No one left behind!
02-22-2024 | 09:42 AM
#221
On Reserve
Joined: Jul 2023
Posts: 140
Likes: 1
Okay, her eare some corrections:
"The NC and MEC have said what the cost of the failed TA was."
Not true, they only said it was the value not the cost. Nor would they say the value to the company in productivity gained and the additional job which would be put at risk due to those productivity gains.
"ALPA has already valued our contract as a $3.8 billion increase over the 2015 contract and valued it as the highest dollar value per pilot of any ALPA contract. So how do you convince the NMB that we are being reasonable in our asks? Everything we are trying to achieve has a dollar value increase, and there is a limit to what is reasonable".
ALPA refused to show its work. Further with interest rates so high, the cost to the company to buy the $130K retirement annuity has gone down. Yet another winfall for the company. Where is the education on that from good old ALPA? ALso, How many Billions of dollar are set aside for stock buy back? How does that help us? They have the money and they have been getting way more out of us pert credit hour earned. It is time we focus on our future collectively.
"The NC and MEC have said what the cost of the failed TA was."
Not true, they only said it was the value not the cost. Nor would they say the value to the company in productivity gained and the additional job which would be put at risk due to those productivity gains.
"ALPA has already valued our contract as a $3.8 billion increase over the 2015 contract and valued it as the highest dollar value per pilot of any ALPA contract. So how do you convince the NMB that we are being reasonable in our asks? Everything we are trying to achieve has a dollar value increase, and there is a limit to what is reasonable".
ALPA refused to show its work. Further with interest rates so high, the cost to the company to buy the $130K retirement annuity has gone down. Yet another winfall for the company. Where is the education on that from good old ALPA? ALso, How many Billions of dollar are set aside for stock buy back? How does that help us? They have the money and they have been getting way more out of us pert credit hour earned. It is time we focus on our future collectively.
Alpa didn't show its work on United or Deltas contract either. The MEC didn't like the costing number that Alpa came up with, so they hired another actuarial firm to reevaluate Alpa's number and they came back with the same thing.
With interest rates so high the cost of the annuity has gone down and will continue to go down along with its value. I can't see why people don't want out of the pension. I would take a reasonable buy out in a heart beat.
02-22-2024 | 09:53 AM
#222
Gets Weekends Off
Joined: Dec 2023
Posts: 187
Likes: 0
Please explain your difference between cost and value. If the value to us is 3.8 Billion how is that not the cost to the company. The productivity gains were factored into that value. Pay and retirement were net gains student lines and vacation sell back were net losses and the total was an overall net gain of 3.8 billion.
Alpa didn't show its work on United or Deltas contract either. The MEC didn't like the costing number that Alpa came up with, so they hired another actuarial firm to reevaluate Alpa's number and they came back with the same thing.
With interest rates so high the cost of the annuity has gone down and will continue to go down along with its value. I can't see why people don't want out of the pension. I would take a reasonable buy out in a heart beat.
Alpa didn't show its work on United or Deltas contract either. The MEC didn't like the costing number that Alpa came up with, so they hired another actuarial firm to reevaluate Alpa's number and they came back with the same thing.
With interest rates so high the cost of the annuity has gone down and will continue to go down along with its value. I can't see why people don't want out of the pension. I would take a reasonable buy out in a heart beat.
When there isn't horse trading and concessions are given in every section, (DAL, SWA contract), cost and value usually equate to be about the same.
Some rumors have circulated that ALPA didn't even factor in the loss of the A plan for new hires in TA1.0 because it was "too difficult" to accurately determine.
If this is really so confusing to you, you should probably stop interjecting here until you can figure out a way to understand the difference. Judging by your past posts, you really struggle with finance.
02-22-2024 | 08:34 PM
#223
Thread Starter
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Joined: Jan 2017
Posts: 325
Likes: 17
So you want this, and don't care what the cost is? The NC and MEC have said what the cost of the failed TA was.
There are many on here who are demanding industry standard. Please tell us who negotiated improvements for pilots who were already retired during this latest round of contract negotiations.
ALPA has already valued our contract as a $3.8 billion increase over the 2015 contract and valued it as the highest dollar value per pilot of any ALPA contract. So how do you convince the NMB that we are being reasonable in our asks? Everything we are trying to achieve has a dollar value increase, and there is a limit to what is reasonable.
There are many on here who are demanding industry standard. Please tell us who negotiated improvements for pilots who were already retired during this latest round of contract negotiations.
ALPA has already valued our contract as a $3.8 billion increase over the 2015 contract and valued it as the highest dollar value per pilot of any ALPA contract. So how do you convince the NMB that we are being reasonable in our asks? Everything we are trying to achieve has a dollar value increase, and there is a limit to what is reasonable.
Reasonable: first increase to the pension since 1999, then all pilots retired since amenable date are included. This increase will be the only increase this plan will have.
I will make it simpler if this is not reasonable enough for you then count it as we hold very different definitions of reasonableness. Email your reps and let them know where you stand.
