Lie flat seats.
We lost the grievance because there was no documentation that a conversation regarding Deviation bank class of service ever occurred. Contrary to our NC's statements that he recalled that coming up, and status quo would continue for those who chose to deviate to a higher class of service. Boggles my mind that following that debacle he still pursued Union Service
Flying boxes.
No retro is my expectation.
Exactly How someone over 25 YOS would gain retroactive benefits for a VB plan that wasn't in existance escapes me. EG...how can you earn Pension benefits on a new plan for work you did in 2015-16-17-18, etc just because you have over 25 YOS.
I think, PM either misheard you, or you misunderstood him.
A transition to the VB is just that a transition. And just because someone has 25 YOS already doesn't mean that they would accrue no additional benefits.
As to Why I think a modifcation to the A plan would not be retroactive.
Here's some hypotheticals. Using TonyC's suggested minimum for A plan improvements...and then using 3% going forward. (Personally, since it's looking like this coming years COLA calculations will be about 2.8%, I'm thinking CBA202X is going to need to be more in the 4% range)
2020 WB is 335
So, god willing and a desire for FedEx to get a contract as quickly as some of the Pax carriers have recently (unlikely IMO)
2021 WB 345
2022 WB 355
2023 WB 366
2024 WB 377
2025WB 388
Unless I'm mistaken, our big bucks brethren are already above that.
So, a Retroactive Pension for those folks would be (more or less)
173k
178k
183k
189k
194k
or increases of 33%, 37, 41, 45, 50.
Or Another rough way of looking at it is our pension fund goes from 100% funded for Pilot obligations to 67%, 63, 59, 55, 50
Quite Confident that FedEx can Afford to pony up the extra bucks. Willing to, different conversation.
Just as I can "afford" to buy my soon to be 16 yr old daughter a new jeep to drive to\from HS...but I am disinclined to acquiesce
:-)