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11-16-2022 | 08:54 AM

#321

OOfff

Banned

Joined: Sep 2016

Posts: 8,831

Likes: 499

Quote:

Originally Posted by notEnuf

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.

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”

11-16-2022 | 08:55 AM

#322

MJP27

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Joined: Sep 2014

Posts: 921

Likes: 14

Quote:

Originally Posted by notEnuf

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.

Exactly. The IRS wants to remove optionality. Hence we will never see it .....

11-16-2022 | 09:02 AM

#323

notEnuf

Gets Weekends Off

Joined: Mar 2015

Posts: 13,223

Likes: 670

From: ir.delta.com

Quote:

Originally Posted by OOfff

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”

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.

11-16-2022 | 09:06 AM

#324

Trip7

Gets Weekends Off

Joined: Dec 2007

Posts: 6,144

Likes: 204

Quote:

Originally Posted by boog123

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.

Aye mane, I know I said I got time but I ain't got all day... You said I changed my tune, I need that example of how I changed my tune

Sent from my SM-S908U using Tapatalk

11-16-2022 | 09:24 AM

#325

bugman61

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Joined: Oct 2014

Posts: 1,015

Likes: 13

Quote:

Originally Posted by notEnuf

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.

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.