Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Cargo > FedEx
Negotiating Committee - In or out? >

Negotiating Committee - In or out?

Search

Notices

Negotiating Committee - In or out?

Thread Tools
 
Search this Thread
 
Old 11-14-2023 | 06:25 PM
  #31  
On Reserve
 
Joined: Dec 2021
Posts: 168
Likes: 0
Default

Originally Posted by FDX1
Yeah, totally agree! Why the hell did that snake oil 169K improved pension and a totally sustainable new pension that adjusts for inflation ever get sold to us! Go sell that stink bomb somewhere else...give me my 130K pension now!!!

If snake oil = the best retirement in the industry, then count me in!!
Just cause retirment was good for you, doesn't mean it was good for everybody dopey! Theres a whole slew of people in the middle senirority range that are too old for the new plan and young enough that they'll be screwed by inflation for another 20 years with this last and final change to the legacy A plan. Sorry you didn't get your retirement bump, hopefully you're gone before we get to TA2.0. Don't be such a bitter oooooolllld man !
Reply
Old 11-14-2023 | 06:41 PM
  #32  
Line Holder
 
Joined: Jan 2017
Posts: 325
Likes: 17
Default

Good comms by TC from Council 22.

Go to FDX.Alpa.org

Under News, read:

Council 22 Message from the Block 2 & 5 Reps - 11/14/23

An orderly transition to a refreshed Negotiating Committee is in the best interest of regaining the pilots' trust and rebuilding unity. It’s a required step in moving us forward, together to our shared goals and priorities.”- TC
Reply
Old 11-14-2023 | 07:06 PM
  #33  
Gets Weekends Off
 
Joined: Jun 2006
Posts: 2,253
Likes: 0
Default

Originally Posted by FreightFlyer91
Just cause retirment was good for you, doesn't mean it was good for everybody dopey! Theres a whole slew of people in the middle senirority range that are too old for the new plan and young enough that they'll be screwed by inflation for another 20 years with this last and final change to the legacy A plan. Sorry you didn't get your retirement bump, hopefully you're gone before we get to TA2.0. Don't be such a bitter oooooolllld man !
Those people in the middle had their years compressed in the pay increases to counter this.

Oh and maybe you'll be furloughed before we get to TA2.0. So there.
Reply
Old 11-14-2023 | 07:13 PM
  #34  
On Reserve
 
Joined: Dec 2021
Posts: 168
Likes: 0
Default

Originally Posted by Huck
Those people in the middle had their years compressed in the pay increases to counter this.

Oh and maybe you'll be furloughed before we get to TA2.0. So there.
Their years compressed? lol. Was that only for the people in the middle ? What a great consolation prize. I definitely wont be furloughed, but thanks bub. And luckily for me and those below me, there's never been a better time in aviation histroy to be furloughed. So even if we furlough half the list, we'll all be fine.
Reply
Old 11-14-2023 | 07:34 PM
  #35  
Gets Weekends Off
 
Joined: Apr 2023
Posts: 139
Likes: 0
Default

Originally Posted by FreightFlyer91
Just cause retirment was good for you, doesn't mean it was good for everybody dopey! Theres a whole slew of people in the middle senirority range that are too old for the new plan and young enough that they'll be screwed by inflation for another 20 years with this last and final change to the legacy A plan. Sorry you didn't get your retirement bump, hopefully you're gone before we get to TA2.0. Don't be such a bitter oooooolllld man !
Wouldn't everyone's retirement increase? Those who were about to retire made out best with the pension bump. And young pilots made out well in the MBCBP. So it makes sense the middle seniority might not see as much increase, but it shouldn't have ever been less than the old contract. 169k is always worth more than 130k, even when reduced by the same years of inflation. Plus there was some math with the MBCBP and a cap increase on frozen years of service. I remember flying with someone who would have made a ton of money by switching to the MBCBP and keeping his frozen pension too. I thought he was late 40s or early 50s. I guess it would depend on how long he'd been here.
Reply
Old 11-14-2023 | 07:49 PM
  #36  
Line Holder
 
