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401K Dues
Congratulation ALPA pilots! The BOD approved a dues reduction for DAL pilots while increasing dues for regional pilots if you contribute to your 401K. Several MEC's stood united against this but most of the weak d1ck MEC's caved.
Make sure you check and see how your MEC voted. |
Originally Posted by Redundant Guy
(Post 1279140)
Congratulation ALPA pilots! The BOD approved a dues reduction for DAL pilots while increasing dues for regional pilots if you contribute to your 401K. Several MEC's stood united against this but most of the weak d1ck MEC's caved.
Make sure you check and see how your MEC voted. |
Mainline pilots have been paying those same 401k dues for many years.
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Originally Posted by 80ktsClamp
(Post 1279142)
Mainline pilots have been paying those same 401k dues for many years.
Mainline pilots only paid dues on 401k contributions IF they had a pension plan in addition to the 401k. Sorry, but this yet another reason to dump ALPA...... |
Originally Posted by Redundant Guy
(Post 1279140)
Congratulation ALPA pilots! The BOD approved a dues reduction for DAL pilots while increasing dues for regional pilots if you contribute to your 401K. Several MEC's stood united against this but most of the weak d1ck MEC's caved.
Make sure you check and see how your MEC voted. |
I like the email they just sent out saying that we all got a reduction in dues....It's bad enough that they do it, now they have to be misleading about it too.....
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Meanwhile, the ALPA President's total compensation last year was $540,408.00....
Delta Pilots Association - DPA News - ALPA President Receives Huge Pay Increase! |
Originally Posted by JoeMerchant
(Post 1279144)
Let's tell the whole story and not just part of it shall we...
Mainline pilots only paid dues on 401k contributions IF they had a pension plan in addition to the 401k. Sorry, but this yet another reason to dump ALPA...... Not just a pension plan, ANY plan. I don't have a pension and I pay dues on my 401k. |
Originally Posted by JoeMerchant
(Post 1279189)
Meanwhile, the ALPA President's total compensation last year was $540,408.00....
Delta Pilots Association - DPA News - ALPA President Receives Huge Pay*Increase! Most anything from the DPA lately is laced with poor information, half truths and downright lies. Caplinger has fallen off his rocker in a bad bad way. Desperation is a stinky cologne. |
Originally Posted by 80ktsClamp
(Post 1279198)
Let's tell the whole story and not just part of it, shall we...
Not just a pension plan, ANY plan. I don't have a pension and I pay dues on my 401k. The fact is, your dues are going down, while the majority of ALPA members are going to pay more in dues. This was a huge mistake and will hopefully be the end of ALPA. |
Originally Posted by 80ktsClamp
(Post 1279199)
Most anything from the DPA lately is laced with poor information, half truths and downright lies. Caplinger has fallen off his rocker in a bad bad way.
Desperation is a stinky cologne. |
Originally Posted by JoeMerchant
(Post 1279201)
You have a retirement in addition to a 401k. For most ALPA members we only have a 401k.
The fact is, your dues are going down, while the majority of ALPA members are going to pay more in dues. This was a huge mistake and will hopefully be the end of ALPA. Good luck replacing ALPA with something that doesn't end up being basically the same. I've barked up that tree, and for now ALPA is the only viable solution. I'm all for hearing it if someone has a good plan, though. |
Originally Posted by Redundant Guy
(Post 1279140)
Congratulation ALPA pilots! The BOD approved a dues reduction for DAL pilots while increasing dues for regional pilots if you contribute to your 401K. Several MEC's stood united against this but most of the weak d1ck MEC's caved.
Make sure you check and see how your MEC voted. |
Originally Posted by 80ktsClamp
(Post 1279205)
I have a defined contribution, which is money contributed by the company to my 401k on top of my 401k... that's about it. But it counts enough to where I've always paid dues on my 401k money I've contributed.
Good luck replacing ALPA with something that doesn't end up being basically the same. I've barked up that tree, and for now ALPA is the only viable solution. I'm all for hearing it if someone has a good plan, though. We will see how the BK turns out but for a BK, I bet they smell like roses at AA in the end. |
Originally Posted by JoeMerchant
(Post 1279201)
You have a retirement in addition to a 401k. For most ALPA members we only have a 401k.
The fact is, your dues are going down, while the majority of ALPA members are going to pay more in dues. This was a huge mistake and will hopefully be the end of ALPA. |
Originally Posted by Nevets
(Post 1279247)
This is exactly what we have at XJT and we have NEVER had our 401k contributions added to our dies calculation.
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Originally Posted by JoeMerchant
(Post 1279251)
Well I don't know why yours is different than 80kts and the Delta pilots. That's a good question why you didn't have them "taxed" while the Delta and United pilots did....
