Originally Posted by
Noworkallplay
Good thing we are not using pilot negotiators. Im told we spent a substantial amount on retirement professionals and actuarial firms doing this 3 year project. Its the same thing we did when we got the original A plan. Keep in mind ALPA national also has numerous staff (attorney’s and accountants,etc) that pilot groups use. If you went to any of the seminars you would have gotten this information.
Yeah, we spent over $1 million combined on one professional and one actuarial firm. The problem is, both entities specialized in this Variable BS plan. I'm sure we got totally unbiased information.
And the accountants that you talk about are the same ones that let the NC tell us that the last pay raise exceeded 3% though the numbers clearly showed it was 2.9%. As they say, figures can lie and liars figure.
If this is so great for us and the company, then explain why the company said no thanks when this was first presented to them as and offer less than half way through the current contract. I mean, this was suppose to save them a lot of money, wasn't it? I guess when they keep disappointing share holders, they decided not to negotiate a deal that would save them money and instead decided they would rather spend extra money keeping the current plan.