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Old 05-13-2012 | 12:45 PM
  #98971  
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Originally Posted by Herkflyr
So screaming "BS!" in bold print lots of times is going to sway anyone's opinion?
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.
Old 05-13-2012 | 12:53 PM
  #98972  
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Originally Posted by scambo1
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.

Hmmmm. Herkflyr? A quick google check shows that the Marines flew C-130's, thus highly likely then

Last edited by TheManager; 05-13-2012 at 01:17 PM.
Old 05-13-2012 | 12:57 PM
  #98973  
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test message
Old 05-13-2012 | 12:58 PM
  #98974  
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Glad I took the weekend off
Old 05-13-2012 | 01:08 PM
  #98975  
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Originally Posted by alfaromeo
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?

No one said anything about voting no, I just stated that despite your efforts to spin and sell, others will be here challenging you on it. They will laud the successes and criticize the fails. Do you have a problem with that?

Do you have a problem with others that will do a detailed tear down and analysis of section 1 and then all the others and share their ideas?

How about if their opinions are different from the MEC memebers and their communications arm?

Will you be able take it?
Old 05-13-2012 | 01:15 PM
  #98976  
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I enjoy reading the threads here, but I find myself thinking the representation here is narrow in relation to the pilot group. I've been at delta about 14 years and although I understand the importance of scope, there are other important issues to me and, I believe, to us as a pilot group. It seems reasonable to me that during a normal negotiation, both sides make concessions. It seems logical to me that at some point, being unwilling to make some concessions could be counterproductive. I don't understand the idea of being unwilling to compromise on one individual issue, regardless of what else is on the table. I also feel that although the piloting profession has suffered in terms of wages in real dollars; advancements in safety, navigation and communication make the job more comfortable today then when it enjoyed greater compensation. I don't follow these issues as closely as most people here do. I'm open to changing my mind, but for now I tend to think the opinions here are mostly an unrealistic minority view.
Old 05-13-2012 | 01:32 PM
  #98977  
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Originally Posted by scambo1
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.
I've never been in that camp. I KNOW there will be things that I do not like in the next contract. I was just hoping they would be more minor than what I see so far. As far as I am concerned, it is taking the debit side of the ledger just that more into the red... The compensation better be pretty eye watering.
Old 05-13-2012 | 01:35 PM
  #98978  
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Originally Posted by alfaromeo
Can you take it, or do you just dish it out?
He usually just dishes... a plate full of donuts.
Old 05-13-2012 | 01:43 PM
  #98979  
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Originally Posted by Wasatch Phantom
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.
Excellent post - don't forget all your income (including your 401K contributions) are subject to FICA (7.65%) up to the max ($110,100 for 2012) and medicare (1.45%) is unlimited salary cap. One of the reasons DC plan contributions are so valuable is it IS NOT subject to FICA/Medicare. I really believe we need to get the DC plan up to 20% so we can get near the 401 statutory maximum of $50,000/year - of which $17,000 (< age 50) or $22,500 (over age 50 with Catch up). Even when I max out @ $22,500 I can only get about another $14,000 (on a wage of approx. $100,000). The only way to make up the loss of the DB is save more - in order to do that we need to make more money and get the company to put more in the DC plan.
Old 05-13-2012 | 01:45 PM
  #98980  
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Originally Posted by Jack Bauer
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.
Okay, when was the reserve system better?
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