Originally Posted by
FDXLAG
So nobody here would take a proposal to raise the cap for all pilots on the list to $300k in exchange for new hires with a DOH of 1 July 2017 getting the UPS retirement (A and B Plan). If not why not? After all it is a win for those currently on the list, it is a win for new hires (must be, UPS kicked our ass on the last contract right?) and it would likely save the company money in 10 years or so
Haven't heard the company is offering anything close to that
Have heard rumors of "Only B fund" for new hires, and I think the company's benchmark won't be UPS, they will strive for Delta & Uniteds 15-16% B plan (with No A fund)
Even a solo B fund larger than that has many unforeseen pitfalls, and inherent assumptions that may not prove true in the long run
You mention the company would be "saving money" in 10 years --- seems like they are thinking strategically
I would encourage all new hires to think the same way
But of course, they aren't on property yet