So, now what?
#22
I respect subject matter experts, but in the end they do not have to live and work under this TA. Everyone who is not a delta pilot (especially the media and your neighbor) always look at nothing but our pay rates and simply compare it to what they make when judging us.
I really don't think anyone but a delta line pilot can appreciate the nuances of QOL and work rules. That's why I think everyone but the line pilots were surprised at the outcome of this TA.
#24
Would those "funds" be invested in a similar style to the old DB plan? I would be interested if I could do it or at least have some control, but I am not sure if it would be a good deal if it were simply dollars put into a "insurance contracts" kind of vehicle as it would get eaten into by inflation. I dunno. Just spitballin, but there might be something there.
#25
Would those "funds" be invested in a similar style to the old DB plan? I would be interested if I could do it or at least have some control, but I am not sure if it would be a good deal if it were simply dollars put into a "insurance contracts" kind of vehicle as it would get eaten into by inflation. I dunno. Just spitballin, but there might be something there.
You also have a 60 hour "pay" bank. But now that I think about it, all of those banks would pay out in the same tax year as your retirement from Delta so it probably wouldn't be a good tax savings after all.
My other idea, pay us (at least partially) in Delta stock or stock options. You know, like our CEO and other executives. Call it a bonus. Whatever.
#27
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
No. They would not be invested in anything, unlike an IRA.
You also have a 60 hour "pay" bank. But now that I think about it, all of those banks would pay out in the same tax year as your retirement from Delta so it probably wouldn't be a good tax savings after all.
My other idea, pay us (at least partially) in Delta stock or stock options. You know, like our CEO and other executives. Call it a bonus. Whatever.
You also have a 60 hour "pay" bank. But now that I think about it, all of those banks would pay out in the same tax year as your retirement from Delta so it probably wouldn't be a good tax savings after all.
My other idea, pay us (at least partially) in Delta stock or stock options. You know, like our CEO and other executives. Call it a bonus. Whatever.
#28
I wouldn't mind if it were front loaded to the senior guys, either. Since you guys are the ones who lost the most in bankruptcy.
If there is ever a time to do it, it is now.
Delta owes you, they are making billions, and they can afford to pay.
#29
Carl
#30
WRONG!
The "pros" from National gave speeches at the MEC meeting where this thing got ratified.
I was there and listened to all of it. Two of their "representation specialists" and one lawyer from Cohen, Weiss and Simon.
They fully endorsed the "this is the best deal you can get" line.
They sat next to our negotiators through this whole process.
They gave a long presentation on how fabulous this TA was.
They spent over an hour warning our MEC not to turn down this TA.
If anything, they were the source of the fear tactics used in the sales job.
They are a big part of the problem. They are definitely not the solution.
They represent ALPA. They do NOT represent pilots. There's a big difference.
Think about it. They love payrates. Because that means dues.
They don't care one lick about work rules or manning or sick leave or scope. It showed in their pleas to pass this deal.
The "pros" from National gave speeches at the MEC meeting where this thing got ratified.
I was there and listened to all of it. Two of their "representation specialists" and one lawyer from Cohen, Weiss and Simon.
They fully endorsed the "this is the best deal you can get" line.
They sat next to our negotiators through this whole process.
They gave a long presentation on how fabulous this TA was.
They spent over an hour warning our MEC not to turn down this TA.
If anything, they were the source of the fear tactics used in the sales job.
They are a big part of the problem. They are definitely not the solution.
They represent ALPA. They do NOT represent pilots. There's a big difference.
Think about it. They love payrates. Because that means dues.
They don't care one lick about work rules or manning or sick leave or scope. It showed in their pleas to pass this deal.
Carl