Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major
Home Based / Non Domicile >

Home Based / Non Domicile

Search

Notices
Major Legacy, National, and LCC

Home Based / Non Domicile

Thread Tools
 
Search this Thread
 
Old 11-06-2019 | 04:46 PM
  #31  
Layover Master
 
Joined: Jan 2013
Posts: 4,375
Likes: 9
From: Seated
Default

Originally Posted by Riverside
Was DC in the last contract at JetBlue and Spirit?
Originally Posted by Omniscient
I can speak to Spirit.

11% at DOS, increases 1% every year to 15%, so we are at 12% now and will be at 13% in March. Excess contributions over the IRS limit are paid back to the pilot.


I believe JetBlue is at 15% now and gets a bump in a few to 16%
Correct. JB 16% in 2021.
Reply
Old 11-06-2019 | 06:54 PM
  #32  
Gets Weekends Off
 
Joined: Apr 2016
Posts: 887
Likes: 0
Default

K4 retirement definitely does suck. I think alot of folks like me in un-commutable locations are holding the cards to see if a better retirement materializes before trying to move. That would make this gig close to ideal for many people.
Reply
Old 11-06-2019 | 07:50 PM
  #33  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 2,941
Likes: 0
Default

Originally Posted by Omniscient
I can speak to Spirit.

11% at DOS, increases 1% every year to 15%, so we are at 12% now and will be at 13% in March. Excess contributions over the IRS limit are paid back to the pilot.


I believe JetBlue is at 15% now and gets a bump in a few to 16%
Not what I was asking. How about I try again. Previous contract as in the one before.
Reply
Old 11-06-2019 | 07:54 PM
  #34  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 2,941
Likes: 0
Default

Originally Posted by goinaround
K4 retirement definitely does suck. I think alot of folks like me in un-commutable locations are holding the cards to see if a better retirement materializes before trying to move. That would make this gig close to ideal for many people.
Just like Spirit and JetBlue, this is something I believe will be addressed in the upcoming contract.
Reply
Old 11-06-2019 | 08:02 PM
  #35  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 2,941
Likes: 0
Default

Originally Posted by PotatoChip
Correct. JB 16% in 2021.
since you're new to JetBlue what was the 401k contribution in the previous contract.
Reply
Old 11-07-2019 | 03:23 AM
  #36  
Layover Master
 
Joined: Jan 2013
Posts: 4,375
Likes: 9
From: Seated
Default

Originally Posted by Riverside
since you're new to JetBlue what was the 401k contribution in the previous contract.
There wasn’t a previous contract.
Reply
Old 11-07-2019 | 04:04 AM
  #37  
Gets Weekends Off
 
Joined: Aug 2019
Posts: 1,200
Likes: 0
Default

Originally Posted by PotatoChip
There wasn’t a previous contract.
If you put in 5% they added 13%
Reply
Old 11-07-2019 | 04:31 AM
  #38  
Layover Master
 
Joined: Jan 2013
Posts: 4,375
Likes: 9
From: Seated
Default

Originally Posted by SaintNick
If you put in 5% they added 13%
Yeah... I was being sardonic.
Don’t know why he would ask me that.
It’s been discussed ad nauseum in the JB threads by the usual suspects.
Reply
Old 11-07-2019 | 06:13 AM
  #39  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 2,941
Likes: 0
Default

Originally Posted by PotatoChip
Yeah... I was being sardonic.
Don’t know why he would ask me that.
It’s been discussed ad nauseum in the JB threads by the usual suspects.
Is this a JetBlue thread? We're comparing contracts between home base and non domicile right? If K4 somehow gets their DC in their next contract be a game changer right?
Reply
Old 11-07-2019 | 06:29 AM
  #40  
Layover Master
 
Joined: Jan 2013
Posts: 4,375
Likes: 9
From: Seated
Default

Originally Posted by Riverside
Is this a JetBlue thread? We're comparing contracts between home base and non domicile right? If K4 somehow gets their DC in their next contract be a game changer right?
Forgive me for not entirely getting your point.

No, I don’t think it will be a game changer. I think it will be a really nice addition to their contract. I don’t think a large percentage of pilots honestly pay enough attention to retirement when making career decisions. I believe it has more to do with retention and CBA priorities than attracting new applicants.

I don’t believe that JB had a huge influx of apps solely because the DC, but sure is nice and was a large factor for me personally.

I’ve done the home based thing at two separate places. It has its benefits for sure, and for some people may be what works best for them, especially those living in Bumfart, US. However, there isn’t as much flexibility in scheduling with such jobs, and for me, living in/moving to a domicile far exceeds the benefits of home basing. If K4 had the same retirement and an equivalent pay scale to JB, I’d still take my 2-3 hour drive to domicile at JB over homebasing and 14+ day trips traversing all the time zones.

YMMV.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
TangoIndiaMike1
Career Questions
2
02-09-2017 10:53 AM
R57 relay
American
89
02-03-2017 06:45 AM
widebodyjunkie
Career Questions
18
12-13-2011 05:57 PM
fitflyer
Hiring News
1
07-10-2011 05:54 PM
forgot to bid
Cargo
6
09-30-2009 09:59 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices