![]() |
|
Originally Posted by alfaromeo
(Post 1681145)
I post here for one reason. There are some number of pilots that read this forum and don't post. I try to reach those people with another perspective.
To raise their expectations--or to lower them? To encourage them to fight for the best possible contract--or to settle for whatever management offers? To question the status quo and improve the "union--"or to demand obeisance to those who "know better" like yourself? The things you and Carl and many others post on here are simply stupid failed tactics that have no basis in reality. Everyone that does what you propose fails. If the pilot group wants to go down that path of failure, then it is their choice. However, I don't want to go down that path. So I will try to convince people why your ideas are stupid and doomed to failure. It is so funny that people like you try as much as possible to harass and attack anyone who disagrees with your ideas. Why are you so afraid of open debate? That is the real question. |
In early 2006 NWA froze the pension plan and replaced it with a DC plan that rose to 8% over a few years. NWALPA proposed a targeting of that money to give more of it to junior pilots who had the biggest gap between their frozen DB amount and what they would have received if the DB plan was never frozen. The targeting plan was a complicated actuarial exercise that had as a goal getting everyone to a $$ amount at age 60 that, when added to their frozen monthly benefit, would approximate the value of a 50% FAE pension (DB had originally been 60% FAE). This plan was voted on and passed by the NWA pilot group.
Many senior pilots at the time had a frozen DB benefit that exceeded the 50% FAE goal. Under the targeting plan those pilots therefore received $0 monthly since they had already achieved the 50% goal. More junior pilots with a large gap between their frozen DB benefit and the 50% FAE (the plan used assumptions of normal career progression) received a targeted $$ amount semi-monthly into the NWA DC plan. The amount varied according to complex actuarial calculations based on age, age at date of hire, etc. A group of senior pilots, with frozen pension amounts already greater than the agreed goal of 50% FAE sued NWA and ALPA claiming that this plan represented age discrimination and damages to their retirement. Lots of back and forth over a long time and it was all eventually dismissed. The prevailing view of many: They already had their $$, but also wanted other pilot's $$. |
Originally Posted by ATL7ER
(Post 1681272)
In early 2006 NWA froze the pension plan and replaced it with a DC plan that rose to 8% over a few years. NWALPA proposed a targeting of that money to give more of it to junior pilots who had the biggest gap between their frozen DB amount and what they would have received if the DB plan was never frozen. The targeting plan was a complicated actuarial exercise that had as a goal getting everyone to a $$ amount at age 60 that, when added to their frozen monthly benefit, would approximate the value of a 50% FAE pension (DB had originally been 60% FAE). This plan was voted on and passed by the NWA pilot group.
Many senior pilots at the time had a frozen DB benefit that exceeded the 50% FAE goal. Under the targeting plan those pilots therefore received $0 monthly since they had already achieved the 50% goal. More junior pilots with a large gap between their frozen DB benefit and the 50% FAE (the plan used assumptions of normal career progression) received a targeted $$ amount semi-monthly into the NWA DC plan. The amount varied according to complex actuarial calculations based on age, age at date of hire, etc. A group of senior pilots, with frozen pension amounts already greater than the agreed goal of 50% FAE sued NWA and ALPA claiming that this plan represented age discrimination and damages to their retirement. Lots of back and forth over a long time and it was all eventually dismissed. The prevailing view of many: They already had their $$, but also wanted other pilot's $$. Ok, got it we had the same targeted type of DC plan when the DB was frozen. We had at least one lawsuit also however I believe it was over the distribution formulas for the note and claim money. |
Originally Posted by Purple Drank
(Post 1681260)
This from possibly the most arrogant, belittling poster on this thread.
|
Originally Posted by Justdoinmyjob
(Post 1681282)
Pot meet kettle much?
|
Originally Posted by gloopy
(Post 1681233)
Soccer is just lame. Its for trendy suburban school children that aren't coordinated enough for baseball who'se parents are too scared to let them play football.
|
Originally Posted by Carl Spackler
(Post 1681201)
That's part of the secured/unsecured creditor agreements during a bankruptcy and is not part of negotiations for a new PWA.
|
Originally Posted by gloopy
(Post 1681233)
You mean the largest recreational activity that builds basic motor skills to one day play real sports is on Sunday.
Soccer is just lame. Its for trendy suburban school children that aren't coordinated enough for baseball who'se parents are too scared to let them play football. That's funny! Seems to me all the fat kids who can't run play baseball. A few athletic kids play football. Many Dorito eating couch potatoes play defense. To be fair there are a few positions in football that actually require talent and athleticism. The kids with strong legs and hearts play soccer. They have a good bmi. The real tough and athletic kids end up playing hockey. Swimmers and gymnasts are in great shape as well. Soccer is popular because it's cheap. Just a cup, shin pads and a ball. Trendy suburban school children play lacrosse. Or if you had my hockey coach you had to play lacrosse anytime you were not on the ice. Run run run skate skate skate. Great exercise! |
Originally Posted by hoserpilot
(Post 1681308)
Soccer is popular because it's cheap. Just a cup, shin pads and a ball.
One or two hard kicks, a week of icepacks, and you'll never need to send kids to college. |
Originally Posted by hoserpilot
(Post 1681308)
That's funny! Seems to me all the fat kids who can't run play baseball. A few athletic kids play football. Many Dorito eating couch potatoes play defense. To be fair there are a few positions in football that actually require talent and athleticism. The kids with strong legs and hearts play soccer. They have a good bmi. The real tough and athletic kids end up playing hockey. Swimmers and gymnasts are in great shape as well. Soccer is popular because it's cheap. Just a cup, shin pads and a ball. Trendy suburban school children play lacrosse. Or if you had my hockey coach you had to play lacrosse anytime you were not on the ice. Run run run skate skate skate. Great exercise!
|
| All times are GMT -8. The time now is 02:51 PM. |
|
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands