Blogging Employee Benefits

January 18, 2006

United Flight Attendants Settle on DC Plan Terms

Filed under: 401(k) — Fuguerre @ 12:02 pm

Followup to an earlier post here regarding bargaining efforts of United Airlines flight attendants, who now have reached a tentative agreement with United on the terms of a replacement defined contribution plan, subject to ratification. Under the agreement, flight attendants would receive a direct 2% contribution, together with a 3% employer matching contribution, effective January 1, 2006. The direct contribution would increase to 2.5% on 1/1/2007, then to 3% effective January 1, 2008. [AFA Press Release; United Press Release]

1 Comment »

  1. United flight attendants have ratified agreement on a replacement defined contribution plan providing company direct and matching contributions starting at 5% and increasing to 6% over two years. [AFA Press Release]

    Comment by Fuguerre — February 25, 2006 @ 8:30 am

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