Originally Posted by DLax85

I believe the “bridge contract” of 2011 just focused on pay rates was the least contentious contract since 2006, however, retirement should be fixed now within the current framework

My proposed solution has always been,
Keep current A & B plans with these improvements:

A Plan - High 5 FAE raise and indexed to annual IRS417 limits - currently $330K for 2023

A Plan - YOS maximum
increased to 35 YOS, with years 25-35 paying at 1% per year. Thus, 35 YOS would pay out at 60% (60/50 = 20% max improvement for guys who chose to work that long). 30 YOS would pay out at 55% (55/50 = 10% improvement)

B Plan - increase contribution from 9% to 12% with Cash Over Cap. (12/9 = 33% percent improvement for everyone, and an even greater improvement for those earning over current IRS cap)

Such improvements would benefit all on property now - and those to come. They would reward those senior guys who’ve worked more than 25 years, and those who chose to do so in the future. They would be better than our current TA.

In Transparency, Integrity & Unity (for Everyone),
DLax

ps - No scheduling/QOL concessions 😘