Notices
Cargo Part 121 cargo airlines

AGA 60 and Retirement

Old 09-12-2007, 04:33 PM
  #21  
Gets Weekends Off
 
HerkDriver's Avatar
 
Joined APC: May 2007
Position: A300 F/O
Posts: 217
Default

DLax -

Interesting idea, but your formula doesn't quite seem fair to the younger member of our crew force. Somebody who is hired fairly young (say 33) and puts in a full 25 yrs would ONLY get the same retirement as a person who, for one reason or another, is hired much later in life (say 50) and works significantly FEWER years for the company. I don't know why the person wans't hired until later, but this shouldn't be a reason to lessen their required service in order to get a full retirement package. I think the younger guys in our crewforce have had more than their fair share of top heavy decisions. Just my 2 bits.
HerkDriver is offline  
Old 09-12-2007, 04:35 PM
  #22  
Gets Weekends Off
 
HerkDriver's Avatar
 
Joined APC: May 2007
Position: A300 F/O
Posts: 217
Default

oops...wasn't.
HerkDriver is offline  
Old 09-12-2007, 04:46 PM
  #23  
Gets Weekends Off
 
Bohica's Avatar
 
Joined APC: Aug 2007
Posts: 281
Default

Still a long way to go.
Bohica is offline  
Old 09-12-2007, 04:50 PM
  #24  
Gets Weekends Off
 
HerkDriver's Avatar
 
Joined APC: May 2007
Position: A300 F/O
Posts: 217
Default

Originally Posted by Albief15 View Post
Its water under the bridge. Still waiting to hear from HercDriver....tomorrow one of us will announce our intention to run for Block 7 Rep.
Albie -

Got you PM. I really like what you had to say about how a Block Rep should operate; I think that we have VERY similiar opinions about how that job should be performed. As much as I want to throw my name in the ring for Block 7, I think that I would be overextended until I get my remaining 34 months done at the ANG (not that I'm counting). Especially after these past few months, I think the folks on the back half of the seniority list (and our block) deserve somebody who is not only committed to representing their desires, but can put forth the time that being an ATTENTIVE block rep requires. I'll yield to your nomination, but as I previously mentioned, will step up to the plate if a like-minded candidate doesn't emerge.

HerkDriver

Last edited by HerkDriver; 09-13-2007 at 05:25 AM.
HerkDriver is offline  
Old 09-13-2007, 05:07 AM
  #25  
Gets Weekends Off
 
Boom Boom's Avatar
 
Joined APC: May 2007
Position: FDX Airbus F/O
Posts: 152
Default

Albie,

You got my VOTE! Going to write your name on the ballot right now!!!

Any suggestions for like minded folks for blocks 2 & 5?

I am in block 7 BTW...
Boom Boom is offline  
Old 09-13-2007, 09:10 AM
  #26  
Gets Weekends Off
 
Albief15's Avatar
 
Joined APC: May 2006
Posts: 2,889
Default

Thank...I'll have an announcement, a note to the Jetflyer, and some other stuff out shortly...

Had to go on base to start retirement proceedings....
Albief15 is offline  
Old 09-13-2007, 01:14 PM
  #27  
Line Holder
 
Joined APC: Oct 2006
Posts: 37
Default

I'm probably going to get shot for this but here it goes. Why don't we start thinking about getting rid of the A plan. This should be very simple to do; give the guys who have a lot invested in the program the option of keeping it. For the others, figure out a fair formula and do a cash buy-out, which is then rolled over into an IRA/401K. Then replace the A-plan with a very large B-plan. I for one would rather have a cash value prgram instead of a future promise.

Fire away.
Nugget#69 is offline  
Old 09-13-2007, 01:34 PM
  #28  
Gets Off
 
md11phlyer's Avatar
 
Joined APC: Jan 2007
Position: Nordskog Industries Field Technician
Posts: 688
Default

Originally Posted by Nugget#69 View Post
I'm probably going to get shot for this but here it goes. Why don't we start thinking about getting rid of the A plan. This should be very simple to do; give the guys who have a lot invested in the program the option of keeping it. For the others, figure out a fair formula and do a cash buy-out, which is then rolled over into an IRA/401K. Then replace the A-plan with a very large B-plan. I for one would rather have a cash value prgram instead of a future promise.

Fire away.
What!! A fair minded idea that benefits the junior guys?! Blasphemy!!
md11phlyer is offline  
Old 09-13-2007, 01:36 PM
  #29  
Gets Weekends Off
 
Check 6's Avatar
 
Joined APC: Jan 2007
Position: 777
Posts: 866
Default

Wow,

Fair minded? I have to wait for the senior leadership to tell me it's fair minded....until then I'll reserve judgement.
Check 6 is offline  
Old 09-13-2007, 01:40 PM
  #30  
Gets Weekends Off
 
Gunter's Avatar
 
Joined APC: Aug 2006
Posts: 3,931
Default

Originally Posted by Nugget#69 View Post
I'm probably going to get shot for this but here it goes. Why don't we start thinking about getting rid of the A plan. This should be very simple to do; give the guys who have a lot invested in the program the option of keeping it. For the others, figure out a fair formula and do a cash buy-out, which is then rolled over into an IRA/401K. Then replace the A-plan with a very large B-plan. I for one would rather have a cash value prgram instead of a future promise.

Fire away.
Won't work. FedEx pilots die early and often. Those that survive to a decent age make a ton but are fewer than you think.

No way the company will trade the good deal they have on the A plan with all the early deaths for an expense buyout.

Sorry
Gunter is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices