Kalitta Air now accepting FO applications

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07-26-2018 | 08:14 AM

#4551

Geezer

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Quote:

Originally Posted by Stimpy the Kat

This is Sad.

Most of the above posts indicate that many of you have NO idea what the difference is between a Defined Benefit Plan as opposed to a Defined Contribution plan. Nor, the history thereof or, the difference between an A plan or a B Plan, or the relationship of all of these to each other as regards traditional Airline Retirement Benefits.

Really?

Oh well...No sense in further discussion then.

I couldn't agree with you more.

07-26-2018 | 11:21 AM

#4552

No Land 3

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Hmm, explain or tell us where we can get educated on that.

07-26-2018 | 12:00 PM

#4553

Stimpy the Kat

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The Internet would be a good place to start. (?)

But seriously, if someone has been in this Industry for more than a few years and these are mysteries..Well, that's just frightening.

!!

STK

07-26-2018 | 01:15 PM

#4554

Geezer

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Quote:

Originally Posted by No Land 3

Hmm, explain or tell us where we can get educated on that.

07-26-2018 | 01:22 PM

#4555

Geezer

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Quote:

Originally Posted by No Land 3

Hmm, explain or tell us where we can get educated on that.

https://www.forbes.com/sites/cbrenna.../#9a3b32b4a952

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07-26-2018 | 01:26 PM

#4556

Geezer

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Quote:

Originally Posted by No Land 3

Hmm, explain or tell us where we can get educated on that.

https://www.fool.com/how-to-invest/2...investors.aspx

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07-26-2018 | 01:32 PM

#4557

Geezer

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Quote:

Originally Posted by No Land 3

Hmm, explain or tell us where we can get educated on that.

https://aaacreditguide.com/top-personal-finance-blogs/

07-26-2018 | 01:37 PM

#4558

Geezer

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Quote:

Originally Posted by No Land 3

Hmm, explain or tell us where we can get educated on that.

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07-26-2018 | 02:05 PM

#4559

No Land 3

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My dad was self employed growing up, I come from a family that saved for their own retirement using Roth Ira's, etc. So retirement was never a mystery having a job that will pay between 200 to 300k a year for the majority of my working life. I fully understand the majority of you are trying all you can do with the time you have left given the poor pay from before, and your yelling out loud about the importance of said programs because it would of been a blessing for you to have. I get that. I also do not want to rely on something later in life without a plan b, c ,d etc. Next go around we need to get a better retirement, but I am not counting on it, nor should anyone else.

07-26-2018 | 02:36 PM

#4560

jhugz

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Joined: Oct 2008

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We should be pushing for a company contribution of 18% no match required for our 401k. I believe United is 18% and Delta is 15%. We get close to that and I’d be thrilled. Retirement is my number one complaint here and why I don’t view Kalitta as my last stop unless things change in that department. Which is a bummer because I really do like it here.

As much as I’d love an A or B Fund I just don’t see it happening and it’s kind of a fossil anyway. A sham bankruptcy can get the company out of an A Fund.

A huge retirement bump, a cost of living raise, and some contract language/guarantee fixes would be my ideal next contract.