If you don't contribute to a 401k, then irregardless of pay you're an idiot. Atlas pilots may be paid way under the going rate but its still well over the national median income. Its inexcusable to say you can't afford to contribute especially when the company is offering essentially free money as a contribution. Doesn't matter if its 1, 5, or 16% you're basically telling the company "no thanks" to a ton of tax free money.

 

No arguments for me other than the new guys who may be facing a credit card bill with 20% interest or the retirement contribution. Surprisingly though many who don't put in are off probation.

Still... Our retirement is woefully behind the free market value of our labor. Attrition reflects that.

 

There is no disputing whether or not you trust our negotiating committee. The question is and remains, "WERE YOU THERE?" during negotiations and heard first hand if Dietrich was "pressed to put it writing" or is it hearsay? The point here is that you are just as guilty as Dietrich supposedly is of not answering the question!!

Also, you can't say that new hires will be facing a credit card bill. You have ZERO insight to a new hires finances. You are projecting your opinion onto others to bolster your argument. It makes you sound desperate and uneducated. And once again you are throwing around baseless claims with "attrition reflects that" comment. You just can't help yourself can you? You have been poisoned by your own hysteria....you actually believe the BS you are eating and spewing.

Our contract shortcomings are not in dispute either. It is the ridiculously exaggerated comments that have become well overplayed in this political game that are in question. Get a new hammer.

 

What? It doesn’t matter what they match? The current, pathetic match yields about $5k in company money if you max your contribution. Hardly a ‘ton’ of money, and definitely not tax free.

 

The OP is just saying that to NOT contribute while you are here is throwing away a free contribution regardless of the amount. Our lack of retirement contributions compared to industry peers is not in dispute.

 

Do you tell them this to their faces? No? Didn't think so...

Passing blind and blanket judgment on complete strangers because of their personal financial decisions is the mark of an immature idiot.

Oh, and irregardless is not a word.

 

I don't think the OP is passing blind judgement or implying that he would be calling someone "an idiot" to their face for not contributing to a company 401k program that has matching contribution. But what you did was twist the meaning of the OP's response so you could throw in an insult and correct him at the same time to make yourself look superior. Classic inferiority complex.

Additionally, it is common knowledge that IF a company offers a 401k program, regardless of the amount, it is financially prudent to contribute to get the maximum match and not a penny more. There are far more economic instruments in the industry outside of 401k programs that have greater yields, so if one has the economic resources and wherewithal after making the maximum 401k match any additional contribution amount should be deferred into those programs.

 

The first sentence of his post blatantly achieves exactly as I previously stated all by itself, and the remainder is no better.

Your “defense” is merely a pathetic irony in which you come on with yet a further attempt to blanket-diagnose a complete stranger. Thank you for reinforcing my original point.

 

Whoa, Dave. Have a good coffee with a heavy dose of introspection before you go calling people desperate and uneducated. If needed, re-read your posts and possibly question your life choices. Some of your dribble is pure facepalm. I don't like to get personal, but how much kool-aid is enough?

Wow.

 

Who do you think you are to determine whether my life choices are appropriate or not? Do you actually read the posts or just cherry pick for the sake of pigeon-holing me into your definition of "management stooge"? I did not call anybody desperate but suggested that to use the same tiresome failed political argument, over and over, makes one sound desperate. But if you are going to call my opinion "dribble", please enlighten us all as to which post you are referring? Give us some background on your opinion of mine instead of just lobbing insults with no context.