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View Full Version : Delta B Fund %


Riddler
09-16-2007, 06:15 PM
What is the real contribution % to the DAL B Fund? This website lists 9%, but WFFF lists up to 19.2% depending on years of service. That's a huge difference, so what is correct?
http://willflyforfood.cc/airlinepilotpay/Delta_Airlines_Pilot_Pay.php

Thanks,
Riddler


acl65pilot
09-17-2007, 08:57 AM
It is 9%. There is no more than that. They also add 2% to a 401K. What you are looking at is pre LOA numbers.

SharkyBN584
09-17-2007, 08:23 PM
This may sound stupid, but I have zero knowledge of pensions as far as A Fund/B Fund. What's the difference? What does it mean to have a 9% B Fund? Sorry for the ignorance...I'm just too young to have any involvement with any sort of pension. All I got is my own investments and a 401k for retirement...


ghilis101
09-18-2007, 01:27 AM
well dont worry about finding out what an A fund is (traditional company funded pension, in the glory days this was where the big money was when you retired). youll never get to experience having one :( well unless you get hired by AA years from now and they havent gotten rid of it

seaav8tor
09-18-2007, 02:28 AM
FedEx
UPS
American
Alaska
?

Oldfreightdawg
09-18-2007, 05:01 AM
This may sound stupid, but I have zero knowledge of pensions as far as A Fund/B Fund. What's the difference? What does it mean to have a 9% B Fund? Sorry for the ignorance...I'm just too young to have any involvement with any sort of pension. All I got is my own investments and a K for retirement...

Go to the front page of this web site, there are two excellent articles explaining the difference. But basically a B-fund is just like a 401K, except the company makes the contributions on your behalf, in this case 9% of your pay would go into a B-fund at delta.

http://airlinepilotcentral.com/articles/jim_magner/airline_pilot_retirement_plans_%7c_part_1_20070609 235.html

BTW you're never too young to worry about retirement.



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