Originally Posted by
ShutUpNFly
"Pay Rate Comparison" presentations are only a small portion of an entire contract. Compare the ENTIRE new and improved Delta TA to the new UPS contract in relation to the Defined Benefit Plan (A Fund) paying $126K per year in retirement, 12% B Fund, no PBS scheduling BS, the new OCV vacation rules where a 2 week vacation now results in a guaranteed month off, optional annual 72 hour sick bank cash out, etc etc.
I'd like to see the profitable people movers make a strong push for reinstatement of a well-deserved A Plan vs. eyeing a profit sharing check. Spoke with a Schwab rep the other day to get the facts.... to guarantee our A Plan number of $126K per year for life after retiring at age 65 I'd have to write them a $2.53M check on the day I retired. That's a lot of profit sharing checks. Food for thought.
You need to post correct info on their new B plan. Most pilots will never see anything like the numbers you are posting unless they are a 30 year old new hire and even then it's far from guaranteed. It's only good to the next contract or chapter 11. There is no lookback for years of service. It only accrues going forward.