Originally Posted by
kronan
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And the ONLY people who make Pensions Retroactive are the Govt & FedEx Alpa.
Sorry to burst the bubble for all those within 10's years of retirement, but a big increase in the High 5 Calc just won't be a lookback calculation. My expectation is it would be phased in over the 5 years following CBA 202X Ratification.
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Kronan,
Stop with the expectations and beliefs and ask questions!!!!! This is why we get burned in contract language!
Have you asked PM? Or is no retro just your "expectation"?
I specifically asked during a face to face meeting with PM if Alpa intends to apply the VBP retroactively? It was a very unambiguous question.
Flying Boxes: "Is Alpa planning to negotiate the VBP to be applied retroactively to those with over 25 years of service?"
PM: "Yes."
The most important thing about this is not whether it is retro or not! The question is why has Alpa failed to inform us exactly what the plan is! How can they do a pilot survey to determine if pilots approve this when they have not fully disclosed what they are trying to do?
This is a TRUST issue!