Old 11-14-2008, 07:11 AM
  #8  
757upspilot
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Joined APC: Jul 2008
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Originally Posted by Jetjok View Post
Yeah, you guys missed your chance. You should have struck to ensure congress and the president didn't pass and sign that bill. That would have worked. Let's face it, this pilot group couldn't, and never has agreed on any one thing, at any one time, ever.

Besides the French strike over anything, anywhere, and at any time. Don't like the color of that wall? Let's have a 2 day strike. Can't get your mail delivered 3 or 4 times a day? Let's strike for a week. Unhappy with the highway trucking laws? How about we get every large truck in the entire country to convoy into and around Paris, causing a massive transportation hardship for virtually the entire city.

Yeah, let's strike. Give me a break.
What it appears they are striking over is maintaining the contractual normal retirement age of 60, opposed to a change to 65. If they or we( those of us with a defined benefit A plan written prior to the ICAO/FAR change) allow the change to occur they/we will not be able to retire with full benefit at age 60. At UPS the penalty for early retirement is 8% per year ( 5years early is a 40% reduction in the annuity pay out) which if this change where to happen would just about garuantee that no one would leave prior to age 65. The dollars lost in compensation are huge if this where to be contractually implemented.
Contractual items are worth striking over.
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