View Poll Results: LOA 24-05 MBCBP
YES
32
17.11%
NO
155
82.89%
Voters: 187. You may not vote on this poll
Loa 24-05 mbcbp poll
12-03-2024 | 10:26 AM
#31
Line Holder
Joined: May 2015
Posts: 1,200
Likes: 33
From: 777 CA
Q: Can ALPA request a Private Letter Ruling (PLR) from the IRS on the application of the Contingent Benefit Rule?
A: ALPA cannot request a PLR because we are not the plan sponsor. If ALPA wants United to pursue a PLR, we would need agreement between United and ALPA on the request. United has committed to filing for a Private Letter Ruling (PLR) on whether the PRAP Employer Contribution amounts need to be reduced with the CBP whether the LOA passes or fails, subject to MEC approval.”
12-03-2024 | 11:23 AM
#32
Line Holder
Joined: Jul 2018
Posts: 532
Likes: 10
The artificial cap. They even addressed it in the Q&As. They admit the company has already committed to filing for a PLR. So why the rush to vote on something before we know the results?
Q: Can ALPA request a Private Letter Ruling (PLR) from the IRS on the application of the Contingent Benefit Rule?
A: ALPA cannot request a PLR because we are not the plan sponsor. If ALPA wants United to pursue a PLR, we would need agreement between United and ALPA on the request. United has committed to filing for a Private Letter Ruling (PLR) on whether the PRAP Employer Contribution amounts need to be reduced with the CBP whether the LOA passes or fails, subject to MEC approval.”
Q: Can ALPA request a Private Letter Ruling (PLR) from the IRS on the application of the Contingent Benefit Rule?
A: ALPA cannot request a PLR because we are not the plan sponsor. If ALPA wants United to pursue a PLR, we would need agreement between United and ALPA on the request. United has committed to filing for a Private Letter Ruling (PLR) on whether the PRAP Employer Contribution amounts need to be reduced with the CBP whether the LOA passes or fails, subject to MEC approval.”
12-03-2024 | 11:30 AM
#33
Line Holder
Joined: May 2015
Posts: 1,200
Likes: 33
From: 777 CA
I haven't ran into a pilot who's voting for this on the line but I know there will be some. Guessing 75-80% against so I'll try not to keep responding as both sides are just doing circles at this point. We'll all know next week. I'll accept the results however it turns out.
12-03-2024 | 08:17 PM
#37
Line holder
Joined: Nov 2013
Posts: 4,167
Likes: 226
From: Aircraft & Seat: old & hard
12-04-2024 | 03:58 PM
#39
Line Holder
Joined: Feb 2024
Posts: 444
Likes: 88
Im about the most anti 67 pilot you’ll find and I’m not senior, but I do like to save a lot of money and not pay taxes. This LOA is great for that, and I can’t see how it would hurt anyone unless you really really needed a lot of RHA money.
12-04-2024 | 04:01 PM
#40
Line Holder
Joined: Feb 2024
Posts: 444
Likes: 88
I found the Con rebuttal letter pretty enlightening. It answered a lot of questions I had (like if the company contributions were capped). What part of it do you disagree with?
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