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Delta’s New Pay Scale

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Old 03-07-2023 | 06:06 AM
  #101  
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Originally Posted by OpieTaylor
Just curious, have you considered that it wasn’t a charitable decision? What would happen when 51% of voters do not have a pension and 49% do? I would think the bankruptcy laws that freeze an employees vesting years of service for a pension would not apply if a union group not in bankruptcy voluntarily votes to dissolve a pension for a better/different 401k/defined contribution .

Are you familiar with a specific law that would protect the not yet retiring pilots if the membership voted to scuttle the entire pension once a majority didn’t have even have one?

The idea that it’s impossible to “loose” pension equity from a past contract, is directly offset by every soon to retire pilots desire to “gain” pension equity right before retirement via a new contract. You feel it can go one way but not the other? Especially if half or more of the group were excluded from a pension.
"Loose?" Seriously?
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Old 03-07-2023 | 06:59 AM
  #102  
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Right now, it would be ill advised to agree to pay-rates that didn’t increase our current pay by at least 30%.

So far… the bar will move.
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Old 03-07-2023 | 07:04 AM
  #103  
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Originally Posted by abides
Right now, it would be ill advised to agree to pay-rates that didn’t increase our current pay by at least 30%.

So far… the bar will move.
uh i'm sure you meant 50%
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Old 03-07-2023 | 08:22 AM
  #104  
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Originally Posted by threeighteen
uh i'm sure you meant 50%
🙌🏼 … going back to where this thread started the best thing we can do is show more and more folks here the delta rates plus various work rule improvements gained. Get people to stop thinking about it being “not realistic “ or the classic “FedEx would never match that”
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Old 03-07-2023 | 10:17 AM
  #105  
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Originally Posted by Greenhorn
🙌🏼 … going back to where this thread started the best thing we can do is show more and more folks here the delta rates plus various work rule improvements gained. Get people to stop thinking about it being “not realistic “ or the classic “FedEx would never match that”
And we've got senior guys on JF already trying to justify lower rates than Delta because we have all our widebodies in the same pay band. What the actual F@ck! Why the hell would be trying to justify this kind of ****!
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Old 03-07-2023 | 11:12 AM
  #106  
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Originally Posted by Linepilot63
And we've got senior guys on JF already trying to justify lower rates than Delta because we have all our widebodies in the same pay band. What the actual F@ck! Why the hell would be trying to justify this kind of ****!
Yea everyone pretty much called him out for sounding like a company hack. I'm only worried there are more out there with his views staying silent.
​​​​​​
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Old 03-07-2023 | 03:07 PM
  #107  
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Originally Posted by OpieTaylor
Just curious, have you considered that it wasn’t a charitable decision? What would happen when 51% of voters do not have a pension and 49% do? I would think the bankruptcy laws that freeze an employees vesting years of service for a pension would not apply if a union group not in bankruptcy voluntarily votes to dissolve a pension for a better/different 401k/defined contribution .

Are you familiar with a specific law that would protect the not yet retiring pilots if the membership voted to scuttle the entire pension once a majority didn’t have even have one?

The idea that it’s impossible to “loose” pension equity from a past contract, is directly offset by every soon to retire pilots desire to “gain” pension equity right before retirement via a new contract. You feel it can go one way but not the other? Especially if half or more of the group were excluded from a pension.
The IRS website has several pages on this. In summary IMO it states that earned benefits will be maintained in you scenario.
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Old 03-07-2023 | 05:12 PM
  #108  
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I will put real money on the table that, if this company drops the pension, they will fight like he** to find new hires. It doesn’t matter what the background is, everyone I work with states they are here for the pension. Without it, we’re one small step above Atlas. I took months off at Atlas with their vacation. Pre-Covid, I had more time off at Atlas. I’ve also jumpseated many times with United/Delta pilots that take months off as well. Without that pension, there is very little reason to come to FedEx. Pass a contract without the pension and lower pay rates and let’s see what happens.
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Old 03-07-2023 | 05:14 PM
  #109  
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Originally Posted by Airbum
The IRS website has several pages on this. In summary IMO it states that earned benefits will be maintained in you scenario.
Probably for non union workers. I doubt if the President of the United States allows a company or union to peruse self help via the RLA and then the IRS jumps in afterwards and determines who’s harmed too much.

A ratified agreement carry’s the same authority as an agreement resulting from company or union self help which would have had to include the President. No way a court battle results in IRS policy prevailing over a ratified RLA contract.
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Old 03-07-2023 | 05:54 PM
  #110  
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Originally Posted by schloppy1
I will put real money on the table that, if this company drops the pension, they will fight like he** to find new hires. It doesn’t matter what the background is, everyone I work with states they are here for the pension. Without it, we’re one small step above Atlas. I took months off at Atlas with their vacation. Pre-Covid, I had more time off at Atlas. I’ve also jumpseated many times with United/Delta pilots that take months off as well. Without that pension, there is very little reason to come to FedEx. Pass a contract without the pension and lower pay rates and let’s see what happens.
If they create different retirement plans for different parts of the pilot group I’m out. There’s no way you can recover from that. All unity would be lost at that point.
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