Any "Latest & Greatest" about Delta?
Too funny!!
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
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What I think you are asking is: If you contribute up to the IRS 415C limit of $49k/yr what happens after that?
Magically, the contribution stops and it is just included in your paycheck as spendable income...which is taxable...so people who don't want to work get to spend money you send to the government, but I digress...
Just 'cause I feel like posting this:
http://www.youtube.com/watch?v=qItugh-fFgg
Since you quite obviously didn't read the resolution I'll try and summarize it for you (or you could go read the resolution.)
PMNW pilots hired after September 1, 2007 are not eligible for the NWA Pension Plan, Excess Plan or MP3 Plan. During the merger they were give a modified DC plan increased on an annual basis. In 2012 that DC plan funding will be directly affected by the funding for the NWA Pension Plan even though this group has no financial eligibility for that plan.
The DC plan for all other pilots on the property, including new hires, is 2010-10%, 2011-11%, 2012-12%. The PMNW pilots hired after September 1, 2007 are esssentially getting 3% less in their DC than new hires and get no MP3 and are not eligible for the NWA Pension Plan and Excess Plan.
Maybe alfa can do a better job of explaining this.
PMNW pilots hired after September 1, 2007 are not eligible for the NWA Pension Plan, Excess Plan or MP3 Plan. During the merger they were give a modified DC plan increased on an annual basis. In 2012 that DC plan funding will be directly affected by the funding for the NWA Pension Plan even though this group has no financial eligibility for that plan.
The DC plan for all other pilots on the property, including new hires, is 2010-10%, 2011-11%, 2012-12%. The PMNW pilots hired after September 1, 2007 are esssentially getting 3% less in their DC than new hires and get no MP3 and are not eligible for the NWA Pension Plan and Excess Plan.
Maybe alfa can do a better job of explaining this.

And I'm not a C20 guy, so no idea where the resolution would be found. But as for the issue, let me try again. ALL of the NWA guys had a DC plan - some were targeted, some were not. ALL of the DAL guys had a DC plan - none were targeted. EVERYONE got a 1% increase in 2010, EVERYONE got another 1% increase in 2011, and EVERYONE gets another 1% increase in 2012. That seems like the ultimate fair deal to me. ALL of the NWA guys were gonna reach parity either during 2012 or at the end of 2012, depending on the DB funding. That seems like the ultimate fair deal to me, at least among the NWA guys. We could argue that DC parity should have been on day 1, but its my understanding your MEC demanded pay parity, and DAL was unwilling to do both. I could be wrong.
Now, a tiny sliver of NWA guys get parity before all of their counterparts. Hey, if that's what you guys want, but if we're now doing side deals for select groups, I'd like to make a few suggestions of my own. I'll contact my rep.
So who was gonna be recalled? And did C66 pass it?
Again if you read the resolution, the maker wants the gate agents to honor the pilots seniority when assigning seats. Not everyone knows how to check in online, believe it or not, and boarding usually starts prior to the 30 minute point. The resolution said nothing about changing the check-in time for pay.
Gets Weekends Off
Joined: Jan 2011
Posts: 264
Likes: 0
Since you quite obviously didn't read the resolution I'll try and summarize it for you (or you could go read the resolution.)
PMNW pilots hired after September 1, 2007 are not eligible for the NWA Pension Plan, Excess Plan or MP3 Plan. During the merger they were give a modified DC plan increased on an annual basis. In 2012 that DC plan funding will be directly affected by the funding for the NWA Pension Plan even though this group has no financial eligibility for that plan.
The DC plan for all other pilots on the property, including new hires, is 2010-10%, 2011-11%, 2012-12%. The PMNW pilots hired after September 1, 2007 are esssentially getting 3% less in their DC than new hires and get no MP3 and are not eligible for the NWA Pension Plan and Excess Plan.
Maybe alfa can do a better job of explaining this.
This was a substitute resolution. The one it replaced was the Council 66 resolution to recall one of the the three existing members. If you prefer that one you can reintroduce it at your next LEC meeting.
Again if you read the resolution, the maker wants the gate agents to honor the pilots seniority when assigning seats. Not everyone knows how to check in online, believe it or not, and boarding usually starts prior to the 30 minute point. The resolution said nothing about changing the check-in time for pay.
Can't help you with this one.
PMNW pilots hired after September 1, 2007 are not eligible for the NWA Pension Plan, Excess Plan or MP3 Plan. During the merger they were give a modified DC plan increased on an annual basis. In 2012 that DC plan funding will be directly affected by the funding for the NWA Pension Plan even though this group has no financial eligibility for that plan.
The DC plan for all other pilots on the property, including new hires, is 2010-10%, 2011-11%, 2012-12%. The PMNW pilots hired after September 1, 2007 are esssentially getting 3% less in their DC than new hires and get no MP3 and are not eligible for the NWA Pension Plan and Excess Plan.
Maybe alfa can do a better job of explaining this.
This was a substitute resolution. The one it replaced was the Council 66 resolution to recall one of the the three existing members. If you prefer that one you can reintroduce it at your next LEC meeting.
Again if you read the resolution, the maker wants the gate agents to honor the pilots seniority when assigning seats. Not everyone knows how to check in online, believe it or not, and boarding usually starts prior to the 30 minute point. The resolution said nothing about changing the check-in time for pay.
Can't help you with this one.
How many merger equity shares did he get compared to you?
Just curious.
Speaking of 747's. How about a 975,000lb RTO?
Emergency testing a Boeing's brakes equals awesome — Autoblog
Emergency testing a Boeing's brakes equals awesome — Autoblog
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