Thread: To the nc:
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Old 06-19-2023 | 06:48 PM
  #18  
TomAce
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Originally Posted by oncewasgood
I would argue the younger crowd actually benefits the most. The new increases in the FAE formula don’t overcome the new pension benefits in 25 years. Pair that with three pay rate increases in the next 18 months, 15 to 12 year scale compression and the old guys ain’t getting a bigger piece of the pie compared to the young bucks.

Many in the young crowd are being distracted by company scope propaganda and can’t simply mathematically ask if that scenario actually makes sense. Sometimes publicly traded companies make statements in public to appease shareholders. Show me anything factual that actually backs up any of the doom and gloom scenarios being posted. Don’t waste your time posting the article with the company stating they will not exercise “options”. Delta management used the same scheme to attempt to get less out of them.

We will be the biggest laughingstock in the industry if we turn this down and gut our retirement to chase unachievable Scope restrictions the company will never agree to. The NMB will be happy to let us spin our wheels for the next 18 months.
We are the laughingstock of the industry with this TA. And there are a lot of issues and unknowns with the MBCBP. The modeler assumes the IRS limit increases with inflation. That’s not always the case. Without cash over cap, the MBCBP is risky. Clearly you must be about to retire to push this garbage.
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