CAL A-plan

[Palomino]

so the A plan is currently frozen at CAL? are their thoughts that it will re-open to new pilots or continue with B plan only and larger contributions +401k?

 

[kaisersose]

I don't think it will ever be back. If it does it would have to be negotiated since there are no snap backs. I believe any augmentation in retirement would likely be increased contributions in the b plan. I wouldn't give up 1 cent and hour to get the A plan back given what has happened in the past couple of years. Having more than 20 yrs until I turn 60 I would love to cash out what I have in the A and put it in the B.

 

[densoo]

so the A plan is currently frozen at CAL? are their thoughts that it will re-open to new pilots or continue with B plan only and larger contributions +401k?

Yes. No. Yes. Yes.

 

[kaisersose]

Yes. No. Yes. Yes.

Better put.

 

[Palomino]

as i thought. looks like the B plan contributions aren't too shabby in the future. probably better for all.

thanks.

 

[seahorse]

For next contract...

20% for the B-Fund should be the minimum.

Better 401K match.

Roth 401K.