For those in the know at NWA:
1. Do you get you guarnatee pay while in training?
2. Are you eligible for health insurance on DOH?
3. What are the ballpark figures for insurance premiums for family coverage?
4. Is the B Fund contributions taken out of your paycheck or is it on top of your pay?
Thanks in advance.
1. Yes. 75 hours (Reserve guarantee) Pro-rated for the date you start class.
2. Yup. Technically, it starts at 0001 CST on the day your class starts...8-hours before you walk in the door. Effectively, it starts when you walk in the door.
3. Not ballpark:
Exactly $295.02 per month (deducted pre-tax) for full family medical.
Exactly $23.76 (deducted pre-tax) for full family dental. Although the premiums are a lot higher than we'd like, the coverage works well.
4. Both...
kinda. 3% of your pay is automatically moved into your 401(k) each paycheck. We did that in 1989 to hide $$ from Uncle Sam. It can be rolled monthly, quarterly, annually, etc if you choose to take it out of the NWA 401(k) plan and self-direct. I've been doing that since 1989 and it works great. Another amount, above your W-2 pay, is put into a Defined Contribution Plan.
I don't have firm dope on the status of New Hires and the new targeted DC Plan...since that started
TODAY. You'll be invited to an evening of beer and pizza by ALPA on the second Wednesday you're here. The Benefits Specialist can brief you on all the "exactlies" then.