Originally Posted by
Bill80
The problem was that most of the value was in retirement. We accepted low pay rates and QOL concessions to justify the retirement increase.
Our negotiating focus was increasing the pension. This resulted in a subpar TA1 once the other airlines got their payday, with most of their value added in pay rates, not retirement.
Couldn't agree more. PM bet it ALL on a-plan. Minor edits for clarity:
PM/theNC/MEC accepted low pay rates and QOL concessions to justify the retirement increase.
..thankfully the group said NO!.
Originally Posted by
Bill80
If you're obssessed with the costs, when you compare contracts, make sure you subtract the efficiency gains at Delta and other pax airlines by them having PBS and losing their pension. It's easy to only add value in their contracts since they already gave up the two biggest inefficiencies at their company.
Fair point. On the other side, the company said that the savings from sunsetting of the a-plan in TA1 was 10-15 years out and thus couldn't add to this contract. I don't know what it's worth, but it AIN'T $0!