pilots of management than a math lesson.
07-06-2016 | 09:01 AM
#3523
Line Holder
Joined: Aug 2008
Posts: 480
Likes: 43
From: MD80 CA
I get that there is a trust issue, however we at some point have to trust the process. May we have to fight to preserve some of the contract at times in the future, most likely but at least we will have a binding agreement that will give us a grievance process to do that. Unlike now.
07-06-2016 | 09:17 AM
#3524
Line Holder
Joined: Sep 2007
Posts: 57
Likes: 0
From: A-320 First Officer
Regardless of how you feel about this TA, the confusion that some on this forum have created on this 401k is flat out scary. If this is how some of our guys are interpreting a very simple section of our TA one must only wonder if they comprehend the more challenging parts. If you contribute 5% the company puts in 10%, for a total of 15% being put into your 401k. Pretty simple don't you think Barley?
07-06-2016 | 09:21 AM
#3525
Line Holder
Joined: Mar 2011
Posts: 73
Likes: 0
Regardless of how you feel about this TA, the confusion that some on this forum have created on this 401k is flat out scary. If this is how some of our guys are interpreting a very simple section of our TA one must only wonder if they comprehend the more challenging parts. If you contribute 5% the company puts in 10%, for a total of 15% being put into your 401k. Pretty simple don't you think Barley?
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07-06-2016 | 10:15 AM
#3526
New Hire
Joined: Aug 2007
Posts: 3
Likes: 0
07-06-2016 | 10:27 AM
#3527
Line Holder
Joined: Oct 2010
Posts: 1,072
Likes: 17
From: CA
There are some pilots who really believe that management from their first waking thought in the morning 'till they fall asleep at night are only concerned with one thing - THEM. I guess the rest of the airline runs itself.
07-06-2016 | 11:39 AM
#3528
On Reserve
Joined: Mar 2015
Posts: 130
Likes: 11
Well, Allegiant must not be hurting too bad for Pilot Apps. I filled one out a few days back and just got a TBNT email from them. My Resume shows 7200 hrs, 4000 Multi Jet PIC (part 135), 3 types, Company FAA 135 Check Airman, 10 years at the same part 135, and an MBA. Oh yeah, a Vet too...not sure what they are looking for but apparently I'm not it..
07-06-2016 | 11:58 AM
#3529
Line Holder
Joined: May 2016
Posts: 316
Likes: 8
From: AB
Again, that 18K is your max contribution. Once you hit that, they will still pay their match on the 5% the rest of the year. You'll get it in a lump sum deposit during the 1st quarter of the following year. Call Fidelity if you don't believe me.
07-06-2016 | 12:02 PM
#3530
Gets Weekends Off
Joined: Mar 2005
Posts: 468
Likes: 0
From: Off to the left!
Well, Allegiant must not be hurting too bad for Pilot Apps. I filled one out a few days back and just got a TBNT email from them. My Resume shows 7200 hrs, 4000 Multi Jet PIC (part 135), 3 types, Company FAA 135 Check Airman, 10 years at the same part 135, and an MBA. Oh yeah, a Vet too...not sure what they are looking for but apparently I'm not it..
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