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-   -   SWA pilots....help us with some info.... (https://www.airlinepilotforums.com/major/67610-swa-pilots-help-us-some-info.html)

LuvJockey 06-06-2012 12:34 PM
1/2 captain pay, 1/2 FO pay $221,000 total. Add $6500 per diem, worked 154 days. Add $16,500 matching 401k.

LuvJockey 06-06-2012 12:36 PM
Originally Posted by Pineapple Guy (Post 1196164)
Thanks for that. I think I understand. So basically, for a higher paid pilot to get the 9.3%, he'd have to contribute 10% pre-tax up to the 402(g) limit, then keep contributing 10% after-tax for the remainder of the year.
Pineapple, that's not correct. You don't have to contribute beyond the annual maximum 401k amount of $16,500 to continue getting company matching funds up to the $25,000 limit.


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