We got a ta!
08-29-2016, 11:58 AM
#6
Gets Weekends Off
Thread Starter
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,602
Can anyone make sense of the retro? It can't possibly be only 3% of 2013 earnings, 4 % of 2014, & 4% of 2015. Please tell me that's not what they agreed to. That's nowhere near full snap-up retro.
08-29-2016, 12:02 PM
#7
Gets Weekends Off
Thread Starter
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,602
Btw, compounded pay raise is 29.46% by September 2020 based on 15% on DOS and four 3% raises after that in 2017-2020. That brings our 12 year cptns to $245.68 tfp or $282.30/hr. and 12 year FOs to $171.97 tfp or $197.60/hr by September 2020.
08-29-2016, 12:13 PM
#8
New Hire
Joined APC: Mar 2011
Posts: 1
Here are the highlights:
Amendable date August 31, 2020, with a six-month early opener
100% retro based on 3/4/4% (2013,14,15). Retro paid for retirees, deceased, and Pilots no longer with SWA. The Company will call it a "Ratification Bonus"
Profit Sharing and 401(k) match on retro
Snap-up pay raise of 15% beginning October 1, 2016 and 3% annual raises September 1, 2017-2020. Note: this includes one post-amendable 3% pay raise on September 1,2020
B-Plan: 12% in 2016, 14% in 2017, 15% in 2018. Note: all contractual caps removed and no Profit-Sharing offset
Various methods of distributing Profit Sharing (cash vs. deferred). Legal, tax implications, and limitations are very complex and still being worked through
401(a)17 for Profit Sharing and 401(k)
Tightened Section 1 language and metrics
Removal of Reciprocal Trans Border Interline and Route Authority/Slot Restricted Airports
Strengthened Reopener, Distribution, Furlough Protection Language (Sect 1). Any furloughs will trigger a wind down of all partnerships and none will then be allowed until all furloughed Pilots are recalled
No expansion of Cargo Codeshare
MAX issue resolved, any aircraft that has more than 175 seats or requires a different type rating will trigger a reopener to negotiate and that aircraft won't fly until agreement is reached
AQP grievance resolved - not day for day, but with 6.5 TFP if you lose a day off
Retained TA1 Red Eye operational language / international overrides
Added an hour on Red Eye window for pay override
Move up language remains the same
No paid parking
No PBS
Limited near international Pilot subsets to an entire base, not divisions
ETOPS Bid Groups (EBGs) per SL12 with training locks cut in half and new hires protected
Subject to legal review and compliance, a commitment to develop a Retiree Health Account (VEBA) using Pilot contributions
Codified Check Airman pay and scheduling rules
Preserved Lance Captain program, Unrestricted, 12 months up or out
Reserve pay-per-day with the RCO concept from TA1. Note: unused reserves will be paid 6.0 TFP. Reserve flying will continue to be rigged (ADG).
Simplified right of return
Sick leave accrual only occurs at straight time for premium trips
No seat on SWA BOD
Amendable date August 31, 2020, with a six-month early opener
100% retro based on 3/4/4% (2013,14,15). Retro paid for retirees, deceased, and Pilots no longer with SWA. The Company will call it a "Ratification Bonus"
Profit Sharing and 401(k) match on retro
Snap-up pay raise of 15% beginning October 1, 2016 and 3% annual raises September 1, 2017-2020. Note: this includes one post-amendable 3% pay raise on September 1,2020
B-Plan: 12% in 2016, 14% in 2017, 15% in 2018. Note: all contractual caps removed and no Profit-Sharing offset
Various methods of distributing Profit Sharing (cash vs. deferred). Legal, tax implications, and limitations are very complex and still being worked through
401(a)17 for Profit Sharing and 401(k)
Tightened Section 1 language and metrics
Removal of Reciprocal Trans Border Interline and Route Authority/Slot Restricted Airports
Strengthened Reopener, Distribution, Furlough Protection Language (Sect 1). Any furloughs will trigger a wind down of all partnerships and none will then be allowed until all furloughed Pilots are recalled
No expansion of Cargo Codeshare
MAX issue resolved, any aircraft that has more than 175 seats or requires a different type rating will trigger a reopener to negotiate and that aircraft won't fly until agreement is reached
AQP grievance resolved - not day for day, but with 6.5 TFP if you lose a day off
Retained TA1 Red Eye operational language / international overrides
Added an hour on Red Eye window for pay override
Move up language remains the same
No paid parking
No PBS
Limited near international Pilot subsets to an entire base, not divisions
ETOPS Bid Groups (EBGs) per SL12 with training locks cut in half and new hires protected
Subject to legal review and compliance, a commitment to develop a Retiree Health Account (VEBA) using Pilot contributions
Codified Check Airman pay and scheduling rules
Preserved Lance Captain program, Unrestricted, 12 months up or out
Reserve pay-per-day with the RCO concept from TA1. Note: unused reserves will be paid 6.0 TFP. Reserve flying will continue to be rigged (ADG).
Simplified right of return
Sick leave accrual only occurs at straight time for premium trips
No seat on SWA BOD
