Looking to the Future

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03-20-2018 | 08:03 AM

#71

slimothy

Gets Weekends Off

Joined: Oct 2014

Posts: 435

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From: FO

Quote:

Originally Posted by Macjet

It's not flight time if you have to beat the air into submission. That's dominaviating!

The air had it coming. It knows what it did.

03-20-2018 | 09:56 AM

#72

Macjet

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Joined: Feb 2007

Posts: 1,452

Likes: 24

From: Airplanes

Quote:

Originally Posted by slimothy

The air had it coming. It knows what it did.

As long as you had a safe word and no hamsters were harmed.

03-21-2018 | 07:20 AM

#73

Lotsof Blue

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Joined: Mar 2018

Posts: 30

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Retirement Q? Does SW do a DC and profit sharing into the 401k, or is it only profit sharing now? Thx!

03-21-2018 | 07:47 AM

#74

RJSAviator76

Gets Weekend Reserve

Joined: Jul 2007

Posts: 4,277

Likes: 274

From: B737CA

Looking to the Future

Quote:

Originally Posted by Lotsof Blue

Retirement Q? Does SW do a DC and profit sharing into the 401k, or is it only profit sharing now? Thx!

2 separate qualified retirement accounts:

Your 401k account into which you contribute the percentage of your income for your personal contribution, and the company contributes 14.2% (2018 figure - goes up to 15% in January 2019) into the same account.

Profit sharing account in which the company dumps your profit sharing amount is separate from your 401k account described above, but still a qualified retirement account. What ties these accounts together from the Company’s perspective is the total amount that the company can put into any of your qualified retirement accounts. Once you reach the IRS limits, the excess is paid to you in cash, or you can choose to invest that excess in nonqualified plans.

You can borrow from your 401k account; you cannot borrow from your ProfitSharing account.

03-22-2018 | 02:13 AM

#75

iHateAMR

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Joined: Jan 2018

Posts: 180

Likes: 0

From: FO

Quote:

Originally Posted by WHACKMASTER

Nobody’s insinuating that a civilian with 1,700 TT should get hired over a fighter jock with 1,700 TT. What I find ludicrous is that there are thousands of 10,000+ TT RJ captains with oodles of turbojet 121 PIC time that don’t have skeletons in their closet and yet can’t get an interview while someone with zero 121, crew, high density airport, CRM, etc. experience gets hired with 1,700 TT. That to me is ridiculous. Nothing you can say will change my mind.

I think (I’m guessing, I don’t know a thing about HR) HR looks at trajectory... 4 year degree, masters, tons of additional duties, AND flies. Vs the 10,000 hour slightly overweight regional pilot guy who shows up to work everyday and that’s it.

Also, earlier somebody said mil guys 1,700 hours or something, but that also doesn’t include the literally 1,000s of hours in the sim. My buddy has been flying the C17 for 8 years now in the reserves, but he does 21 sims a year and only flies the actual jet once a month. I bet you fighter guys have more sim time than him.

03-22-2018 | 06:14 AM

#76

Warhawg01

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Joined: Dec 2016

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“I bet you fighter guys have more sim time than him.”

Not true. Fighter guys have to fly a minimum of 8-9 times a month. Sim requirements in my airframe were only 3 a month and we usually didn’t get all three.