Thread: Profit Sharing
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Old 01-04-2013 | 07:20 PM
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APC225
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Default Fourth "tranche" for LUAL pilots soon

Pull out your 2011 W2s. 4.983%* of it should be coming your way. Congrats!

United MEC Update 1/4/13

In January of 2012, the UAL MEC Grievance Committee filed a grievance against the Company for the violation of the United Collective Bargaining Agreement Section 3-L Profit Sharing. Concurrently, they filed a dispute against the Company for its violation of Section 4-A of the Transition and Process Agreement. Many queries have been received about the status of these issues and the Committee reports that both are still in process.

The CBA 3-L grievance was heard in May and July and we are currently awaiting closing arguments. The TPA Section 4-A dispute is progressing as well. The first step in that process was to obtain “joint ALPA position”. The UAL MEC held steadfast to its position and carefully guided the dispute through the TPA Section 12 dispute process.

After almost one year, we have received a “joint ALPA position” decision from the Neutral Arbitrator Josh Javits. Mr. Javits ruled that the position of the Association is that “the Company violated Section 4-A of the TPA by reaching a settlement agreement with the CAL MEC that was a change in the existing CAL Collective Bargaining Agreement.” The next step is a one day conference per 12-B of the TPA with the Company followed by arbitration. The conference is scheduled for next week.

After obtaining joint position, the CAL MEC offered to continue the remainder of the case on behalf of the United pilots. Although we appreciate their continued interest and assistance in reversing the harm done by the Company to the United pilots, the UAL MEC will continue the case with the assistance of ALPA National and our outside counsel. The two day hearing under Section 12-C is scheduled for later this month.

We anticipate concluding both cases within the next few months.

*
Originally Posted by SoCalGuy
Position Report (02/10/12)

Quote: Captain Jay Pierce

On another positive note, I received a letter from management this week detailing the computations for the profit sharing distribution our pilots will receive next week. We, of course, will have ALPA E&FA verify the accuracy of the information provided, but at first glance, it appears valid. The CAL pilots’ share of the Company-wide $245 million profit-sharing pool is $31 million; each CAL pilot will receive roughly 4.983% of their eligible 2011 earnings. As you know, our participation in the plan for 2011 was not a certainty until recently. That does not mean, in any way, that you did not earn this compensation. You most certainly did and I know you will put the money to good use. Whether you use it to make up for some of the shortfalls of our current contract or save for a rainy day, you earned every dime.

Last edited by APC225; 01-04-2013 at 07:45 PM.
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