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Old 09-23-2016 | 02:26 PM
  #31  
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machz990
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Joined: Jul 2006
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From: 777 CAP
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Originally Posted by Albief15
Respectfully disagree.

FDX pilots wanted improvements to A plan. Company said "we cannot afford it." MEC voted to not allow discussion that didn't simply increase current plan.

There may, or may not be a way to add more money to pilot pockets. Perhaps some over age xx get more A plan, while others get more B plan, and win/win solutions exist. Or...maybe not.

Point is nobody will ever even know if discussions don't occur. We can cross our arms, stay quiet, and keep what we have for the next 6 years. Or--we can investigate options.

We have a new MEC chairman and new NC. I don't think anyone is interested in giving anything away, especially in this climate (stock popped over 6% yesterday). What I do think is that before any intelligent discussion can take place, the union wants a handle on the financial literacy of some of the membership.

Overall--I think our pilots are probably pretty sharp with their financial planning. However, everyone knows a few guys that are notable exceptions. Any discussion about where we are or potential improvements needs to be built around making folks understand what we already have. I'm fairly tuned in, but I still don't understand all the intricacies of survivor benefits, post retirement medical care, etc. A solid education campaign will likely benefit a lot of our pilots.
I agree with most of what you are saying but this could ultimately end up in a vote via an LOA or some other provision. We know how those have turned out in the past, i.e. FDA LOA. Not all can be pleased and some will see their retirement changed against their will.


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