Retirement Video
#1
Thread Starter
Gets Weekends Off
Joined: Oct 2009
Posts: 3,108
Likes: 0
#6
Gets Weekends Off
Joined: Mar 2013
Posts: 629
Likes: 0
From: 320A
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.
#7
Gets Weekends Off
Joined: Jun 2015
Posts: 2,013
Likes: 188
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.
#8
Gets Weekends Off
Joined: Mar 2014
Posts: 224
Likes: 0
From: Cirrus CA
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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Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!
Sent from my iPhone using Tapatalk
#9
Doing Nothing
Joined: Aug 2010
Posts: 1,316
Likes: 0
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!
Sent from my iPhone using Tapatalk
Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!
Sent from my iPhone using Tapatalk
#10
Banned
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
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!
Sent from my iPhone using Tapatalk
Remember: no one cares more about you than you. Make your own fate—take care of your own retirement!
Sent from my iPhone using Tapatalk
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