Retirement Plan Negotiations?
10-26-2018, 02:38 PM
#71
Fill'er Up Again
Joined APC: Jun 2008
Position: Scarebus Captain
Posts: 1,089
Originally Posted by BoxFlyer
I don’t want any pancakes or waffles. Leave the A fund alone!!
If the VB is so great, let Delta or American be the guinea pigs on this for about 10 years and get back with us.
If the VB is so great, let Delta or American be the guinea pigs on this for about 10 years and get back with us.
10-26-2018, 03:08 PM
#72
Line Holder
Joined APC: Nov 2016
Posts: 51
Originally Posted by Nightflyer
The senior old guys that this will benefit are retiring quickly. They've got to get this done asap so they can get their votes.
Every month there are new senior old guys locking in their 130k per year retirement. As the current guys and gals age out, there is someone right there to replace them. One day it will be you. One day it will be me.
10-26-2018, 03:12 PM
#73
Line Holder
Joined APC: Nov 2016
Posts: 51
Originally Posted by BoxFlyer
I don’t want any pancakes or waffles. Leave the A fund alone!!
If the VB is so great, let Delta or American be the guinea pigs on this for about 10 years and get back with us.
If the VB is so great, let Delta or American be the guinea pigs on this for about 10 years and get back with us.
Even though the VB plan is intriguing to me, I too don't want to be the guinea pig. I am more inclined to have another pilot group give it a whirl. And if not another pilot group, let the other FDX employees that are getting pensions try it out for a while too.
10-26-2018, 03:15 PM
#74
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,381
Originally Posted by StillFlying
Every month there are new senior old guys locking in their 130k per year retirement. As the current guys and gals age out, there is someone right there to replace them. One day it will be you. One day it will be me.
10-26-2018, 05:21 PM
#75
Gets Weekends Off
Joined APC: May 2018
Posts: 210
Originally Posted by Nightflyer
I am concerned that I won't get to 25 and get locked in before the union gets this nonsense approved by the 51%.
10-26-2018, 07:10 PM
#76
Gets Weekends Off
Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
Originally Posted by BLOB
I understand guys will vote for best interests when it comes to a vote, but if it’s not good before you have a high 5 and 25...our union (which is all of us) should not support it. Can’t see this being good for unity or stopping the old guy vs new guy bad vibe.
Only YOS stop.
And, if you're not vested...YOS continue to count until vested under the current A plan
10-26-2018, 08:17 PM
#77
Gets Weekends Off
Joined APC: May 2016
Position: 757
Posts: 146
Originally Posted by kronan
Desired outcome is a freeze where everyone has the same, high 5 ability they would achieve under our current plan. So, if you can hit 260 under the old...Part A of your Pension :-) would still be based on 260k * 2% * YOS when\if the transition happens
Only YOS stop.
And, if you're not vested...YOS continue to count until vested under the current A plan
Only YOS stop.
And, if you're not vested...YOS continue to count until vested under the current A plan
10-26-2018, 10:48 PM
#80
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,381
Originally Posted by kronan
Desired outcome is a freeze where everyone has the same, high 5 ability they would achieve under our current plan. So, if you can hit 260 under the old...Part A of your Pension :-) would still be based on 260k * 2% * YOS when\if the transition happens
Only YOS stop.
And, if you're not vested...YOS continue to count until vested under the current A plan
Only YOS stop.
And, if you're not vested...YOS continue to count until vested under the current A plan
So what good does that do me?
Again, the guys with high 5 and 25 benefit at the expense of the rest of us suckers.
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