abides

Causal fallacy. It’s been documented in his own post history that he isn’t a Fedex Express seniority list pilot. His other claims to fedex may be valid. He may simply be a management troll. Either way, life is better if you just block him so you don’t have to read his posts.

BrianH

Interesting. I have never played the victim. Think what you want, oh, and no PM or call. I wonder why. Also, go look up determination letters. Figure out why.

Jamo

I really try to hear everyone because each of us has our own viewpoint. Unfortunately, after the recent untrue personal attacks against TC and BH, conjoined with his past ambiguous employment history postings on this forum, I can no longer take NWAP seriously.

Sadly, there are people in our society that truly thrive off creating division. We are not a strong pilot group and he/she realizes this and thrives off the attention received. I personally believe we have very intelligent negotiators. Unfortunately, I also feel they have gone too far down this retirement path to admit error and back down. Some people (especially certain pilots) have too much pride to let integrity get in the way of their pride.

Out of all the different polling, I was never asked if I would prefer an increase to our A plan or a replacement plan in its place. It would be a very simple question that could be worded 1000 different ways. The most important lesson on any public high school statistics class is that you can make any statistic say what you want with the right verbiage. That is what we are about to see.

Stan446

Its simple, vote NO, NO, NO

pinseeker

You were on the PUB call? BS! If you were, you would know that they used their real names and TonyC was on camera when asking his question. You don't have to tell lies!

By the way, how is that pay cut working out for you since you said once negotiations start there should be no more draft or working extra?

Noworkallplay

What call where you on? It sounds like they came on both based on buds that went on second one. I was on the first call. The username TonyC used he can tell you about. He then started talking without turning on his camera to hid behind a voice. Pay cut is working nicely. I'm now commuting from a beautiful little oasis. It amazes me how every negotiations cycle, no matter the airline, a small group of internet warriors try to hijack the entire process. We had the same problem at previous gig so not specific to FedEx.

kronan

If a PSPP style plan is adopted. The minimum benefit you would receive would be the sum of your Annual Pensionable Earnings (up to a negotiated cap) times a defined percentage (also negotiated). No YOS cap.
You would receive an annual letter outlining your current Pension value (just as you do now)

And, you'd have an ability to predict what your Pension would be in the future...just as people do now as they work towards an FAE of $260k.

So, yes, it is a Defined Benefit Plan. Just as the Portable Pension Plan FedEx just terminated for all new employees was a Defined Benefit Plan. In their case, the Defined Benefit portion was a 5% (or 8% for some employees) notional contribution of Pensionable Earnings, added up, year by year, with a Notional return.

And yes, the Portable Pension Plan was covered by the PBGC (Pension Benefit Guaranty Corporation)
So, to me, that's kind of indicative that it was (and is) a Defined Benefit Plan.

Although according to the Intenet gurus, it's not, because the actual Pension depends upon future earnings\events. (Not quite sure how that's different than the predictions of a Traditional A plan, but, whatever)

kronan

And won't that be a Good Thing?

I mean, here on the Internet I read over and over that you never take the first offer. So, if the TA has a modification to our Pension to a PSPP style plan, and it's a change that's overwhelmingly rejected by FedEx Pilots....isn't that a Good thing?

I mean, 5 years ago Delta's MEC wanted to shift compensation away from relying on Profit Sharing in exchange for higher pay rates and delivered a TA to do so. And modifying the Profit Sharing formula was overwhelmingly rejected by the Pilots and that TA was voted down, and the NC\etc replaced and a new TA was reached.
And wasn't that a good thing?

Personally, I think the idea behind never taking the first deal is humorous. If Our NC was taking the first deal, well, we'd be voting on a TA next month.

pinseeker

In the first meeting,

The user name TonyC used was his real name, and anyone at FedEx knows who he is.

He was called on by the MEC chairman to ask a question, which he did with his camera on. He was the only one who asked a question while on camera. Even the NC chairmans friend didn't come on camera while asking his question.

Why do you feel the need to lie? If you were truly at that meeting, you know what you are saying is a lie. So either you were not at the meeting, or want to lie to disparage others. Either way, you are lying.

I do appreciate it though, because now I know beyond a shadow of doubt that you can not be trusted. "IGNORED"

kronan

If only there was a post about known trolls....