Originally Posted by
EWRflyr
No, you are not correct. It is ALPA policy now to hold back money in reserve for any potential lawsuits. Since the money is paid by the company it is held by the company until such time as the suits run their courses..
I see.
However, these causes of action were pre-merger and pre-dated this policy. Interesting it was "retroactive".
It sure would have been wise for someone to hold CAL management accountable when Contract '02 was put in place. Prior to this CBA no issues were noted in any contributions to any pilots retirements. As for the other 4 or so parts of the lawsuit, none of those portions had any component to B fund, etc. However, some had to do with wrongful termination, inappropriate extension of probation, and harassment. I am sure it was OK for those aggrieved pilots to seek remedy then in those cases.....
If there had been no merger, those pilots affected would still be entitled to remedy. The "hold back." would not even be an issue, CAL would have to simply write them a check. CAL management knew this was an issue prior to and during the joint cba, so I wonder why CAL management didn't do it's own independent set-aside in preparation for this?
They knew they had an obligation, especially when they compared the UAL CBA and it's B fund implementation they could see the disparity. Interesting how the CAL MEC and CAL management decided to do their own thing. I wonder if there was some sort of collusion or some sort of ultra friendly environment they were "working together" in.