Alaska & Jetblue
#192
Banned
Joined: Dec 2005
Posts: 9,347
Likes: 329
'09? '13? '17?
Be honest, '13 was all about hitting the 200 number at the expense of pretty much everything else. And who voted the pension plan away? Wasn't that a self-inflicted voting in?
#193
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Joined: Feb 2009
Posts: 1,445
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Just look at the bullet points. 80%-95% industry lagging (but just a little so its OK). But I am sure the "details" will make up for lowering the bar on pay.
#194
On Reserve
Joined: Feb 2013
Posts: 129
Likes: 0
Why? When the majority drive to work, this goes to the bottom of the priority list.
That was 2005.
'09? '13? '17?
Be honest, '13 was all about hitting the 200 number at the expense of pretty much everything else. And who voted the pension plan away? Wasn't that a self-inflicted voting in?
That was 2005.
'09? '13? '17?
Be honest, '13 was all about hitting the 200 number at the expense of pretty much everything else. And who voted the pension plan away? Wasn't that a self-inflicted voting in?
#195
Banned
Joined: Dec 2005
Posts: 9,347
Likes: 329
You missed the main point. AS voted the pension plan away for the NEW GUYS. If you look at Alaska’s contract from a senior pilots point of view it is rock solid. 41 days of vacation. Who cares about scope anyway. Industry leading retirement. Step trading actually works. It’s a whole nother contract.
#196
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Joined: Nov 2013
Posts: 4,378
Likes: 0
From: 7th green
Everyone on the property at the time was given a choice...A plan, freeze plus increase in 401k contributions or straight 401k with even larger contributions.
Those were the choices. Straight 401k for new hires after a determined date. Yet you seem to think the people on the property made a NEGOTIATED for a clause to screw potential employees.
Back in the days of the B-scale, I'd agree with you. On this topic you're WAY off base.
#197
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,841
Likes: 653
From: Engines Turn or People Swim
Why the hell would you even WANT a DB plan? Any CEO can shed that at his leisure with a quick trip through the BK drive-thru. Unless you think the PBGC is going to pay out more than a 401K...
#198
The rules have changed as American found out when they tried to shed the pension to the PBGC.
http://time.com/5167301/airlines-pilots-pensions/
http://time.com/5167301/airlines-pilots-pensions/
#199
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Joined: Nov 2013
Posts: 4,378
Likes: 0
From: 7th green
I don't care who sends the check every month as long as its the same every month.
Now the guys who got raped were the DAL/UAL heavy guys who had an A plan that paid $8/$9K a month and got rolled into the PBGC at $4K a month.
If I'm a young guy given a choice, I'd forgo the A plan and opt for a 13-15% 401k match every time.
#200
Banned
Joined: Nov 2013
Posts: 4,378
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From: 7th green
The rules have changed as American found out when they tried to shed the pension to the PBGC.
Profiting Airlines at Odds with Pilots Over Pensions | Time
Profiting Airlines at Odds with Pilots Over Pensions | Time
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