"We agree that new hire bonuses are discouraging to pilots on property, however due to the Railway Labor Act, there is very little we can do about New Hire Bonuses. This isn’t just our problem, it’s every regional airlines’ problem. Until a pilot finishes IOE, ALPA has no control over what the company can offer them. This LOA does not allow management to pay “whoever they want,” that is what management is currently doing with their bonus programs. This LOA states that if one pilot of a group is offered a retention bonus, ALL pilots of said group will be offer the SAME retention bonus."

This isn't clear to me. The new hire bonuses, specifically the 30k and 22.5k for ejet and crj respectively are indeed paid AFTER the completion of IOE. It says right on the company website and elsewhere.

Also, what you're saying is the LOA assuming the TA passes should effectively end all of the new hire bonuses. Certainly they're not going to pay every pilot on property the same bonuses they've been paying to the recent new hires, so they'll just do away with the bonuses altogether. Is that right?