Flying Boxes,

you are, quite frankly, delusional.

And forgetful.
Our Union spent most of 2016 researching and validating what Mgt's position on the A plan was during negotiations. I could wish that the research had been done in 2012 as we prepared to enter negotiations in 2013, but it wasn't. Instead it was a constant drumbeat of the Company can afford it, and we need to return our 777 Intl Capts income replacement ratio to something closer to the intended 50%.

Our Union has said increasing the Traditional A plan is expensive, and it is unlikely that mgt would agree to improvements because of the associated expenses.

And I'm sorry, but there is no friggin way that anyone with 25+ YOS is earning retro VB benefits. Not happening. IF the VB comes to pass, calculations aren't going to go. hmm, Tony C hit 25 years in 2015, so let's credit him with
265,000 *2% for 2016 and 270,000 *2% for 2017, and 275,000 *2% for 2018 or an Instantaneous Annual Pension benefit of 16.2k in addition to his existing 130k.

Instead, what will happen, is Tony C would accumulate an additional VB benefit for every year beyond it's transition date. IOW=Tony C would have his 130k and the additional ballpark 5.6k he would earn in 2019.

Apologies to TonyC for assuming he's in the 25 year ball park.

Adding YOS to our existing A plan improves the benefits 5.2k a year. But I thought there was an Already insane amount of disapproval over the Total Elimination of a YOS Cap in the VB proposal