401k
 

Heard preliminarily today that taking dues out PRE 401K deduction was voted down. Bit of good news if it istrue.

:)

its true, its not going to happen. didn't get the required percentage, but more people voted for it than against it.

Thank goodness......

That money is for our retirement.... We have already been hosed out of any other form of retirement and when Obama jacks our taxes to 78%, we will need every penny we can get our hands on.......

it's been said before and I'll say it again....until Prater and the top echelon take a pay cut, they can look elsewhere for more dues money.

"Taking it back" doesn't mean from the very people you protect.

I heard it needed 2/3 majority and they got 55%.

Must be the 55% that don't use their 401k :rolleyes:

All reps at XJ voted for it.

Does it really matter. Thats great that they voted it down but guess what, ALPA needs money, so dues are now most likely going to go up. I agree that on the fact that there needs to be some paycuts. Our highest representative should make no more than the highest paid member. I have heard different things for the compensation packages for these guys and I have nothing that I would ever consider turning down. The industry takes cuts and so should ALPA.

I certainly agree with the latter part of your paragraph, but to the highlighted part I say....I NEED MONEY TO!!

Until they take their cuts, stay out of my pocket.

Wasn't it based upon if the carrier already had some form of pension other than 401K? Like UAL has a C Plan, and a 401K. Wasn't their 401K was already taxed??

I can see why some carriers voted for the measure when it would not directly impact their own paycheck.
I might be wrong too but that was my understanding.