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bugman61 12-08-2023 08:13 AM


Originally Posted by Nick Bradshaw (Post 3733695)
Blackrock. Did you forget they leaked that back during negotiations, they tried to say that's not what they meant?

I know you are just constantly trolling, but for those that actually care about facts that’s not what happened. Early on they were going to use the blackrock fund because it was the cheapest way to get the target investments required. There was significant feedback on the use of blackrock, end they were able to find a solution that mirrored the investment allocation without giving Blackrock any money.

Nick Bradshaw 12-08-2023 08:25 AM


Originally Posted by bugman61 (Post 3733705)
I know you are just constantly trolling, but for those that actually care about facts that’s not what happened. Early on they were going to use the blackrock fund because it was the cheapest way to get the target investments required. There was significant feedback on the use of blackrock, end they were able to find a solution that mirrored the investment allocation without giving Blackrock any money.

If only there was a way to verify that. Not sorry, but I don't trust you guys after you gave up the 4th pillar. Just because you say it's so is meaningless.

igotgummed 12-08-2023 09:39 AM


Originally Posted by Nick Bradshaw (Post 3733716)
If only there was a way to verify that. Not sorry, but I don't trust you guys after you gave up the 4th pillar. Just because you say it's so is meaningless.

hmm….strange…..but do we not get a DC increase in a few weeks? (Btw….you don’t need to answer)

Whoopsmybad 12-08-2023 12:12 PM


Originally Posted by igotgummed (Post 3733779)
hmm….strange…..but do we not get a DC increase in a few weeks? (Btw….you don’t need to answer)

Still thinks this is the Min Balance thread.

OOfff 12-08-2023 12:15 PM


Originally Posted by Nick Bradshaw (Post 3733716)
If only there was a way to verify that. Not sorry, but I don't trust you guys after you gave up the 4th pillar. Just because you say it's so is meaningless.

love that you’re posting that we abandoned the 4th pillar in a thread about a new tax deferred option available to pilots

Nick Bradshaw 12-08-2023 12:57 PM


Originally Posted by Whoopsmybad (Post 3733885)
Still thinks this is the Min Balance thread.


Originally Posted by OOfff (Post 3733891)
love that you’re posting that we abandoned the 4th pillar in a thread about a new tax deferred option available to pilots

I put these two quotes together so that maybe you'll understand. The 4th pillar was min balance for those of us who got our pensions stolen, not a 2% DC boost for junior who has lots of time to save.

OOfff 12-08-2023 01:00 PM


Originally Posted by Nick Bradshaw (Post 3733917)
I put these two quotes together so that maybe you'll understand. The 4th pillar was min balance for those of us who got our pensions stolen, not a 2% DC boost for junior who has lots of time to save.

I thought the 4th pillar was “retirement improvements,” not any specific policy

Nick Bradshaw 12-08-2023 01:04 PM


Originally Posted by OOfff (Post 3733920)
I thought the 4th pillar was “retirement improvements,” not any specific policy

So did 9/16 of the MEC, apparently. That lady sure was scary!

Doesn't matter what we were promised. But I guess thats water under the bridge now. We'll just take it through Congressional action.

Gunfighter 12-08-2023 01:12 PM


Originally Posted by Nick Bradshaw (Post 3733917)
I put these two quotes together so that maybe you'll understand. The 4th pillar was min balance for those of us who got our pensions stolen, not a 2% DC boost for junior who has lots of time to save.

​​​​​​MBCBP is a tax deferred retirement account that provides the most benefit to those within 5 years of retirement. The once in a career opt in/out is a steep price to pay for anyone with lots of time to save. Junior either locks up money longer than desirable or misses out on the late career benefits.

180ToAJ 12-08-2023 01:15 PM


Originally Posted by OOfff (Post 3733920)
I thought the 4th pillar was “retirement improvements,” not any specific policy

It is
One that benefits the entire group. Which benefiting the entire group is one of the arguments made about age 67. Which it doesn’t.
However, he also stated he wanted min balance which, again, primarily benefits him.
Also, the Delta bankruptcy would be old enough to vote in an election.


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