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2014 Profit Sharing?

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Old 01-22-2015 | 06:37 AM
  #61  
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Originally Posted by pilotgolfer

I just heard back from my classmate who went thru this when he returned. He got pro-rated for the year because he has more than one year of cumulative active service.
Excellent. Thanks for the info.
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Old 01-22-2015 | 02:23 PM
  #62  
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I was a returning voluntary furlough in 2013 and none of us got profit sharing as far as I know.
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Old 01-22-2015 | 04:31 PM
  #63  
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Originally Posted by Probe
I was a returning voluntary furlough in 2013 and none of us got profit sharing as far as I know.
I returned in 2013 and did get profit sharing. New
Hires didn't get profit sharing, only returning furloughed pilots. One of the returning furloughed pilots in my class had to fight for it but did get it in the end. The rest of us just got it without a fight. If you didn't get it, you were screwed.
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Old 01-22-2015 | 05:17 PM
  #64  
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It is a feeling I have gotten used to.
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Old 01-23-2015 | 04:50 AM
  #65  
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Alright, here is my wag... Profit sharing pool is up 20% from last year. Based on that and the percentage of last year's profit sharing to W2, I'm guessing 4%. But I suck at math
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Old 01-23-2015 | 09:34 AM
  #66  
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Originally Posted by gettinbumped
Alright, here is my wag... Profit sharing pool is up 20% from last year. Based on that and the percentage of last year's profit sharing to W2, I'm guessing 4%. But I suck at math
4% of your 2014 w2... Is that take home or after taxes? Wag's allowed
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Old 01-23-2015 | 09:40 AM
  #67  
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Originally Posted by socalflyboy
4% of your 2014 w2... Is that take home or after taxes? Wag's allowed
That would make my profit sharing $3k. Oh where to spend it all.....
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Old 01-23-2015 | 10:21 AM
  #68  
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Originally Posted by socalflyboy
4% of your 2014 w2... Is that take home or after taxes? Wag's allowed
That's before taxes...
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Old 01-23-2015 | 10:37 AM
  #69  
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Originally Posted by gettinbumped
That's before taxes...
You can elect to put it all in your PRAP pre-tax so it doesn't get taxed.
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Old 01-23-2015 | 10:40 AM
  #70  
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Not too impressive
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