That is a neat website you have created. Thanks.
As far as the retirement I will try to clarify it quoting our contract if anyone is interested.
"Effective January 1,2001, the company will match 50% of the pilots's contribution to his 401k account of up to 5% of his eligible earnings."
Right now we can contribute up to 15% of our earnings to this plan or a max of I believe 15,000 a year. Per HR, the 15% will increase later this year so more junior people will have a chance to achieve the cap. It basically 2.5% like posted.
The retirement plan is as follows
0-4 years 2% of eligible earnings
5-9 " 4% "" ""
10-14 " 6% "" ""
15-19 " 8% "" ""
20+ " 10% "" ""
It is my understanding that these are now company wide benefits.
Take a close look at the contract and you will see it is fair. NOthing more nothing less, I already think we practically fly the 70-seater for free. It is rediculous for somone to think their group cannot acheive this. This job is not worth doing for less than this. Next contract, looking for a 5.75hr foreward looking min day rig, to increase productivity. Mesaba got one, but I belive it is four hours. That and keep the yearly cost of living increases going, and there might not be much of a fight next time. Senior guys want retirement tweaked, so maybe some resistance there.
This contract should be the minimum anyone would accept.
