Originally Posted by
Itsajob
There will be retro, but they will use the PBGC formula to determine the amount.
The formula will be worse than that.
I'd say like a nickel on the dollar. There. There's your retro.
The financial screw job that the 767 300 pilots is huge. Those guys should have a 50.00 per flight hour retro check coming. I don't see that coming. I don't see any retro coming.
My take on the contract is that we're playing "nice-nice" at the table. Here we are a year past amendable date. We're in good times. And we can't tell management to pound sand over scope? Seriously. Scope isn't for sale. Move along, negotiations are over. Give us our pay raise and have a nice day.
If pilots are hanging their hats on retro pay they're crazy.....The union should put out a statement to clear up any lofty expectations.