Originally Posted by notEnuf (Post 3532789)

M. Excess Payments on Account of Limits under the DPSP

This is the section you are referring to and it exists only because otherwise it could be argued that overages could be forfeited. We are limited, that's the only reason you get overages.

Originally Posted by notEnuf (Post 3532783)

We have already negotiated it. Its in the process of approval now, but will be held up indefinitely if we don't fix what the IRS wants.

Originally Posted by OOfff (Post 3532795)

so again, nowhere does the contract specify that the intent of overages is to be locked into non-optional, low-return plans, and even the LOA specifes optionality. So there’s the “intent”

Originally Posted by boog123 (Post 3532773)

Of course someone like you would not support something that not only would help you, but someone that lost more than you can even imagine. While you use the example of roughing it at the regionals, we know that’s really not your case.



As far as making more money as a B, of course. Everyone knows that is how it works. Why do you constantly have to blow your own horn about your earnings, business’, yearly returns, newspaper articles. Odd if you ask me but whatever.

Originally Posted by notEnuf (Post 3532758)

Explain to me what the effective difference is between increasing DC to increase taxable wages and increasing pay rates. If we fail to get more DC then we are keeping your hourly rate bound to "reasonableness" with no real increase for retirement. The only way we justify more DC is to have a place to put it that isn't regular income.

Originally Posted by notEnuf (Post 3532803)

The LOA has yet to be implemented. I know it says optional but since that isn't happening we are having a conversation about whether we should abandon it all together. I say no and lets put it to a vote. The group will decide and I'm fine with that. We pursued this LOA for a reason, that reason has not changed. And now that outcome has real implications for increasing our DC.

Originally Posted by bugman61 (Post 3532822)

Sure I’ll bite. But I doubt it will make any difference to you.

DC is a percentage. Not everyone make the same amount. Some people never hit irs limits. Some people hit them in August. A DC percentage that allows the company to fill your 401k at the compensation limit is perfectly reasonable. But that would mean that a significant number of pilots have overages. I want them to have choices with that money. You want to confiscate it.

Originally Posted by notEnuf (Post 3532834)

You have already confiscated mine if that's the rhetoric.

Originally Posted by OOfff (Post 3532829)

the LOA was pursued to give pilots an optional vehicle if possible.

Originally Posted by OOfff (Post 3532835)

not at all. It’s in your check. Have fun with it, or don’t. The intent of it is to be paid as cash and subject to individual pilot choice