FDX- Council 7 Message 10/6/14
Q: What do PBS and an "A" Plan Freeze have in Common?
A: Management Wants Both!
As you must certainly recall, management recently tried to explain that PBS (italicized) was good for you. (italicized) Just trust us, they said, you're gonna love it! Rumors of signing bonuses tied to PBS abounded, and you rightly laughed them off because you understood that whatever amount you might get up front, that and more would be extracted from your hides later.
In short, you fully understood that management didn't propose PBS because it was good for you. Rather, you were aware that they desperately wanted it because it was good for them.
Now, in a way similar to their having floated those PBS trial balloons into our work environment some time back, they apparently have done the same with regard to their latest retirement proposal. More specifically, the word is out that the seek to freeze your "A" plan. (italicized)Don't worry, they say, we will sweeten the "B" plan. (italicized) This is gonna be good for you!
Naturally enough, the two of us have begun to receive questions on the topic. You, our constituents, should know where we stand with regard to freezing your "A" plan. The subject is a bit esoteric and we will delve into the intricacies later, but for now we will cut to the chase...
No.
We won't accept any type of freeze to our "A" plan. Not for senior pilots. Not for junior pilots. Not for pilots in between, and not even for pilots yet to be hired. Period. We know that like PBS, whatever bait management might dangle now will come out of your hides later.
DR
Block 1 Representative
LEC 7 Chairman
SD
Block 8 Representative
LEC 7 Secretary Treasurer
my addition to the message;
The Block 4 Representative
LEC 7 Vice Chairman's name is absent from this message.