Minimum Balance Plan
#31
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
But then those “Senior pilots” all of the sudden started getting 12% then 16% DC that they never planned in getting when the DB was frozen. Tell the whole story.
#32
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Joined: Dec 2009
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Likes: 2
From: Capt
#33
Gets Weekends Off
Joined: Sep 2014
Posts: 5,128
Likes: 91
I’m very pleased that polling is an ongoing process. Answers I gave in 2021 would be different than those I’d give now. The landscape is continually shifting (Endeavor, Alaska, AA, UAL, boarding pay, inflation, profitability, global economics, scope proposals, etc). You’ve also got hundreds of new employees voting and hundreds have left.
#34
Thread Starter
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Stock $141,760
PBGC $6,800 Monthly, $9,900 if deferred to age 65 (?)
MPPP contract value $1,700 per month, but there was a distribution of $96,000
He stated his were about 20% lower than most around his seniority.
FWIW the FedEx defined benefit plan caps at $130/yr which is about $10,833 a month. Not far off what this pilots PBGC is at age 65.
He wasn't in a place to explain all of this to me. I am ***NOT*** an expert on this stuff. Open to corrections.
#35
1st year pay
PSC
virtual bases
reserve rules
None of these things are of any benefit to me. Do I care if we spend negotiating capital on them? Actually I do. If I expect a contract to pass that benefits me, it is also going to have to benefit brothers who work along side me but who don't live under the same circumstances I do.
Just bring me a package. Let me digest it. Let me hear some Pros and Cons from some adults [ not "it's mine", "no, its mine!"]. I don't plan to vote so somebody else gets a good deal, I plan to vote for a package that gets what a significant majority of us decide is a good deal overall for our individual circumstances. If somebody gets furlough protection, good for them.
1Bob = 1 vote.
#36
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
Furlough protection
1st year pay
PSC
virtual bases
reserve rules
None of these things are of any benefit to me. Do I care if we spend negotiating capital on them? Actually I do. If I expect a contract to pass that benefits me, it is also going to have to benefit brothers who work along side me but who don't live under the same circumstances I do.
Just bring me a package. Let me digest it. Let me hear some Pros and Cons from some adults [ not "it's mine", "no, its mine!"]. I don't plan to vote so somebody else gets a good deal, I plan to vote for a package that gets what a significant majority of us decide is a good deal overall for our individual circumstances. If somebody gets furlough protection, good for them.
1Bob = 1 vote.
1st year pay
PSC
virtual bases
reserve rules
None of these things are of any benefit to me. Do I care if we spend negotiating capital on them? Actually I do. If I expect a contract to pass that benefits me, it is also going to have to benefit brothers who work along side me but who don't live under the same circumstances I do.
Just bring me a package. Let me digest it. Let me hear some Pros and Cons from some adults [ not "it's mine", "no, its mine!"]. I don't plan to vote so somebody else gets a good deal, I plan to vote for a package that gets what a significant majority of us decide is a good deal overall for our individual circumstances. If somebody gets furlough protection, good for them.
1Bob = 1 vote.
#37
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
Someone sent me their numbers:
Stock $141,760
PBGC $6,800 Monthly, $9,900 if deferred to age 65 (?)
MPPP contract value $1,700 per month, but there was a distribution of $96,000
He stated his were about 20% lower than most around his seniority.
FWIW the FedEx defined benefit plan caps at $130/yr which is about $10,833 a month. Not far off what this pilots PBGC is at age 65.
He wasn't in a place to explain all of this to me. I am ***NOT*** an expert on this stuff. Open to corrections.
Stock $141,760
PBGC $6,800 Monthly, $9,900 if deferred to age 65 (?)
MPPP contract value $1,700 per month, but there was a distribution of $96,000
He stated his were about 20% lower than most around his seniority.
FWIW the FedEx defined benefit plan caps at $130/yr which is about $10,833 a month. Not far off what this pilots PBGC is at age 65.
He wasn't in a place to explain all of this to me. I am ***NOT*** an expert on this stuff. Open to corrections.
one minute your *****ing all over SM about OOBWS’s, yet nothing to Trip, who makes them his contract tool.
you seem to totally have an agenda. Perhaps that’s the side hustle. Firm coin coming in?
#38
Thread Starter
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Why are you suddenly all butt hurt about retirement and what’s fair. Yes, you were hired kinda late and your seniority won’t be what you would probably like. By your own methods, you should be fine with all your skills, side hustle.
one minute your *****ing all over SM about OOBWS’s, yet nothing to Trip, who makes them his contract tool.
you seem to totally have an agenda. Perhaps that’s the side hustle. Firm coin coming in?
one minute your *****ing all over SM about OOBWS’s, yet nothing to Trip, who makes them his contract tool.
you seem to totally have an agenda. Perhaps that’s the side hustle. Firm coin coming in?
$300,000 “plus up” may be the current ask..but in the 2019 opener it was $1,000,000 AND they wanted to fund it by drastically reducing the DC % for newhires for years. Think it couldn’t happen??? It’s EXACTLY what NWA did to their Junior Pilots in bankruptcy. The Junior/Newhires got 2-3% DC while those Senior “more deserving I put in my dues super premium widebody Captains”…raking in 18-20% DC. Thankfully must of the deadzoners took the VEOP. I agree with the OP….why are we wasting negotiating capital on a MCBP min balance. I place most of the blame for the Company laughing us out of room and walking out squarely on the minority Deadzoners who were VERY organized, active and controlled the MEC and drove the ask sooooo far outside the ZOR that here we are 3 years later & no contract. All this insanity about C2004 plus inflation AND 25% DC AND Lump Sum plus up….and we’ve gotten exactly nothing. 63% of all Delta pilots have never had a pay cut…we have only had pay raises….up until C2919 when the Deadzoners stopped the music….and they continue to with Full Retro blah blah blah….so the Veops can cash in. I’ll take an extra % in rates and a “signing bonus” equal to full retro and screw the Veops who have held things up and continue to do so. I’ll get excoriated for this post. The Chit Chat crowd will stroke out but I don’t GAS…
Last edited by Bucking Bar; 11-11-2022 at 07:48 PM.
#39
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
The Delta pilots will benefit from progress in negotiations. I have no control over the company side. The union side represents us. If a special interest has hijacked and stopped negotiations then we need to attempt to refocus our representatives on the progress that will benefit ALL Delta pilots.
Curious to see where everyone else is on this and learn from the input of others.
Why are you so intensely focused on "who," conspiracy theories and character assassination? A weird obsession you have.
I am one of 14,500 opinions around here.
Curious to see where everyone else is on this and learn from the input of others.
Why are you so intensely focused on "who," conspiracy theories and character assassination? A weird obsession you have.
I am one of 14,500 opinions around here.
not impressed. Interesting there wasn’t a denial there.
#40
Thread Starter
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Yes, I make millions by occasionally posting on Airline Pilot Central. The rub is, they can't pay me directly. They make PAC contributions which are funneled through libertarians. My posts drive <2% of voters to the polls, that, and Lyft credits. It all has to look like legitimate business expenses so we don't end up in the crosshairs of Leticia James.
Using the money to help Elon turn Twitter into a subscription model Friendster.
****, wasn't supposed to tell anyone. But we're friends here.
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