What will the new CBA look like?
#101
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Posts: 1,236
#102
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Posts: 666
#103
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Posts: 666
That match increases to 65%, 70%, 75%, and 80% over the longevity of the CBA.
#105
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In all honesty those rates will attract new guys, probably keep the Captains around, won't be a big increase in costs considering that the last increase was 10 years ago, and now he'll have 10 years at these rates. IF what you're saying is true - that the rest of it is mostly current book - then this CBA will accomplish every goal management had.
#107
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The problem with that is gonna be the match. You'll have Captains that max out their annual contributions and will have to pay taxes on the money twice to get the match. Once when they put the money in and once when they take it out. It really needs to be a DC.
#108
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#110
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Joined APC: Sep 2015
Posts: 666
Ok... So you did get 3% extra on retirement. That's well short of what you deserve but also more than I figured he'd give you. Given the circumstances - an arbitrated contract - that's a small victory.
The problem with that is gonna be the match. You'll have Captains that max out their annual contributions and will have to pay taxes on the money twice to get the match. Once when they put the money in and once when they take it out. It really needs to be a DC.
The problem with that is gonna be the match. You'll have Captains that max out their annual contributions and will have to pay taxes on the money twice to get the match. Once when they put the money in and once when they take it out. It really needs to be a DC.
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