X-Ray Updates
#31
The 401(k) section will be a concession for most pilots. Under current language the company contributes 8% (3% default plus 5% as long as you contribute 9% on your own). New language would have the company contributing a max of 6% (for only the most senior pilots). I currently max out my employee contributions every year so the new language puts less money into my 401(k) because my part can’t get any higher and the company will be contributing less.
#32
Line Holder
Joined: Mar 2020
Posts: 421
Likes: 15
You are absolutely correct. I was 100% wrong. This is not a concession at all. However, it’s also not a benefit until PBS is voted in. So, as far as I can tell without seeing the actual full language, there are no concessions in this TA. I’m still not happy about all of the things that are contingent on PBS but I guess having contingent items is better than going to mediation and potentially arbitration. That being said, I still voted NO. Maybe if at least 50% +1 vote no it might give the union negotiators the chance to walk in and say “Hey, just give us the contingent stuff without PBS and we’ll send it back out for another vote.” I doubt this TA will fail but I just can’t get myself to vote yes on something where half of the benefits may or may not ever be realized.
#33
anywho, union is going to keep doing the roadshow next week, stop by and get your lunch
#34
On Reserve
Joined: Aug 2019
Posts: 15
Likes: 0
Can anyone post captain pay with the new TA? How will check airman be paid, hopefully that’s improved in the TA
#40
Line Holder
Joined: Mar 2020
Posts: 421
Likes: 15
Well I guess 17% didn’t feel like voting on a new contract was important and only 7% of those who did vote felt like we deserved something better and 93% of those that voted decided seeing some bullet points and maybe 10% of the actual full language was good enough to trust that neither the company nor the union would intentionally or unintentionally screw us over in the remaining 90% of the language.
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