Kalitta Pilots CBA update
01-11-2021, 04:28 PM
#81
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Joined APC: Apr 2016
Posts: 829
Originally Posted by goinaround
Nobody has heard anything. And I definitely would be disappointed in our union negotiators if that’s what this AIP consisted of. They would definitely NOT agree to that.
01-11-2021, 04:32 PM
#82
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Joined APC: Feb 2018
Posts: 67
It’s total comp. Which is mostly realized in the increase in the 401k. Take home paycheck isn’t gonna change much, about $4500 more per year vs the current contract or about $15,000 over 3 years. The remainder of the $71,000 about $18k per year ($56k over three years) will be deposited into your retirement.
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01-11-2021, 04:49 PM
#83
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Joined APC: Oct 2012
Position: B777 CA
Posts: 585
Originally Posted by goinaround
Nobody has heard anything. And I definitely would be disappointed in our union negotiators if that’s what this AIP consisted of. They would definitely NOT agree to that.
our MEC has the duty to do that
not an easy decision for a whole host of reasons that will be talked about
we however support their decision to bring the full deal to the group
Last edited by Lockheed; 01-11-2021 at 05:08 PM.
01-11-2021, 08:39 PM
#84
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Joined APC: Apr 2016
Posts: 829
Originally Posted by Asci
It’s total comp. Which is mostly realized in the increase in the 401k. Take home paycheck isn’t gonna change much, about $4500 more per year vs the current contract or about $15,000 over 3 years. The remainder of the $71,000 about $18k per year ($56k over three years) will be deposited into your retirement.
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01-12-2021, 05:29 AM
#85
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Joined APC: Mar 2012
Position: Gear Slinger
Posts: 708
Originally Posted by Lockheed
some charts and graphs didnt make it into the message today...but they coming
for instance
the average 4 yr 747 capt today will make 71k more in 3 years
average 2 year 747 FO will make 63k more
for instance
the average 4 yr 747 capt today will make 71k more in 3 years
average 2 year 747 FO will make 63k more
01-12-2021, 07:26 AM
#86
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Joined APC: Jan 2013
Position: Doing Just Fine
Posts: 356
Originally Posted by Lockheed
some charts and graphs didnt make it into the message today...but they coming
for instance
the average 4 yr 747 capt today will make 71k more in 3 years
average 2 year 747 FO will make 63k more
for instance
the average 4 yr 747 capt today will make 71k more in 3 years
average 2 year 747 FO will make 63k more
That said we can't concentrate on pay alone, unless there are some BIG changes in QOL and especially scheduling shenanigan's it will be a resounding NO from me and I think a lot of others.
01-12-2021, 10:11 AM
#87
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Joined APC: Jun 2014
Posts: 1,236
Originally Posted by WhaleWrangler
Email this evening and that's what was put out
• A 2.5 % increase per year in Crewmember pay rates
• A Non-Elective Direct contribution to our 401(k) Accounts the first 2 years at 6% and 7% thereafter
April 1st is a long way off to start joking 😡😡
• A 2.5 % increase per year in Crewmember pay rates
• A Non-Elective Direct contribution to our 401(k) Accounts the first 2 years at 6% and 7% thereafter
April 1st is a long way off to start joking 😡😡
01-12-2021, 10:18 AM
#88
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Joined APC: Jan 2013
Position: Doing Just Fine
Posts: 356
Originally Posted by Globemaster2827
So if I'm reading this right you'll still get the 5% match to $10,000. And you'll get the 7% eventually. So for a Captain making $300k that'd be $31k a year in retirement. That's still a big improvement. I wouldn't blame yall for voting no for more pay increases in addition to that...
01-12-2021, 12:01 PM
#89
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Joined APC: Aug 2007
Position: Always Fly With Favorite Captain
Posts: 376
Originally Posted by WhaleWrangler
NO COMPANY MATCH that's gone just the percentage DC.
If I'm understanding the $290K income reference limit correctly, and my public school math is still good, any K4 pilot making $290K or greater would get a $17,400 DC contribution the first year of the contract, rising to $20,300 2 years later under a no cap scenario. That would be good improvement over the current, 5%/$10K cap "pay to play" system if the preceding sentence is true.
01-12-2021, 12:40 PM
#90
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Joined APC: Oct 2012
Position: B777 CA
Posts: 585
Originally Posted by vroll1800
Key question: Has the present $10K DC cap been removed or modified ? If the later, what has hard dollar cap been raised to ?
If I'm understanding the $290K income reference limit correctly, and my public school math is still good, any K4 pilot making $290K or greater would get a $17,400 DC contribution the first year of the contract, rising to $20,300 2 years later under a no cap scenario. That would be good improvement over the current, 5%/$10K cap "pay to play" system if the preceding sentence is true.
If I'm understanding the $290K income reference limit correctly, and my public school math is still good, any K4 pilot making $290K or greater would get a $17,400 DC contribution the first year of the contract, rising to $20,300 2 years later under a no cap scenario. That would be good improvement over the current, 5%/$10K cap "pay to play" system if the preceding sentence is true.
only IRS maximum caps
$290k 2020
$295k 2021
$300k 2022
$305k 2023
etc...
might have those numbers 1 yr off..cant remember
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