Search

Notices

MBCBP

Thread Tools
 
Search this Thread
 
Old 12-09-2023 | 08:10 AM
  #91  
JamesBond's Avatar
Gets Weekends Off
 
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
Default

Originally Posted by TED74
Okay, lesson learned -that’s the last time I play along with someone else’s mischaracterization to make a point. Someone ELSE said it was basically arbitrated (see my original quote), and then I said (to paraphrase) “if that’s what arbitration looks like, maybe we should do it more.” I’ll do better with my sarcasm going forward.

Just so everyone can rest easy - no, I don’t think this was anything close to arbitration, and no, I wouldn’t ever intentionally choose arbitration.
It was an ultimatum or threat, whichever term you choose. That took it out of the realm of unbiased mediation. The clincher was how quickly after the threat was made that the company threw down said 'supposal' and left for Atlanta.

All it did at that time was confirm negotiation fatigue on the "union's" part. They were afraid of being 'parked'.
Reply
Old 12-09-2023 | 08:22 AM
  #92  
Line Holder
 
Joined: Oct 2014
Posts: 1,016
Likes: 16
Default

Originally Posted by JamesBond
It was an ultimatum or threat, whichever term you choose. That took it out of the realm of unbiased mediation. The clincher was how quickly after the threat was made that the company threw down said 'supposal' and left for Atlanta.

All it did at that time was confirm negotiation fatigue on the "union's" part. They were afraid of being 'parked'.
You could argue based on the proposals at other carriers at the time and the lack of significant leap frogging, that the supposal was biased towards us.

The bottom line is that ALPA was not forced to accept anything. They looked at a final offer and decided it was better than the available alternatives. The pilots later looked at the TA and also decided it was better than the alternatives. Choices were made at each step, nothing was forced.
Reply
Old 12-09-2023 | 08:30 AM
  #93  
JamesBond's Avatar
Gets Weekends Off
 
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
Default

Originally Posted by bugman61
You could argue based on the proposals at other carriers at the time and the lack of significant leap frogging, that the supposal was biased towards us.

The bottom line is that ALPA was not forced to accept anything. They looked at a final offer and decided it was better than the available alternatives. The pilots later looked at the TA and also decided it was better than the alternatives. Choices were made at each step, nothing was forced.
If that helps you rationalize it, then good for you.

I will give you this though, UAL or AA didn't do a ****ing thing to move the process along. But that isn't unusual. American never has and UAL only has once in my career.
Reply
Old 12-09-2023 | 08:31 AM
  #94  
NuGuy's Avatar
Gets Weekends Off
 
Joined: Mar 2008
Posts: 4,107
Likes: 103
Default

Originally Posted by JamesBond
I'm actually somewhat amazed that so many are so accepting of the fact that their money is held somewhere... by somebody.. and you have no clue as to any of the particulars.
For the fNWA guys and gals. Where is their frozen pension held? I don't see any funds breakdown on the yearly ERISA Annual Funding Notice report I receive. It only says that it is held in the Delta Master Trust. Also talks about some generalities on investing strategy, and a very general breakdown on the asset allocation. I suspect that we will all get a very similar annual report on the MBCBP when the funds fiscal year closes.

The MBCBP is a DB plan, that means it's professionally managed, and as others have pointed out, it also sits in a investment trust same as the frozen NWA pension.
Reply
Old 12-09-2023 | 09:28 AM
  #95  
Jughead135's Avatar
Line Holder
 
Joined: Sep 2011
Posts: 1,098
Likes: 2
From: Hates Commuting
Default

Originally Posted by JamesBond
OK. I'm happy for you that you are satisfied.

Great. As happy as the rest of us are that you're comfortable in the role you've chosen for yourself.
Reply
Old 12-09-2023 | 09:39 AM
  #96  
Can’t find crew pickup
 
Joined: Jun 2021
Posts: 3,066
Likes: 210
Default

Originally Posted by JamesBond
If that helps you rationalize it, then good for you.

I will give you this though, UAL or AA didn't do a ****ing thing to move the process along. But that isn't unusual. American never has and UAL only has once in my career.
I doubt the union was scared of your boogy man as much as the bar the other 2 unions were going to set much lower.
Reply
Old 12-09-2023 | 10:22 AM
  #97  
DWC CAP10 USAF's Avatar
Gets Weekends Off
Veteran: Air Force
Liked
Gets Weekends Off
 
Joined: Apr 2016
Posts: 4,026
Likes: 217
From: Looking left
Default The MB in MBCBP...

Just want to make sure every knows that the MB stands for Market Based, not Min Balance.
Reply
Old 12-09-2023 | 10:30 AM
  #98  
MoonShot's Avatar
Line Holder
 
Joined: Feb 2007
Posts: 1,077
Likes: 4
Default

Originally Posted by Whoopsmybad
I doubt the union was scared of your boogy man as much as the bar the other 2 unions were going to set much lower.
Exactly. Look no further than AA who still didn’t exceed Delta. How many versions of a TA did UA and AA have combined? They’d have knee capped us if we went another route. Additionally, it was a reasonable offer that warranted serious consideration based on the negotiating environment.
Reply
Old 12-09-2023 | 12:03 PM
  #99  
JamesBond's Avatar
Gets Weekends Off
 
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
Default

Originally Posted by Whoopsmybad
I doubt the union was scared of your boogy man as much as the bar the other 2 unions were going to set much lower.
That doesn't speak very highly of the cohesiveness of the 'association' now does it?
Reply
Old 12-09-2023 | 12:04 PM
  #100  
Line Holder
 
Joined: Feb 2020
Posts: 996
Likes: 91
Default

Originally Posted by Wolf424
(Stares intently)

Arbitration is something else
I'm glad someone else thought that. Well done, sir!

A5S
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Bo Darville
Delta
480
07-29-2023 11:37 PM
rg16
Delta
6
12-11-2022 04:12 AM
Bucking Bar
Delta
395
11-18-2022 05:36 AM
Richard Head
Delta
8
01-28-2020 11:02 AM
PilotWombat
Delta
18
01-27-2020 10:30 AM

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



Your Privacy Choices