Retirement Plan Negotiations?
10-18-2018, 12:10 PM
#61
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Originally Posted by busdriver12
Maybe not. But then again, neither has StarClipper, so...
10-21-2018, 08:15 PM
#62
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Originally Posted by kronan
TonyC
Capital Gains, Dividends, etc will all be rolled into the value of the Pension funds. Just because we don't "see" them in our notional shares doesn't mean that they don't exist.
In fact, in an ironic twist, when the fund profits from dividends and the end of year value of pancakes goes up, it hurts your accumulation of pancakes. When you take your annual earnings and divide by the cost of pancakes, the higher cost of pancakes means you get fewer pancakes.
I just want to emphasize this thing is not a mutual fund. Some people like the idea of having all their retirement in instruments they own and control. This won't be one of those. The pancakes may have your name on them, but you can't do a thing with them or about them except work your butt off until you retire, then wait and hope things go well when you do retire.
.
10-21-2018, 08:28 PM
#63
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Originally Posted by TonyC
When you take your annual earnings and divide by the cost of pancakes, the higher cost of pancakes means you get fewer pancakes.
10-23-2018, 06:21 PM
#65
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Originally Posted by StarClipper
I hope I’m not the only one who is concerned here on how this is shaping to really have an impact on the VB Plan being forced down our throats.
1. FedEx senior Captain elected as ALPA president.
2. FedEx MEC elected Wes “great guy but one of the biggest pushers for the VB Plan” as group A “EVP”
The “EVPs” and four national officers, make up ALPA's Executive Council. The Executive Council oversees fiscal and budgetary matters for the union and participates in policy decisions.
That VB Plan has ALPA written all over it. I’ll wait to see what their 3rd move will be.
1. FedEx senior Captain elected as ALPA president.
2. FedEx MEC elected Wes “great guy but one of the biggest pushers for the VB Plan” as group A “EVP”
The “EVPs” and four national officers, make up ALPA's Executive Council. The Executive Council oversees fiscal and budgetary matters for the union and participates in policy decisions.
That VB Plan has ALPA written all over it. I’ll wait to see what their 3rd move will be.
10-23-2018, 06:33 PM
#66
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Originally Posted by Tuck
Reed was a big pusher of the VB plan? Huh - when? He hasn't served in any capacity since the VB plan was initiated. Do you mean the choice plan? He didn't serve then either. Define big pusher? Where are you getting your facts from?
10-24-2018, 05:25 AM
#67
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Originally Posted by Tuck
Reed was a big pusher of the VB plan? Huh - when? He hasn't served in any capacity since the VB plan was initiated. Do you mean the choice plan? He didn't serve then either. Define big pusher? Where are you getting your facts from?
10-26-2018, 10:53 AM
#68
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I see the Union have already started negotiation with the company concerning the VB Plan. I’ve never seen them move that fast, I’m wondering what’s the rush.
This crap doesn’t smell right
This crap doesn’t smell right
10-26-2018, 01:01 PM
#69
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Originally Posted by StarClipper
I see the Union have already started negotiation with the company concerning the VB Plan. I’ve never seen them move that fast, I’m wondering what’s the rush.
This crap doesn’t smell right
This crap doesn’t smell right
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