Roadkill,

MPPP= Money Purchase Plan for Pilots, some FNWA pilots get this as it was part of their frozen benefit. So, unless you are a FNWA guy that should be 0. Are you getting this info from your pay stub, paper statement from Fidelity or the 401K website?

 

Hey T,
I think it is pretty hard to be properly rested and prepared for an entire 24 period,,,,,,ie: awake 12 hours, go to bed, phone rings 5 minutes later, 2 hours to show for a LONG trip......awake over 24 hours is not uncommon.

At my last gig, our POI ruled 24 hour reserve illegal and dangerous, so , only 12 hour reserve.....even for int'l bubbas.
Regards,
BG

 

So true, BG. I am floored that the 24 hour short call is allowed and has been permitted to stay. It's totally unsafe.

 

It depends which pre-merger group you are in, and then if fNWA it depends on WHEN you were hired.

I'll do my best:

1. Delta Pilots Defined Contribution Plan (aka DC Plan): For me, this is 9% in 2012 (I'm fNWA hired after the pensions were frozen) This can go a few percent this year depending on some funding level of the MP3 plan, but I don't really understand how tha works. I have a note to myself to look at this again in July as I think that's the first date the funding levels are reviewed for a contribution increase.

2. Delta MPPP (aka MP3, or NWA MP3): as previously described, this was a money purchase plan for fNWA guys. I'm not up on the details as it doesn't apply. If you don't fall into that category, don't worry about it.

3. Delta Pilots Plan (aka DPSP or Delta Pilots Savings Plan): For me is 2% this year, again as a 2008 hire. I'm not looking at my account right now, but I from memory I think this is also the account that my "employee" contributions go into.

4. Delta Air Lines Inc 401k: no idea on this one. Maybe some corporate type retirement acct that is somehow showing on your page.


All of this is broken down in the PWA under retirement, although it is somewhat hard to decipher. The first thing you need to do is find the appropriate section (again by pre-merger company and then by hire-date) and then figure out what contribution rates apply to you.

If you have any more questions call the MEC office at 800-USA-ALPA and you'll get a more informed answer than I can give

 

The "Delta Pilots Defined Contribution Plan" is DC Plan , and the Delta Pilots plan is the other one with money in it, I believe that one is also called DPSP (Delta Pilot Savings Plan). I only have those two accounts that you say have $$. Company puts 14% of your earnings into the DC plan, I can't remember what the other one gets. As for the difference between the two I don't really understand fully, so I too would appreciate someone on here to put in in Lehman's terms

Edit: oops looks like someone beat me to it while I was typing. So that is why it looks so redundant!

 

Great Job LeineLodge!

Just to add a little bit more. Your retirement is broken into two sections on the 401k website: Delta Pilots DC Plan & Delta Pilots Plan. Each of the these can be funded by a few different sources.

Delta Pilots DC Plan can be funded by: Company Contributions or PMNW MPP Contributions.

Delta Pilot Plan can be funded by: 401K Pre-Tax (your elections), Company Contributions, PMNW Employer or PMNW Pilot Employer.

Clear as mud, I believe there are so many options for funding because of the merger of the plans for each group. Give ALPA a call for the details. Hope this helps.

 

thx much LeineLodge, Brocc and Amish. Will read pwa again now... must have skipped that part last time while looking for reserve rules etc. Was wondering where that "Savings Plan" I kept seeing mentioned was. Wish they'd use the same names that show up on the Fidelity pages, or call them "Plan A, B, C and D" or something.

All the paperwork I got from Delta says to call the Emp. Svc. Center, but I've tried them 3 times now and they can't even tell me when I'm eligible to retire! Swear to gosh, they literally could not tell me if I could retire at 52, 55, some # of active years with the company, 60, and what benefits I'd get or not get compared to going to 65. Nor where to read to find out. Nor could the HR Operations Support people in ATL. After hours and hours on the phone, they couldn't tell me what amount of make-up contributions I should look for from my prior long mil-leave, nor what account they'd go into, nor why certain amounts showed up and what was still left to pay. It's extremely painful to educate yourself on all this by working through the sources my company paperwork gives me...

I see from a 1-page "plan overview" of the DPSP I just found (and now know what that is) that the company makes a 2% contribution even if you elect not to contribute to the plan.

?????
--- I thought there was some "matching" plan where I needed to make a certain contribution myself and the company would match it up to some amount? But I haven't found such a beast yet... just want to at least be sure I'm not leaving $$ on the table by not contributing to one of these! Thx again (yes, I'm reading to get spun up, but you know how nice these L&G knowledge nuggets are while studying!)

 

I'm a little late to the party...another red eye last night. What's up with DNet? I thought our IT rocked. I need your password Elvis.

 

It's complicated, sure, but there is no matching at Delta. It's all money that Delta gives you - depends on whether you were pre-merger NWA or Delta and what era (prior to BK, etc).

As far as I know, you're not leaving any money on the table.

 

No Matching for Pilots 401K Plans and the 2% contribution is part of your pay. I would give ALPA a call, they know this stuff really well.