Summer Is Coming!
05-21-2022, 05:12 PM
#41
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,026
Originally Posted by CBreezy
I would have a job but maybe not at Delta. I'd be just fine somewhere else. Delta, American or United. If doesn't matter to me as long as the check clears.
05-21-2022, 05:31 PM
#42
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,061
Originally Posted by boog123
Your glib attitude about the loss of millions of dollars when you weren’t even in the industry yet is pathetic. How about ole Uncle Sam decides to change the benefits for all the folks that put in their time because of a new Congress comes in and votes it away. Umm well that would never happen. Guess you’ll have to survive on those pics of you by that gray jet. Things change….
it is also curious how you have the “things change” mantra going yet you were all about “Save the UNA’s”!!!. More than likely it was about keeping your Captain seat, much like Bucking Bar, vs the most junior among us.
Real life isn’t about writing some generic finance book and then having family members like it on Amazon. Wish I was as smart as you on all this airline after 5-6 years.
it is also curious how you have the “things change” mantra going yet you were all about “Save the UNA’s”!!!. More than likely it was about keeping your Captain seat, much like Bucking Bar, vs the most junior among us.
Real life isn’t about writing some generic finance book and then having family members like it on Amazon. Wish I was as smart as you on all this airline after 5-6 years.
Also, they Congress probably COULD do it but it would be political suicide. They have changed retirement in the past years.
Also, shrug..don't care what you think of me.
05-21-2022, 05:47 PM
#43
Gets Weekends Off
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by CBreezy
I've been at the airlines much longer than that.
Also, they Congress probably COULD do it but it would be political suicide. They have changed retirement in the past years.
Also, shrug..don't care what you think of me.
Also, they Congress probably COULD do it but it would be political suicide. They have changed retirement in the past years.
Also, shrug..don't care what you think of me.
05-21-2022, 05:52 PM
#44
Gets Weekends Off
Joined APC: Sep 2014
Posts: 824
Originally Posted by JamesBond
political suicide to change the 'retirement' age? seriously?
05-24-2022, 07:53 PM
#47
Gets Weekends Off
Joined APC: Feb 2007
Position: Big ones
Posts: 708
Originally Posted by CBreezy
Political suicide to strip the military of their retirement.
Did you even read the post I quoted?
Did you even read the post I quoted?
they did that a few years ago. Pulled the ladder up and changed the whole system. Called it a ‘blended’ retirement which devalued it by probably 20% and forced the next generation to work longer and for less total compensation. Hardly any politicians got voted out over this change.
05-25-2022, 06:02 AM
#48
Gets Weekends Off
Joined APC: Feb 2009
Position: Fetal
Posts: 1,148
The concept of the defined benefit pension was conceived without any regard for the exponential growth of the population combined with ever-increasing life expectancy. It’s not a sustainable model for most organizations, especially those that allow you to draw the pension after as little as 20 years of service. The disappearance of the DB should surprise no one. That said, it’s not right to take it from those to whom it was offered (promised?).
I’m in favor of a DB restoration for those who choose it, and I’m willing to give up potential personal gain for it. You can’t have it both ways, though. If you were able to regain a DB pension, you should be required to return all DC monies (excluding growth) to the company.
I’m in favor of a DB restoration for those who choose it, and I’m willing to give up potential personal gain for it. You can’t have it both ways, though. If you were able to regain a DB pension, you should be required to return all DC monies (excluding growth) to the company.
05-25-2022, 06:37 AM
#49
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,061
Originally Posted by tripled
they did that a few years ago. Pulled the ladder up and changed the whole system. Called it a ‘blended’ retirement which devalued it by probably 20% and forced the next generation to work longer and for less total compensation. Hardly any politicians got voted out over this change.
05-25-2022, 07:01 AM
#50
Gets Weekends Off
Joined APC: Nov 2020
Position: Enoch Powell Enthusiast
Posts: 2,121
It's almost cliché to mention it, but if anyone thinks that government pensions, even (especially?) military pensions are somehow untouchable if things get bad enough they need to read up on "The Bonus Army" of 1932.
And who did the dirty work.
(Not expecting this. Just a point of history.)
And who did the dirty work.
(Not expecting this. Just a point of history.)
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