Minimum Balance Plan
#391
I don’t know what portion that is but with a rate increase and GSs returning to normal levels, W2s will be roughly the same but with less burn out. My guess is that in 2023 my and most NB As will be right around this level and overages won’t be a significant issue. Bs will be mostly below this. There will always be the outlier that proves the majority. WB As will be the ones dealing with this and they will be tapering risk, meaning more income generating investments. Sounds like you are convinced we will never know. The IRS will not sanction the plan as ALPA originally envisioned.
#392
Can’t find crew pickup
Joined APC: Jun 2021
Posts: 1,944
I’m going on a decade and a half as a commuting narrow-body fo. I can’t afford to miss weeekends and holidays with my kids so I can’t upgrade. People like me are the reason the upgrade has gone so junior. When the list stops moving (and it will), we’re going to see stagnation for a long time. The retirments settle way down in about
#393
#394
November 12, 2020, MEC brief 20-14
November 20, 2020, MEC alert 20-68
#395
The MBCBP is an IRS qualified defined benefit (DB) pension plan that is subject to different limits than the Delta 401(k) Retirement Plan for Pilots. The MBCBP was part of the Delta Pilots’ original C2019 negotiating objectives.
November 12, 2020, MEC brief 20-14
November 20, 2020, MEC alert 20-68
November 12, 2020, MEC brief 20-14
November 20, 2020, MEC alert 20-68
#396
I really couldn't care less about it anymore. They have ****ed around in getting it approved for so long that it has zero value to me. Wait up, let's go get a beer.
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DLax85
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01-18-2017 07:53 PM