Originally Posted by
Maddog64
The pension that was promised to me when I was hired is still there. When you came here where did it say that the pension would ever increase? If you haven't been planning on a 130k pension and setting aside your own money for retirement you have been a fool. By fighting to increase the pension we are just delaying any future TA, all the while we fall further behind our peers.
Originally Posted by
Maddog64
You must fly with the same 10 guys. Most everyone I fly with would trade a big b fund for no a plan in a heartbeat.
So, do you tell them that the B plan they were promised when they were hired is still here and that no one ever said it would be increased. Do you tell them that if they aren't setting aside their own money for retirement, they are fools. Do you tell them that attempting to get any retirement increase is just delaying any future TA.
The argument that this is the way it was, and no one promised anything would get better can be used for every section of the contract. It is not a productive argument. Are we willing to fight for the contract we deserve, or are we only willing to fight for pay rates?
Anyone who knows anything about money knows that simply increasing the B plan benefits those with time much more than those who are at the end of their careers. I fly with a lot of people who want a big B plan. Not 10 of 10, but at least 5-6 of 10. They have no idea how much money they need from that increased B plan only option to match the value of the A plan.