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Originally Posted by sailingfun
(Post 2201394)
I am a dead zoner also. No idea how you ended up at 40%. I would get the best professional help you can find. As far as retirement and junior pilots the issue was so far down the surveys that it has as you know received almost no consideration from the union. It was to paraphrase one rep a non event on the surveys. It was at the top of mine but I guess I was in a huge minority.
Denny |
Originally Posted by BobZ
(Post 2201424)
recognizing selling each other out is a bad thing...is not 'courageous'.
it is essential to the survival and 'leverage' of being part of a collective bargaining employee group. your post drips with the condescension and arrogance of most alpa operatives I have dealt with for just about 30 years now. I had retirement issues very high on my survey as well but apparently few others did, so to call the NC abject failures because they aren't addressing the issue is disingenuous. |
Quote Seaslap......"I had retirement issues very high on my survey as well but apparently few others did, so to call the NC abject failures because they aren't addressing the issue is disingenuous." I hear you on this point big time.........!
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Originally Posted by Denny Crane
(Post 2201521)
I need to ask you what age of retirement are you basing your numbers on? Will you have 80% at age 60 or age 65?
Denny |
Originally Posted by BobZ
(Post 2201403)
instead...how about you inform us, specifically and with documentation, how you ended up money ahead?
the only ones here requiring 'professional help' are those like yourself, with deep seated issues surrounding their being associated with a professional peer group they consider intellectually inferior. again...you appear as the cop on the scene, to once again tell a bloodied and battered assault victim...'stop your complaining, its not that bad'. |
You have a frozen plan? Mine was terminated. My PBGC benefit is frozen as it does not have any COLA from the time the plan was terminated. Is that what you mean?
The PBGC annuitized value increases by $2k per month at age 65, but that is not an increase in the overall value of the plan. So how does that cover a 20 percent deficit in your calculations? It definitely wont cover my 60 percent deficit in expected retirement benefits. HUH!!?? |
Secondly, the Claim money was NOT for retirement! You may have used it for that, but it was a bankruptcy claim for wages lost in that current contract only. Apples and Oranges. And only paid cents on the dollar.
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If you're at 40% something went drastically wrong in your investing. To echo Sailing, seek professional help
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Originally Posted by D Mantooth
(Post 2201513)
If you helped, you have my thanks. Sincerely.
of course im just a dumbazz pilot, and not some financial and contract law 'expert'..... what is sad is it took a ton of bricks to fall on the alpa experts before they could even grasp what was being proposed......and given the historic failure rate of employer owned pension plans....THE primary afl-cio benefit template....one would think such language would have already been enacted before any airline filed bankruptcy. but then it wasnt. |
Originally Posted by Seaslap8
(Post 2201542)
I don't see folks debating process and goals and having differing opinion as selling each other out... and to be clear I don't think sailing said he/she was "dollars ahead".
I had retirement issues very high on my survey as well but apparently few others did, so to call the NC abject failures because they aren't addressing the issue is disingenuous. sellout of component demographics has been the stock and trade of the association since i became employed,. the b scale. the pre 72 retirement. express. the bankruptcy distributions. age 65. im sure there are others,...but im kinda tired right now. |
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