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Old 10-12-2015 | 06:18 AM
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dckozak
done, gone skiing
 
Joined: May 2005
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From: Rocking chair
Default The elephant in the room

The negotiating committee's weekend missive suggested that social media is doing a disservice by providing a biased, un factual smearing of the TA. Maybe so, but as noted here, some glaring omissions have been allowed in the union "talking points". I did not attend a road show, but have reviewed the power point that is available on the ALPA website. I was specifically looking for information related to section 28, retirement. Eleven slides, several being the, "Show me the Money" presentation that is also available elsewhere. No mention of the defined portion, no explanation or apologies, no justification of how the B plan bump makes up for it. And lastly no, "Show me how I make up for the define benefit freeze" slide.

If the negotiating committee wants to convince the crew force that the improvement in B fund % makes up for the declining value of the A plan, than put out some numbers. A full and open discussion of the define benefit, its limitations (federal law and accounting requirements) and a frank omission of any shortcoming (if, as is assumed by many here) of our retirement plan. Just come clean and not pretend it doesn't exist.

The Elephant is in the room, pretending it isn't there, won't make it go away.
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