I completely understand the IRS limits. So you are assuming that is what the company would agree to? You are speaking to it like its a done deal. Thats my point. I don't see the company agreeing to anything close to that unless we are released to strike. Whats the odds of that happening?

 

Not saying whose is better or who has a win…each person can judge for themselves..just pointing out there is a def difference between the 2 plans…one has been changing and the other is about to change…one way or another. Will be interesting for sure.

 

One is correct that FDX has a more lucrative defined benefit than UPS for everything short of retiring with 30YOS after 1 Jan 23.

One would also be correct stating that UPS has a more lucrative defined contribution than FDX, and historically FDX has had an inferior defined contribution.

FDX's Contract 2015 bumped your DC from 7 to 9% with no change to DB plan; UPS's Contract 2016 bumped the DB FDA from $3000 to $4000/YOS and the 2020 extension took it to a max of $4400/YOS with neither having a change to DC plan.

Overall combined value of current DB & DC plans over a 25+ year career have the two express carriers at retirement parity with each other, with pilots at both carriers having diversified employer-funded retirement income streams, one of which isn't dependent on stock market performance for its value.

 

No, this is what you posted.



If you knew about the IRS limit, then you wouldn't have asked where that number came from and then suggested an even higher number that far exceeded the IRS limit.

Keep digging those holes! You truly are special!

 

And once again you still have not answered my question. Do you think the company is going to agree to an over 50% increase to our A plan? Do you think they would agree to this if we are unable to strike? Come back to reality. At least throw out some reasonable numbers. We are getting a 50% increase in our hourly rate also haha. $680/Hr here we come.

 

Say again, you were blocked.

On second thought, don't.

 

I understand you were/are against it, that’s plainly obvious. I always assume “follow the money” and you get to the puppet masters. Appreciate the info.

 

So only one person at “alpa national,” the president, can threaten withholding his signature, to an MEC’s negotiating goals? I believe that the president can only withhold his signature if the negotiations were not conducted in accordance with the administrative manual and that was because it was a negotiations for concessions that have certain rules that need to be followed by the MEC to ensure a concessionary negotiations are warranted, which in that case they weren’t.

 

Might as well give this thread a bump by posting ...


Folks, we have a bit of a problem, albeit a good problem. I have received far more requests to carry a proxy for Thursday's Council 22 meeting than I can legally hold. We need people who will attend the meeting and who do not already have three proxies so that members who cannot attend will have the ability to weigh in on the motions to consider the recall of the Block Reps.

If you will attend the meeting, support the resolution to consider the recalls, and are willing to carry a proxy for a pilot who cannot attend, please contact me through PM, Text Message, or Phone Call (my number is in VIPS or I can share it via PM) so I can help match you with a pilot who cannot attend and wants to give their proxy to a like-minded pilot in attendance.

Real names are required in order to use the proxy system, and this request necessarily requires an integrity check. You can't tell your brother that you will vote for the resolutions when you intend to vote against them. Members in attendance with proxies obviously have the ability to vote however they see fit -- proxy givers cannot bind them to vote a certain way -- but don't lie up front and say you'll support the resolutions if your only intention is to undermine the process.

Deadline for completing the proxy process is tomorrow morning.


Thank you.


(By the way, nobody will be recalled at the meeting. If the resolutions pass, they will initiate a process where every member of the council will be able to cast their votes electronically FOR or AGAINST recall. The results of THAT vote will determine whether they are recalled.)

 

The copy of Article XVIII of ALPA's Constitution & By-Laws that I'm looking at does not bear that out. It says, "Any and all agreements, contracts, or documents of any and every character whatsoever shall not become effective, binding or operative unless and until they bear the signature of the President."

I was not suggesting that the ALPA President would withhold his signature for trivial reasons. I was responding to the suggestion that our MEC is bowing to pressure from "ALPA National" to adopt a new retirement scheme that would benefit the organization by generating more dues money. As much as I dislike the scheme, I don't think it's useful to propagate falsehoods or foster misunderstandings about it. Even though the motivation remains a mystery to me, I am confident that ALPA National and potential dues moneys are not the motivators. But technically, the ALPA President has to give the final blessing to any agreement, and withholding his signature is not without precedent.






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