Originally Posted by
Purple Drank
As a couple guys posted, it is certainly incorrect.
The NA15 ship has sailed, thank goodness, but the P2P ship has not.
I think you highlight the reason P2P can never be successful: people make mistakes and misinterpret. It can be honest or nefarious. But bad info is bad info.
This is not a knock on Jim, who is working diligently and with great integrity.
Guys,
I am sorry for not being INSTANTANEOUS, as I really do try to vet everything that I post, and hopefully, you can understand, that it does take some time. I have had numerous conversations over the weekend to try and get the exact correct information
In any case, I believe I misspoke, or at least was misinterpreted. Under the REJECTED TA, (why are we still talking about this?) PS payout in 2016 would have been unaffected (in other words we are about to get the same dollars we would have). PS payouts in 2017 would have been calculated on a reduced formula for 2016 earnings.
In 2016 a pilot would have seen the same W-2 (plus 14% roughly) but in 2017 his PS payout would have been decreased by about ~6%; plus with a 3% pay raise; you get a net PAY CUT for the 2017 earnings year.
Again, in any case, that ship has sailed, and our NC is on to a different proposal. I feel very certain that "IF" anything is done with PS in this next TA, it will be VERY transparent as to the exact tradeoff with regards to PS, and there will me no muddying of the waters with pay rates or other items.
Again, I say "IF".
Sorry for any misunderstandings with my previous post.
Jim Villers
P2P Chairman