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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

finis72 07-08-2012 06:45 AM


Originally Posted by Pineapple Guy (Post 1226414)
How so? Do they get more than a pre-merger Delta guy?

They happen to still have a DB plan. When you have a 401k type retirement plan it behooves you to work longer, i.e. every year you put $ in is a year you aren't taking $ out. If I was within a year I would be gone.

tsquare 07-08-2012 06:52 AM

I don't think you can say more fNWA guys will go or not go. They are also getting a 12+% pay increase.. they reside at the top of the food chain.. and are living pretty easy.

Whether or not most guys will admit this or not.. we all still love flying airplanes. We all TALK the talk.. but when it really comes down to pulling the handles.. like these forums, it's mostly bull****.

Talk amongst yourselves...

orvil 07-08-2012 06:59 AM


Originally Posted by tsquare (Post 1226429)
I don't think you can say more fNWA guys will go or not go. They are also getting a 12+% pay increase.. they reside at the top of the food chain.. and are living pretty easy.

Whether or not most guys will admit this or not.. we all still love flying airplanes. We all TALK the talk.. but when it really comes down to pulling the handles.. like these forums, it's mostly bull****.

Talk amongst yourselves...


Second time hell has frozen over. I agree with T-square. Life is just too good at the top of the food chain.

tsquare 07-08-2012 07:01 AM


Originally Posted by Pineapple Guy (Post 1226414)
How so? Do they get more than a pre-merger Delta guy?

Interesting question. A fNWA guy will get his DB retirement for life. A fDAL guy can spend his PBGC and whatever he happened to get with his investments from the note/claim, but those are highly dependent on how successful he has been in those investments. That is the wild card and those that have saved and invested well will potentially do better, but THAT is dependent on their investing prowess, NOT the company's. The fNWA guys can blow it all until they die and will still get the same amount year after year.. (unless DAL files BK again and we give up those plans) so I would say that.. yes.. they do get more. I am sure it can be argued both ways though..

Pineapple Guy 07-08-2012 07:27 AM


Originally Posted by tsquare (Post 1226431)
Interesting question. A fNWA guy will get his DB retirement for life. A fDAL guy can spend his PBGC and whatever he happened to get with his investments from the note/claim, but those are highly dependent on how successful he has been in those investments. That is the wild card and those that have saved and invested well will potentially do better, but THAT is dependent on their investing prowess, NOT the company's. The fNWA guys can blow it all until they die and will still get the same amount year after year.. (unless DAL files BK again and we give up those plans) so I would say that.. yes.. they do get more. I am sure it can be argued both ways though..

They don't get any more from the early out program, which was the initial allegation. They might have a higher pension, but then again, the reason the Delta guys aren't going, is because they get to draw their pension benefit and continue to work (something that was never permitted before) beyond age 60 (also something that was never permitted before).

Bottom line - the 777A guys are doing just fine, all things considered.

Pineapple Guy 07-08-2012 07:29 AM


Originally Posted by finis72 (Post 1226427)
They happen to still have a DB plan. When you have a 401k type retirement plan it behooves you to work longer, i.e. every year you put $ in is a year you aren't taking $ out. If I was within a year I would be gone.

If you're really a 777A, you still got a significant PBGC benefit, a huge note/claim payout, AND get to work past 60 AND draw your PBGC benefit while you do it. Don't act like the fnw guys have it so much better.

filejw 07-08-2012 07:46 AM


Originally Posted by CVG767A (Post 1226425)
That's what I expect, as well. The FNWA guys are more likely to take it, given the fact that they have a pension. I'm expecting 200 or so mostly north guys to take the deal, and anticipate little or no trickle-down benefit to me.

The only folks I heard say they are going are FNWA that have pensions based on WB pay or are 63 or older . Not that many really. There may be 200 early outs but they will be spread out and not as high up the food chain as you think.Too many people that still enjoy the job as I do.One of the reasons I vote no on the TA. ALPA giving up 300 jobs to work rules when the company came to them is unforgivable to me.

UncleSam 07-08-2012 07:54 AM


Originally Posted by Pineapple Guy (Post 1226414)
How so? Do they get more than a pre-merger Delta guy?

All fDAL pilots lost their defined benefit plan with the bankruptcy. fNWA did not. fDAL pilots have a 401k & maybe something from the PBGC. So, yes, the answer to your question is that they will get significantly more.

tsquare 07-08-2012 08:06 AM


Originally Posted by Pineapple Guy (Post 1226447)
If you're really a 777A, you still got a significant PBGC benefit, a huge note/claim payout, AND get to work past 60 AND draw your PBGC benefit while you do it. Don't act like the fnw guys have it so much better.

mmmmmmmmaybe. My point above is that the fNWA guys can go out and blow the same amount of money each year as a fDAL guy, and he will ALWAYS.. until the day he dies.. get that same amount, because the tank is refilled. The fDAL guy does not (unless he invests well). If you are saying that the fDAL guy would have the same amount of money, then many should be gone, because they would effectively have gotten a complete DB payout with the claim/note.

Your comment about getting to work past age 60 was humorous to say the least..

gloopy 07-08-2012 08:15 AM


Originally Posted by Ferd149 (Post 1226337)
Don't forget, NewK turns even average girls hot with his aura. So it just takes a little longer to work through the extra babes:cool:

Yes. I met NewK on an overight once. I think I have a pic.

http://www.seminareventreview.com/wp...shallowhal.jpg

Anyway nice guy. Right after that I met this really hot chick at the bar that no one else was flirting with and believe it or not she was all over me for the attention.


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