SWA ProfitSharing: Employees Earn $586M
#1
Gets Weekends Off
Thread Starter
Joined APC: Dec 2015
Posts: 142
SWA ProfitSharing: Employees Earn $586M
#3
weekends off? Nope...
Joined APC: Apr 2014
Posts: 1,917
Means nothing for pilots...it will all go into our 401k unless you've topped out the 401k already, then the balance will come back as cash.
The above statement applies to employees not covered by a CBA. 10% into their retirement plans and the remaining 3.2% as cash.
The above statement applies to employees not covered by a CBA. 10% into their retirement plans and the remaining 3.2% as cash.
#4
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Means nothing for pilots...it will all go into our 401k unless you've topped out the 401k already, then the balance will come back as cash.
The above statement applies to employees not covered by a CBA. 10% into their retirement plans and the remaining 3.2% as cash.
The above statement applies to employees not covered by a CBA. 10% into their retirement plans and the remaining 3.2% as cash.
#6
Gets Weekends Off
Joined APC: Aug 2013
Position: 737 FO
Posts: 239
The way our PS plan is tied in to our overall retirement dictates that our PS funded in 2017 is part of our 2016 retirement dollars. So the majority of SWA pilots either have already filled their $53,000 retirement bucket for 2016 or will fill it with part of the upcoming PS amount causing all or some of that amount to be paid to us as cash.
#8
Gets Weekends Off
Joined APC: Oct 2005
Position: 737 Right
Posts: 951
(Mostly useless cocktail trivia, but hey, "The more you know.")
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