Retirement

[larry]

Which regionals have a retirement plan, not the kind where I can out MY money into a 401K, but the company funded kind?

I think Comair has one, does ASA?

 

[LearLove]

Allegheny + Piedmont have a defined bene which is 1%XyearsX(avg. of 3 highest years salary) paid per year from retirement until death. for example the last guy who retired from ALG in sept. had 31 years and most likely had 75000 (this does not include per diem) highest average at 90 hrs/month and 70 bucks an hour.
Using this formula we get (.01*75600*31) =23436 per year or about 2000 month. Plus there is a social security bridge from 60 to 65 and a standard 401k that matches 50% of your first 4 to 8% depending on years of service.

 

[larry]

Thanks, I thought comair had something (I recall an old post about that) and I'm still curious about ASA