Joined: Oct 2015
Posts: 845
Likes: 86
Default

Originally Posted by TomAce
Retirement wasn't perfect, but I don't think it's the reason it failed. The graph seems to show that. We fix pay/retro to industry leading, get rid of the QOL concessions, alleviate scope concerns, and I think retirement is fine. Of course, I'll take more money in retirement, but if I had a choice, I'd prefer more in the DC side instead of increasing beyond the 11% in MBCBP.
Sheesh. I guess I don’t know what people want. I was hoping we’d negotiate a sustainable retirement this time. But I’m not going to accept a 15% effective savings rate in exchange for giving up the A-Plan.
Reply
Old 11-14-2023 | 08:26 PM
  #37  
Gets Weekends Off
 
Joined: Apr 2023
Posts: 139
Likes: 0
Default

Originally Posted by NotMrNiceGuy
Sheesh. I guess I don’t know what people want. I was hoping we’d negotiate a sustainable retirement this time. But I’m not going to accept a 15% effective savings rate in exchange for giving up the A-Plan.
My quick math says you'd have to make almost $450k a year to only see a 15% contribution. Which good for you if that's the case.

There's a ton of different opinions on retirement. I'd love a higher % contribution. But I'd like higher pay and less QOL concessions more. I also don't love the pension. I don't trust it after seeing what's happened in our industry and to some family friends. I'd rather have money in my own accounts. I know a lot of people think differently, and I understand their reasons.
Reply
Old 11-15-2023 | 04:54 AM
  #38  
Gets Weekends Off
 
Joined: Dec 2010
Posts: 3,201
Likes: 32
From: 4A2FU
Default

Originally Posted by Huck
Those people in the middle had their years compressed in the pay increases to counter this.

Oh and maybe you'll be furloughed before we get to TA2.0. So there.
lol a 3 year compress does not counter that.

the pay compression to industry standard was PM's response to his scope blunder.

Originally Posted by TomAce
My quick math says you'd have to make almost $450k a year to only see a 15% contribution. Which good for you if that's the case.

There's a ton of different opinions on retirement. I'd love a higher % contribution. But I'd like higher pay and less QOL concessions more. I also don't love the pension. I don't trust it after seeing what's happened in our industry and to some family friends. I'd rather have money in my own accounts. I know a lot of people think differently, and I understand their reasons.
Whenever we finally get a ratifiable TA, that would put most of our WB CAs at $450k/year.... to have them only getting 15% in lieu of a pension when right now they're getting 9% and a pension is not acceptable.
Reply
Old 11-15-2023 | 05:27 AM
  #39  
Gets Weekends Off
 
Joined: Apr 2023
Posts: 139
Likes: 0
Default

Originally Posted by threeighteen
lol a 3 year compress does not counter that.

the pay compression to industry standard was PM's response to his scope blunder.



Whenever we finally get a ratifiable TA, that would put most of our WB CAs at $450k/year.... to have them only getting 15% in lieu of a pension when right now they're getting 9% and a pension is not acceptable.
Wouldn't they still have a pension in any case? They could choose 169k or have a frozen pension plus the MBCBP. The guy I flew with was all about the MBCBP because he was still going to get a lot in his pension too.

I'm not arguing against more retirement. I'll take as much as I can. I just don't want it to come at the cost of getting paid now. Seems like focusing on retirement led us down our current path.
Reply
Old 11-15-2023 | 05:40 AM
  #40  
Line Holder
 
Joined: Oct 2015
Posts: 845
Likes: 86
Default

Originally Posted by TomAce
My quick math says you'd have to make almost $450k a year to only see a 15% contribution. Which good for you if that's the case.
So the leading pay rate next year is $438. If we beat that by 1% and get $442, that’s basically every WB Captain over ten years getting capped. You make it sound like it’s a one off. Are you using 2023 pay rates?
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
awax
United
30
06-25-2022 07:16 PM
rube
Delta
45
12-13-2016 03:55 PM
gzsg
Delta
1
01-27-2016 12:07 PM
cactiboss
American
114
12-11-2015 07:54 PM
AL E NEWMAN
Cargo
29
12-02-2008 09:14 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices