Originally Posted by Herkflyr (Post 1187371)

So screaming "BS!" in bold print lots of times is going to sway anyone's opinion?

Originally Posted by scambo1 (Post 1187379)

Well, thanks for offering your constructive debate. I guess you don't have any constructive debate to add.

For some reason when I quoted you, your statement that these boards dont represent the interests of the average delta pilot disappeared.

I guess in that case they must represent the interests of the average delta manager.

Originally Posted by alfaromeo (Post 1187342)

So go ahead and vote no and complain, because you never stop complaining anyway. See, that is what it is like when I am condescending. Can you take it, or do you just dish it out?

Originally Posted by scambo1 (Post 1187319)

T;
Thanks for coming back to the "its not all rosy" fold. I was beginning to wonder.

This NN...with direction from the NDA signing MEC (who fancy themselves as members of the BOD), in an effort to "fix" the companies problems with upcoming retirements, is proposing to decrease the DAL manning requirement (even though there are hints at "promises" of growth).

They are smoothing out the training ripples...lets see if they further try to smooth them out with paybanding and longevity pay...DAL MEC: Fixing managements problems and telling the pilots it's good for them for 8 years.

So much for leverage.

Originally Posted by alfaromeo (Post 1187342)

Can you take it, or do you just dish it out?

Originally Posted by Wasatch Phantom (Post 1187361)

Sailing,

I'm really not trying to be obtuse or trolling, etc.

As my financial advisor says "It's the after tax income that's important..."

So in my example of say an L-1011 Captain who made say $275,000 a year in 1999 and he contributed zero to his defined benefit retirement plan. He was taxed on the $275K and netted $275K less federal and state income taxes, social security, and let's not forget ALPA dues. To make the math simple lets say a combined 35%. So he took home $275K less 35% ($96,250) =$178,750. And he had a defined benefit retirement plan that (in theory anyway) paid him a retirement of 60% FAE.

(Ill use myself as an example.) I had my DB plan taken from me and as a deadzoner I am doing my best to fund my retirement to the tune of the maximum allowable individual contribution. For 2012 that is $17,500 plus the $5,000 (over 50) catch up = $22,500.

So for me as an A-320 Captain my hourly rate is $175.00. Let's say $175K for the year. take away the (forced) retirement contribution of $22.5K and your down to $152,500 and lets say a combined tax/benefit rate of 35% ($53,375) and my take home is $99,125.

That's just over half of what the L-1011 Captain netted in my example above. HMMM not too good, is it?

My point is he didn't have to fund his retirement and we now do.

Originally Posted by Jack Bauer (Post 1187348)

BS! BS! BS! BS! BS! BS! BS! BS! BS! BS!

You are not one of us. You are a used car salesman with your own agenda. Please go back to your lot.