02-23-2024 | 01:39 AM
#224
Line Holder
Joined: Sep 2006
Posts: 600
Likes: 0
Definition for…
Reasonable: first increase to the pension since 1999, then all pilots retired since amenable date are included. This increase will be the only increase this plan will have.
I will make it simpler if this is not reasonable enough for you then count it as we hold very different definitions of reasonableness. Email your reps and let them know where you stand.
Reasonable: first increase to the pension since 1999, then all pilots retired since amenable date are included. This increase will be the only increase this plan will have.
I will make it simpler if this is not reasonable enough for you then count it as we hold very different definitions of reasonableness. Email your reps and let them know where you stand.
02-23-2024 | 09:04 PM
#225
Thread Starter
Line Holder
Joined: Jan 2017
Posts: 325
Likes: 17
02-24-2024 | 04:26 AM
#226
Line Holder
Joined: Aug 2023
Posts: 703
Likes: 56
Okay, her eare some corrections:
"The NC and MEC have said what the cost of the failed TA was."
Not true, they only said it was the value not the cost. Nor would they say the value to the company in productivity gained and the additional job which would be put at risk due to those productivity gains.
"The NC and MEC have said what the cost of the failed TA was."
Not true, they only said it was the value not the cost. Nor would they say the value to the company in productivity gained and the additional job which would be put at risk due to those productivity gains.
Cost, Value, getting picky with the words, aren't you? Did you make the same "correction" to the block 2 and 5 rep after they put out a message taling about the costing that ALPA had done? So, are you more worried about the cost to the company or the value to the pilots? I am more concerned about the value to us.
Since this discussion is about improving retirement for pilots who already retired, please tell us how we improved retirement for pilots who had already retired in 2006?
"ALPA has already valued our contract as a $3.8 billion increase over the 2015 contract and valued it as the highest dollar value per pilot of any ALPA contract. So how do you convince the NMB that we are being reasonable in our asks? Everything we are trying to achieve has a dollar value increase, and there is a limit to what is reasonable".
ALPA refused to show its work. Further with interest rates so high, the cost to the company to buy the $130K retirement annuity has gone down. Yet another winfall for the company. Where is the education on that from good old ALPA? ALso, How many Billions of dollar are set aside for stock buy back? How does that help us? They have the money and they have been getting way more out of us pert credit hour earned. It is time we focus on our future collectively.
ALPA refused to show its work. Further with interest rates so high, the cost to the company to buy the $130K retirement annuity has gone down. Yet another winfall for the company. Where is the education on that from good old ALPA? ALso, How many Billions of dollar are set aside for stock buy back? How does that help us? They have the money and they have been getting way more out of us pert credit hour earned. It is time we focus on our future collectively.
02-24-2024 | 04:33 AM
#227
Line Holder
Joined: Aug 2023
Posts: 703
Likes: 56
Definition for…
Reasonable: first increase to the pension since 1999, then all pilots retired since amenable date are included. This increase will be the only increase this plan will have.
I will make it simpler if this is not reasonable enough for you then count it as we hold very different definitions of reasonableness. Email your reps and let them know where you stand.
Reasonable: first increase to the pension since 1999, then all pilots retired since amenable date are included. This increase will be the only increase this plan will have.
I will make it simpler if this is not reasonable enough for you then count it as we hold very different definitions of reasonableness. Email your reps and let them know where you stand.
Now I see the issue, you'll believe anything on the internet as long as it matches your perception of reality.
02-24-2024 | 06:35 AM
#228
Line Holder
Joined: Sep 2006
Posts: 600
Likes: 0
I think you’re posting is authored by committee with lawyers and management types. So sorry, my statement was not a compliment.
02-25-2024 | 03:56 AM
#229
Line Holder
Joined: Aug 2023
Posts: 703
Likes: 56
I never said anything about you meeting the standards of a company labor lawyer. I said that you post for the purpose of lowering expectations. Like always you try to inject nuances unrelated to the context of a post in your responses to spread FUD. Like attempting to discredit my statement about you by injecting the implication I’m stupid because of an obvious autocorrection made by my phone.
I think you’re posting is authored by committee with lawyers and management types. So sorry, my statement was not a compliment.
I think you’re posting is authored by committee with lawyers and management types. So sorry, my statement was not a compliment.
02-25-2024 | 05:07 AM
#230
Gets Weekends Off
Joined: Jun 2006
Posts: 2,253
Likes: 0
1. Find out the total ALPA dues paid by FDX pilots, UAL, and Delta
2. Divide by total number of dues-paying pilots per carrier
3. Divide that number by the dues percentage rate/100. That gives you average pilot income for that carrier.
4. Post the results here.
All other numbers are misleading. I'm not doing the work for you, but I'm pretty sure I know the answer.
2. Divide by total number of dues-paying pilots per carrier
3. Divide that number by the dues percentage rate/100. That gives you average pilot income for that carrier.
4. Post the results here.
All other numbers are misleading. I'm not doing the work for you, but I'm pretty sure I know the answer.
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