Originally Posted by
ZapBrannigan
You realize that the 15% NEC is 1% BELOW industry standard and we will only fall further behind in retirement as time goes on… don’t you? I ask only because it sounded like you were praising it and while it’s much better than the old match, it was intentionally provocative to peg us a measly 1% behind everyone else.
With DL going to 18%, I'd imagine the other two will match. We need to be there as well....It's one thing to go from a 9.3% match to a 15% contribution in addition to large pay raises. The heavy work is done, just need to add a couple % points. The big sticking point here will be work rules (scheduling language, disability, etc). Pay rates will have to match or exceed the OAL's if they have any hope of hiring the numbers they want.
The longer they draw this out, the better off we are in terms of the final product. Had they agreed to everything we wanted in 2020.....we'd be so far behind it wouldn't even be funny.