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Old 09-03-2016, 06:18 AM
  #121  
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Originally Posted by Trip7
They admitted they did a poor job explaining it. A more detailed presentation will come out soon.

Personally I understood the Notepad and the Q&A and am 100% in favor of the VEBA. Can't beat tax free deposits, investment gains and withdrawals to pay for medical expenses in retirement. Well done by the negotiatiors.
The question then: Is the more detailed explanation going to be a "sales" job like the UPS/DAL comparison video or the TA15 $1.5million+ Fiasco?

Any good explanation will be a sales job in my opinion.

TEN
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Old 09-03-2016, 06:31 AM
  #122  
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Originally Posted by sailingfun
You still have me confused. The 777 agreement was in 1999. Malone became the MEC chairman in 2003. CG was the chairman for the 777 TA. You are going to have to find some more propaganda to slur him with.
You're right, sailingfun. I apologize for my snarky remark.
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Old 09-03-2016, 06:42 AM
  #123  
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Originally Posted by Hank Kingsley
They maybe we need to find some new "guys."

Was there a "wave of social media outrage" for the UPS or SWA deals? For Allegiant's 40% pay increase? No, there wasn't. Because their "guys" fought and didn't cave in.

There will be no outrage if our "guys" fight the good fight. Right now, Malone is fixated on a quick deal. Unsat.
PD,
I'm not happy with any concessions. I've voted no the last 2 contracts, and I'm not a chronic no voter.

I don't believe there is a "new" guy that some of us would ever be happy with. Some guys would be burning an effigy of George Washington if he was leading this goat rope of a union.

JM ran on restoration, and moved to the middle, no doubt. He will never get the support or vote of the far right. Many of us are now marginal voices. 50% will vote for anything. 1% will make a TA pass.

I'd be willing to bet, that you, PD, would not achieve what you would vote for. I couldn't either. Why JM jumped into this mess is beyond me. Thankless job. He's not a shill and some guys are making some pretty crappy statements regarding his motives and character. He's a level headed and pretty good guy.
Standing ovation. Well said.

I have a lot of respect for JM after seeing him handle the long winded Q&A session questions from the "Just Say No" pilots. He listened, and analytically addressed each question/concern with tact, reason and factual evidence. His experience from C2K showed.
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Old 09-03-2016, 06:47 AM
  #124  
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Originally Posted by TED74
How is my estate taxed when I die, assuming it's worth less than $11M?

Where is the evidence concerning ALPAs ability to get approval for something in the future?

Why don't you mention the cap to deposited funds and earnings will pass to beneficiaries?
1. Zero tax

2. Dont know. ALPA might have the answer for that

3. Not following. Cap to beneficiaries? Or Cap on the fund?
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Old 09-03-2016, 06:54 AM
  #125  
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I'm just glad trip7 is back to his normal self and not pretending anymore


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Old 09-03-2016, 07:34 AM
  #126  
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Originally Posted by Trip7
3. Not following. Cap to beneficiaries? Or Cap on the fund?
I read somewhere that VEBA funds exceeding 50K (likely total for a 30-year career during which the company puts all overage retirement contributions) could be lost at death.
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Old 09-03-2016, 07:39 AM
  #127  
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gimmicks.

like the esop stock. and any calculation of such a deal as a viable exchange for surrender of tangible value in the pwa is a fools errand.

which shell is the pea under?
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Old 09-03-2016, 09:48 AM
  #128  
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Originally Posted by Purple Drank
You're right, sailingfun. I apologize for my snarky remark.
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Old 09-03-2016, 10:10 AM
  #129  
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Originally Posted by TED74
I was using the $10.9M figure for a married couple; not sure how things change when a couple dies in series and not parallel My point was that many pilots' estates won't exceed a threshold at death that trigger taxes for beneficiaries, so the tax-free passing of VEBA monies didn't seem to be a significant benefit of the program. Of course, VEBA offers other benefits but at the moment it seems a little fuzzy to be something voted on any time soon.
I would be quite happy to exceed the $5.45M exemption but I just don't see that happening...maybe if I gave up Scotch? Nahhhh 😆
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Old 09-03-2016, 10:16 AM
  #130  
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[QUOTE=80ktsClamp;2194432]Bingo! That's why the polling has been continuous. That was one of the major screw ups from the failed TA last year. Now they have continuous monthly data.



And that data said we don't want a retirement upgrade, min day or better medical? Instead it said that we want VB, VEBA, increased ALV, OE pulls from FOs and CAPS, etc.?

I don't think so...and we'll never see the data, so there's that.
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