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Old 04-18-2018, 08:38 PM
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Default Retirement Video

https://www.alpa.org/dal/~/media/DAL...vings-Plan.mp4
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Old 04-18-2018, 08:40 PM
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Some of the best work I have seen in my career. We have a very talented and dedicated team working nonstop to provide the Delta pilots to give direction on a “pilot driven” C2019.
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Old 04-19-2018, 12:13 AM
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Where was ALPA in 2006?
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Old 04-19-2018, 04:32 AM
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Originally Posted by badflaps View Post
Where was ALPA in 2006?

Proactively Bending Over.
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Old 04-19-2018, 05:52 AM
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Good educational video. Thanks to the producers.
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Old 04-19-2018, 07:14 PM
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Good video, but ALPA is going to have to do one HECK of a job to sell me on restoring a defined benefit. The logic of bringing back a defined benefit, especially with our history, along with typical economic accepted business practices with respect to retirement options seems futile. It makes me wonder about all of the negotiating effort ALPA is going to have to spend trying to get a DB. What contract capital/sacrifice are we going to have to give to get said DB? There are dozens of things in terms of quality of life type stuff we could use. I'm all ears, and I'll keep an open mind, but this seems like a tough sell.
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Old 04-19-2018, 07:29 PM
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If we couldn't get tax free VEBA, because too many pilots were concerned about what happens to their money in the rare instance if they die, their spouse dies, and their sub-26 year old kids die before they exhaust their small account, why would ANY one think a much larger DB plan has a shot, when it carries so much higher a risk of not exahusting your contributions before an untimely death??? A DB is DOA.
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Old 04-19-2018, 08:54 PM
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There is zero chance a DB plan gets put before this pilot group. It would be a waste of time and resources, as no one wants others controlling their financial future.

Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!


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Old 04-19-2018, 09:07 PM
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Originally Posted by NavyFlyer View Post
There is zero chance a DB plan gets put before this pilot group. It would be a waste of time and resources, as no one wants others controlling their financial future.

Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!


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Amen, that ship has sailed. Let it be.
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Old 04-20-2018, 04:41 AM
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Originally Posted by NavyFlyer View Post
There is zero chance a DB plan gets put before this pilot group. It would be a waste of time and resources, as no one wants others controlling their financial future.

Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!


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The only thing that will probably ever change this sentiment will be if/when a true socialist/democrat party were to take over and the “asset tax” starts to rear its head again (most forgot that during Clinton’s first term it was seriously proposed to help pay for people’s retirement who hadn’t had the opportunity to save) then everyone will be questioning why we allowed the 401Ks to get so large.
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