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Old 12-12-2022 | 12:21 PM
  #2941  
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Originally Posted by SpeedBrakes
reached out to a Rep. No response. Didn't expect a response since my rep has 1 foot out the door already with a CJO at Delta.........
Guess Ill wait for clif notes from this half baked road shop (seeing how it skips a few of our bases where pilots live/work).
Supposedly they are doing more road shows after the holidays and the schedules haven’t been released yet.
Atleast that is what they told me when I reached out to the MEC.
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Old 12-12-2022 | 12:34 PM
  #2942  
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Originally Posted by SpeedBrakes
reached out to a Rep. No response. Didn't expect a response since my rep has 1 foot out the door already with a CJO at Delta.........
Guess Ill wait for clif notes from this half baked road shop (seeing how it skips a few of our bases where pilots live/work).
Funny how he voted for a TA that is sub par to the Delta TA in every single way, but yet is quitting to go to Delta.
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Old 12-12-2022 | 12:37 PM
  #2943  
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Originally Posted by JulesWinfield
Keep in mind the vesting period for Spirit's 401k is 6 years. If you leave before then, you lose that retirement money they contributed.
The vesting is prorated based on how many years of service. You only loose a portion based on how many years you have been here. It's not li like you will loose it all if you have 5 years in and then leave.
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Old 12-12-2022 | 12:37 PM
  #2944  
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Originally Posted by PossibleDeviation
Supposedly they are doing more road shows after the holidays and the schedules haven’t been released yet.
Atleast that is what they told me when I reached out to the MEC.
Thanks for the update. Guess its too much to ask the MEC to send this info out to all pilots so we know.
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Old 12-12-2022 | 06:26 PM
  #2945  
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Originally Posted by Irishblackbird
The vesting is prorated based on how many years of service. You only loose a portion based on how many years you have been here. It's not li like you will loose it all if you have 5 years in and then leave.
This is one thing that has me on the fence about leaving. I'm at just over 3 years and would lose close to $20,000 in 401k money if I bailed.
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Old 12-12-2022 | 06:54 PM
  #2946  
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Originally Posted by BusBoi
This is one thing that has me on the fence about leaving. I'm at just over 3 years and would lose close to $20,000 in 401k money if I bailed.
None of which you ought to see until you are so old you are taking required minimum distributions in your 70s in any event. Probably a year of profit sharing some places.
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Old 12-12-2022 | 08:47 PM
  #2947  
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From: A320/CA
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Originally Posted by Irishblackbird
The vesting is prorated based on how many years of service. You only loose a portion based on how many years you have been here. It's not li like you will loose it all if you have 5 years in and then leave.

I dun loosed my seniority
I den loosed my pay
Next I dun loosed my house
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Old 12-13-2022 | 12:44 AM
  #2948  
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From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
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Originally Posted by busboi
this is one thing that has me on the fence about leaving. I'm at just over 3 years and would lose close to $20,000 in 401k money if i bailed.
🤣 You’re not very good at math, are you?
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Old 12-13-2022 | 03:11 AM
  #2949  
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Originally Posted by WHACKMASTER
🤣 You’re not very good at math, are you?
how is he bad at math ? If spirit put in $40,000 since he’s been here , and quits after year 3 he forfeits 60% of that. That’s $24,000. Obviously not knowing his Actual inputs /variables .. that seems like a plausible number to me
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Old 12-13-2022 | 03:32 AM
  #2950  
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Originally Posted by FlyGuy2002
how is he bad at math ? If spirit put in $40,000 since he’s been here , and quits after year 3 he forfeits 60% of that. That’s $24,000. Obviously not knowing his Actual inputs /variables .. that seems like a plausible number to me

he’s bad at math because 20k is small potatoes for a big raise and long career if he did choose to leave
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