Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   Contract 2022 (https://www.airlinepilotforums.com/delta/136276-contract-2022-a.html)

interceptorpilo 04-12-2022 04:54 PM


Originally Posted by Trip7 (Post 3405183)
Most of them don't get disability pay(and retirement) until 65 if medically unable to do perform their job either

Sent from my SM-S908U using Tapatalk

We get disability pay and retirement until 65? Funny because when I was out on disability I got 50 % pay and didn’t collect a retirement check.

DWC CAP10 USAF 04-12-2022 04:55 PM


Originally Posted by Iceberg (Post 3405181)
2022 415(c)(1)(A) limit for contributions is $61,000. 2022 401(a)(17) annual compensation limit is $305,000. 61x3=183, 61x5=305. Last year 290k annually and 58k. 2020 285k and 57k. 2019 280k and 56k. You can do the math, but they’re all 20% of the annual income limit. Any contributions you personally make count towards the limit, so that could be why you are getting the DPSP Excess (or whatever they are calling it now).

The advantage of 20% is more tax free retirement contribution for those making less annually. Those making more than the limit see higher taxable income but not more than they would have with just a straight pay raise

From R&I Update 22-01 “Check your checks”

”Combined contribution limit: IRC 415(c)(1)(A) limits the total of your contributions and the Company contributions to the Delta 401(k) Retirement Plan for Pilots to $61,000 for 2022. This limit includes your “401(K),” “ROTH401,” and/or “401k (After Tax)” contributions, but does not include your catch-up contributions. If you reach the combined limit, all further Company contributions are paid as taxable wages and coded on your pay statement as “401(k) Excess”. This amount is not subject to ALPA dues.

Compensation limit: IRC 401(a)(17) limits Delta’s 16% contribution to the first $305,000 of your earnings for 2022. If you earn more than this amount (including profit sharing), Delta’s 16% contribution for earnings in excess of $305,000 will be paid to you as taxable wages and coded on your pay statement as “401(k) Excess Plus.” This amount is subject to ALPA dues.”

Trip7 04-12-2022 04:56 PM


Originally Posted by interceptorpilo (Post 3405184)
We get disability pay and retirement until 65? Funny because when I was out on disability I got 50 % pay and didn’t collect a retirement check.

So you got Disability pay but didn't get 32% DC into your 401K?

Sent from my SM-S908U using Tapatalk

interceptorpilo 04-12-2022 05:06 PM


Originally Posted by Trip7 (Post 3405186)
So you got Disability pay but didn't get 32% DC into your 401K?

Sent from my SM-S908U using Tapatalk

Your post was misleading and said we got disability and retirement until 65. If we go out on disability we get 50% pay. The company also continues to pay 16% DC on your previous full pay averaged over three years INTO our retirement account.

Trip7 04-12-2022 05:10 PM


Originally Posted by interceptorpilo (Post 3405201)
Your post was misleading and said we got disability and retirement until 65. If we go out on disability we get 50% pay. The company also continues to pay 16% DC on your previous full pay averaged over three years INTO our retirement account.

What was misleading about it? Yes our disability pay is 50% but it's 50% more than what most careers pay. We get disability pay and retirement until age 65. Somehow you misinterpreted disability pay and retirement as full pay and retirement distributions

Sent from my SM-S908U using Tapatalk

interceptorpilo 04-12-2022 05:16 PM


Originally Posted by Trip7 (Post 3405183)
Most of them don't get disability pay(and retirement) until 65 if medically unable to do perform their job either

Sent from my SM-S908U using Tapatalk

Trip

This is your post above. In it you literally say that if medically unable to do our job we get disability (and retirement). In that case we get disability and payments into our retirement account. BIG difference.

Trip7 04-12-2022 05:21 PM


Originally Posted by interceptorpilo (Post 3405208)
Trip



This is your post above. In it you literally say that if medically unable to do our job we get disability (and retirement). In that case we get disability and payments into our retirement account. BIG difference.

How is that different?

We get Disability pay and retirement

50% yr FAE Disability pay until 65
16% of your 3yr FAE until retirement

How is this a "Big" difference from disability pay and retirement?

Sent from my SM-S908U using Tapatalk

interceptorpilo 04-12-2022 05:31 PM


Originally Posted by Trip7 (Post 3405213)
How is that different?

We get Disability pay and retirement

50% yr FAE Disability pay until 65
16% of your 3yr FAE until retirement

How is this a "Big" difference from disability pay and retirement?

Sent from my SM-S908U using Tapatalk

Let’s try this one last time Trip. You said that when we are unable to work we get disability (and retirement.) Implying that we get disability pay and retirement pay. We do not. We get disability pay and DC contributions to our retirement account. I would call that a BIG difference. You did not make any distinction between pay, payment or contribution. Thus you were misleading. If you do not understand what I am saying and the difference at this point then I can not help you.
https://tenor.com/beq2I.gif

flyinthrew 04-12-2022 05:34 PM


Originally Posted by DWC CAP10 USAF (Post 3405171)
There is no company match.

DL put in 16% even if you contribute 0%.

I was shocked at how many in my new hire class didn’t know this.

It was the same epiphany when they found out we don’t award short call in the monthly bid.

Like, why did you guys think this was such a great place? The cookies?

Iceberg 04-12-2022 05:35 PM


Originally Posted by interceptorpilo (Post 3405221)
Let’s try this one last time Trip. You said that when we are unable to work we get disability (and retirement.) Implying that we get disability pay and retirement pay. We do not. We get disability pay and DC contributions to our retirement account. I would call that a BIG difference. You did not make any distinction between pay, payment or contribution. Thus you were misleading. If you do not understand what I am saying and the difference at this point then I can not help you.
[img]blob:https://www.airlinepilotforums.com/3ee66bde-cd2c-4c90-98da-52fd2ccf103f[/img]

What retirement pay would you expect to receive?


All times are GMT -8. The time now is 11:05 AM.


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands