The company hasn't been contributing to 2 plans for either side, and it hasn't been mentioned that there are plans to do so going forward. I would be in favor of another option besides the IAMNFP, but doubt that's going to be an option for the LUS side. While the LAA people should, and most likely will be able to opt out in favor of the 401k, the LUS people won't have a choice. Thus my comments about getting any future bump in a non existent 401 in exchange for the increased medical costs. I'm sure that you've been reading the same thing as myself about an increase to the IAMNFP, which may very well be cut in a few years leaving the LUS people with a net gain of Zero for any increase in medical costs down the road. You along with several others can't seem to grasp that your side isn't going to be out anything given that you already have the sub par medical plan and costs in place, and may even get a bump in your 401k to keep taking it with a smile.
So, because it hasn't been mentioned, you're good with not trying for it, got it. The Flight attendants got a 9.9% Contribution for all those 55 and over, the pilots got 12%, I believe. We should get something similar imo.
in other words get something for everyone at a cost to the LUS side , got it
sorry if we lose that insurance I expect something and something damn good exclusive to the LUS group
LUS just got the largest increases in their history since the merger,
LAA currently has 5 holidays, @1.5 pay less VC less sick days so to say we are out nothing is wrong. As every day passes we are out plenty.
As I stated above and elsewhere in this thread repeatedly, your insurance is not that much better than the LAA. In fact if you are single or a single parent it's
very close to the same.
I'm looking at insurance cost of
$48.62 per pay period. I have never used anything more than a doctor visit every year so don't bring your deductible crap my way.
Obviously, at some point, everyone needs more medical attention...
The Core plan allows you to put up to $7900 per year into a
HSA which is better than a 401K.
It's better because it has
Triple Tax Advantage.
It goes in tax free.
It gains interest tax free,
When you take it out to pay medical expenses, it is
NOT taxed.
Whatever isn't used is rolled over to the next year, when you quit or retire, it's yours.
The money can be used to pay everything medical, dental, eye.
After 65, the money can be used for
anything.
Anybody that doesn't take advantage of that is just dumb.
Bottom line, the insurance you guys are jumping up and down and throwing yourselves on the floor for is just
not as fabulous as you say it is when compared to LAA insurance.
Certainly not worth holding the contract up for.