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Old 05-23-2009 | 05:57 PM
  #7  
Blockoutblockin
Gets Weekends Off
 
Joined: Feb 2009
Posts: 514
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From: 73 CA EWR
Default Frozen A-plan

"The average Continental pilot qualifies for up to $900,000 in a lump sum upon retirement"

This is absolutely false. Any pilot hired after 2004 doesn't even have an A-plan. Pilots hired from '97 have about $40K if that much. Pilots hired from '87 have around $550,000.

On a side note, I'm hearing the company is trying to distance themselves from the article stating they don't know who put it to the press. Ask them a question - "no comment."

I'm not condoning anyone stealing from anyone. However, the company buffoons thought they could play the press in order to manage public perception. Unfortunately this will come back to bite then in the backside.

It's not okay to lie either CAL management. You should stick with trying to figure out fuel hedges - your fuel hedging blunders dwarf any pensions 8 or 9 guys got. Or why don't you give back the bonuses you took after you cried that we were going to have to file for bankruptcy if the contract wasn't signed. As far as I'm concerned that is theft as well as dishonesty. So CAL management, before you get all high and mighty try looking into a mirror -- LOSERS!
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