Originally Posted by
Cogf16
I dont understand why most of this discussion revolves around justifying the necessity of "giving the old guys this windfall"? This "ask" by our union is about improving rhebretirement monies of EVERY demographic on our list. In my mind it's very simple. Older guys need more upfront money, younger guys dont, so they get increased DC money (hopefully the full 25%)
We are a union of 14000+ guys, of all ages, backgrounds and "stories" If you want to improve EVERYONES retirement, you have to have different "silos" of money. And yeah, that was intentional because our Union has previously given different levels of money to the pilot group.
My 16% DC isn't equal to your 16% DC. When I retire with 5 fewer years at the higher pay you got, do I then ask the younger pilots to give me a plus-up advance for my last contract? Because that ain't happening.