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Originally Posted by 80ktsClamp
(Post 1279257)
Agreed.... that is not good. The regionals already cost ALPA more money than they take in. (a big reason why SureJet Pilots Association would never work)
As far as a Skywest Inc Pilots Association, I think it will do just fine and we will all find out soon enough.....:D |
Originally Posted by JoeMerchant
(Post 1279265)
That's not what I meant. I wondered why your 401k dues were "taxed" with just a defined contribution plan, while the XJT pilots were not and they have a defined contribution plan.
As far as a Skywest Inc Pilots Association, I think it will do just fine and we will all find out soon enough.....:D I highly suggest surejet. That name was fine tuned by a well oiled corporate machine for consumer confidence. :D It is quite intriguing about the XJT pilots having the same retirement plan as DL types and not having to pay dues on it. This calls for some emails to be sent... |
80kts, the reason is simple: their DC plan is really just a 401k with no requirement for the pilot to contribute to get the company contribution. In other words, their DC is just a part of their 401k. It's all a single plan. We had the same thing at AirTran (before SWA raped us of our DC plan, but I digress).
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Originally Posted by JoeMerchant
(Post 1279203)
I don't really care what you think of the DPA, but this piece of information is correct...It is public record that this is what the President of ALPA makes....
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I wonder why instead of passing an amendment that says all 401k contributions are will not be charged dues. Instead they pass that they will be charged and lower the dues by .05% If the government says that they will make 401k's tax exempt why cant ALPA?
For the person who asked what is going on. ALPA is making all 401k contributions to be consider income and charge the normal dues starting on jan 1 2014. Current by laws say if your company has only a 401k retirement plan you are exempt from paying dues on that portion of your pay. If your company has more than a 401k available you will be charged the ALPA dues. |
Originally Posted by tom14cat14
(Post 1279341)
I wonder why instead of passing an amendment that says all 401k contributions are will not be charged dues.
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Originally Posted by PCL_128
(Post 1279343)
Because a $7 million hit to dues revenue would require ALPA to drastically reduce services that are important to the membership.
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Originally Posted by tom14cat14
(Post 1279341)
I wonder why instead of passing an amendment that says all 401k contributions are will not be charged dues.
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Originally Posted by tom14cat14
(Post 1279356)
Do you know the number for taxing all 401k vs. not and how much they will loose from the dues drop? If you do know is there a place to look this up? Thanks for the input
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Originally Posted by Nevets
(Post 1279366)
How much more or less will ALPA dues generate now with this change?
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Am I correctly understanding that under the old rule, a pilot who had to contribute to his 401K in order to receive a company match had those contributions figured in as income for his dues calculation, while a different pilot who made the same contributions, but had no company match did not pay dues on his contributions?
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Originally Posted by PCL_128
(Post 1279343)
Because a $7 million hit to dues revenue would require ALPA to drastically reduce services that are important to the membership.
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Originally Posted by FixTheMess
(Post 1279399)
Am I correctly understanding that under the old rule, a pilot who had to contribute to his 401K in order to receive a company match had those contributions figured in as income for his dues calculation, while a different pilot who made the same contributions, but had no company match did not pay dues on his contributions?
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Originally Posted by Red Forman
(Post 1279400)
Or reduce the insane salaries of ALPA employees. :rolleyes:
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Originally Posted by 80ktsClamp
(Post 1279257)
Agreed.... that is not good. The regionals already cost ALPA more money than they take in. (a big reason why SureJet Pilots Association would never work)
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ALPA screws up and hundreds of ALPA jobs are lost (aka Comair). Have to make up that lost revenue somewhere.
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Originally Posted by meesq
(Post 1279467)
ALPA screws up and hundreds of ALPA jobs are lost (aka Comair). Have to make up that lost revenue somewhere.
Most, if not all carriers would do just as well with an internal union and why pilots keep defending these worthless clowns is beyond me. If you choose to hitch your cart to this glue factory refugee of a horse, you deserve to get soaked. I can't wait to see the reaction if the TWA pilots clean ALPA out and they come to the suck.....er, I mean pilots for big $$$. More crying and screaming for sure....... |
I didn't receive the email, would someone mind pm'ing it to me? If I opened my own IRA would ALPA still take dues out of it? Been looking at this retirement account recently and I don't think the company 401k is workin for me.
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Originally Posted by PCLCREW
(Post 1279455)
Now that your on the Airbus should you change your screen name from 80ktsClamp to Man Flex 55 SRS RNWY auto thrust blue?
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Originally Posted by meesq
(Post 1279467)
ALPA screws up and hundreds of ALPA jobs are lost (aka Comair). Have to make up that lost revenue somewhere.
Originally Posted by roro
(Post 1279603)
If I opened my own IRA would ALPA still take dues out of it?
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Originally Posted by PCL_128
(Post 1279444)
You'd make a good airline manager.
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here is a thought, just fund your 401k to the company match, and do the rest of your investments on your own. You can even use the same funds as your 401k, just not through the company.
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Originally Posted by Red Forman
(Post 1279866)
No, I'm a person with a little sense that can easily see how too many people at ALPA are making too much money for the product they offer. You are free to keep playing cheerleader though.
(stolen from another forum) |
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