Minimum Balance Plan
11-16-2022, 08:12 AM
#292
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,033
Originally Posted by bugman61
Lol. Which means that it’s spendable cash that you want to take away.
11-16-2022, 08:14 AM
#293
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Joined APC: Sep 2016
Posts: 6,716
Originally Posted by notEnuf
It's an entire separate section in the PWA. You should read it sometime, it's section 26 BTW. Keep up your credulity, your doing a great job.
11-16-2022, 08:15 AM
#294
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Joined APC: Sep 2016
Posts: 6,716
Originally Posted by notEnuf
By default because of poor planning and a delayed previously negotiated benefit. What is the intent of our retirement DC?
the intent of our DC is to allocate money to us for retirement. My overage is used for that purpose, just not in substandard vehicles that I do not want.
11-16-2022, 08:16 AM
#295
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,033
Originally Posted by OOfff
currently, that PWA section pays me cash that I can do with what I see fit. Why you want to take that away from me is incomprehensible.
11-16-2022, 08:16 AM
#296
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Joined APC: Oct 2014
Posts: 891
Originally Posted by notEnuf
By default because of poor planning and a delayed previously negotiated benefit. What is the intent of our retirement DC?
11-16-2022, 08:17 AM
#297
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,033
Originally Posted by OOfff
poor planning? How so?
the intent of our DC is to allocate money to us for retirement. My overage is used for that purpose, just not in substandard vehicles that I do not want.
the intent of our DC is to allocate money to us for retirement. My overage is used for that purpose, just not in substandard vehicles that I do not want.
11-16-2022, 08:18 AM
#299
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Joined APC: Apr 2018
Posts: 2,987
Originally Posted by notEnuf
Hate to break it to you but your entire 401k is already "locked up" and nope your DC contributions are not spendable cash other than the overage you cherish.
11-16-2022, 08:18 AM
#300
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Joined APC: Sep 2016
Posts: 6,716
Originally Posted by notEnuf
The union should have foreseen this need and we as a group didn't act on this until just a few years ago.
enjoy an MBCBP if you want to. Don’t make me enjoy it.
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