Quote:
Originally Posted by Noworkallplay
(Post 3325758)
Can you not read? The company's position is to move away from a pension. That's what happened in the "Bankruptcy Era" like my previous Legacy I was at. Once again, you appear to be the management the letter talked about that would spread rumors. I have quoted it once again for you since it hasn't sunk in.
"What management doesn’t want you to hear is that they made a proposal that is ultimately rooted in bankruptcy era contracts at other properties that place all the retirement risks on pilots."
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This is not news to anyone at this company. It has been constantly reiterated in all of the pancake plan marketing for the last 5 years that the company wants out of the pension business. Why all of the sudden outrage about that? Our job is to compel them to improve the A plan terms, not go B plan only or even a market based pseudo- A plan which hopes the funding improvements come from stock gains so the company doesn’t have to pay up.
The real issue here, which is insane to not know at this point, is whether or not we are asking for a new type of inferior retirement plan to replace a traditional well funded pension during times of record profit and growth during the most difficult conditions in our company’s history. (Hint, you’re welcome company for those record profits, it was our pleasure! Now it is time to share in the profits as business partners do).
I think it’s probably a safe assumption that we are asking for the pancake plan because we proposed it as a pension concession before negotiations even started last year or so. But only the negotiating committee and company know for sure, which is kind of a big deal for the average line pilot planning his/her future. So a little clarity and Information would go a long way to unite. Non committee members are the only group left of of the largest details of the proposal - do you think that makes anyone comfortable and feel United?
Standing by for you or an alias to attempt to derail this thread to another topic besides whether or not the pancake plan is what we actually are pursuing..
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