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Old 07-10-2017, 04:07 AM
  #21  
StarClipper
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Joined APC: Mar 2012
Position: Two Wheeler FrontSeat
Posts: 1,162
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Originally Posted by kronan View Post
Yes,
greater returns as discussed in the link posted.

Few months ago CD held an AOC meeting, pretty fired up about some of the ideas being researched to potentially improve our A plan (need mgt agreement).

Ideas that wouldn't reduce or change the funding component, but reduce the administrative costs and pass those savings onto US.

For a newhire (or a retiree) the value of our A plan is going to decrease. Assuming a relative constant inflation our A plan's current value of 130k per year is cut in half in 28-30 years (sooner if Inflation spikes)

For comparison, over the same time NB Captain salary of 260'sh K will grow to 520'sh k...so what is currently a 50'sh % A plan for NB Captains (and FO's) will be a 25'sh % A plan (would be a higher percentage for FO's, just as you'd currently have to be a pretty hard working FO to wind up with an A plan that's less than 50%. But we do have FO's who make 260+ currently)

Yeah you trust ALPA and the company that much huh? Believe what you want. Did they break down the risk involved and how the company benefits from such a brilliant idea.
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