Airline Pilot Central Forums

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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)

- Cargo (https://www.airlinepilotforums.com/cargo/)

- - FDX-Veba (https://www.airlinepilotforums.com/cargo/35767-fdx-veba.html)

parks31

01-15-2009 12:57 PM

FDX-Veba

Can someone please remind me what Veba goes toward again? Thanks

Jetjok

01-15-2009 01:11 PM

The VEBA Plan is a tax-free health reimbursement arrangement (HRA) that enables FedEx to make tax-free contributions into a special trust account on ones behalf. These tax-free funds can then be used to pay or reimburse eligible out-of-pocket health care costs and premiums for that individual, their spouse, and other qualified IRS dependents.

JJ

parks31

01-15-2009 01:38 PM

Thanks, Did anyone else notice their ALPA dues were double the usual amount this month?

Curby

01-15-2009 01:39 PM

Opt Out?

Anyone point me to info on opting out of VEBA?

HankHill

01-15-2009 01:56 PM

Ditto for me. If I can get out, I will. If I remember correctly I'm not eligible for it anyway(Not old enough).

FDXer

01-15-2009 01:58 PM

Quote:

Originally Posted by parks31 (Post 538543)

Thanks, Did anyone else notice their ALPA dues were double the usual amount this month?

Did you sell back vacation? Any extras in December plus vacation buyback would be taken out this month.

MEMFO4Ever

01-15-2009 02:00 PM

Quote:

Originally Posted by Jetjok (Post 538498)

The VEBA Plan is a tax-free health reimbursement arrangement (HRA) that enables FedEx to make tax-free contributions into a special trust account on ones behalf. These tax-free funds can then be used to pay or reimburse eligible out-of-pocket health care costs and premiums for that individual, their spouse, and other qualified IRS dependents.

JJ

Anyone know if there's a way to check the balance and status of this trust account?

KnightFlyer

01-15-2009 02:00 PM

Quote:

Originally Posted by parks31 (Post 538543)

Thanks, Did anyone else notice their ALPA dues were double the usual amount this month?

Yes. I was just about to ask the same. Mine wasn't double but higher than I expected. It should be 1.9% of last month's pay (5 wk month), correct?

FDXer

01-15-2009 02:08 PM

Quote:

Originally Posted by KnightFlyer (Post 538578)

Yes. I was just about to ask the same. Mine wasn't double but higher than I expected. It should be 1.9% of last month's pay (5 wk month), correct?

1.95% plus vacation buyback.

parks31

01-15-2009 02:11 PM

The vacation buyack makes sense. Thanks

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