Originally Posted by
Gone Flying
we already have LTD that goes to FAA mandatory retirement age, regardless of what that age is. Why would we have to give something up for an item we already successfully negotiated.
Those making that argument believe the company will be less willing/able to put money in other parts of the contract, because they know those costs to the penny. So it will be an indirect impact.
In effect, it will rob other parts of future contract gains to 'fund' the increase in LTD payments.