Originally Posted by Maddog64 (Post 3751434)

I think we can have Pay, QOL and a B fund bump with cash over cap for the cost of the A plan increase. Thats my choice.

Originally Posted by Rum Runner (Post 3751478)

I think most of the crew force would be for that. Unfortunately, only 600 of us are going to get a shot to voice our opinions on the matter. Why not an online survey just like Scope, so everyone gets a chance.

Originally Posted by Rum Runner (Post 3751478)

I think most of the crew force would be for that. Unfortunately, only 600 of us are going to get a shot to voice our opinions on the matter. Why not an online survey just like Scope, so everyone gets a chance.

Originally Posted by Maddog64 (Post 3751434)

I believe that is where we are right now. we can have industry leading Pay including retro, better QOL, or pension. Pick 2. I think we can have Pay, QOL and a B fund bump with cash over cap for the cost of the A plan increase. Thats my choice.

Originally Posted by Maddog64 (Post 3751434)

Im a 22 year guy that voted no. Would I have liked a big bump in retirement, you bet, but I was not willing to f--- over the rest of our union to get that. I think there were too many givebacks to QOL issues. I also believe all of that stems from pushing so hard for an A plan bump that is just too expensive. In order to get that bump we had to give up so much to me it wasn't worth it.

I have been planning on a 130 pension since I started. Anybody that has been here long enough to be close to retirement should have been planning the same, if not they are fools playing craps "Betting on the come" is a terible retirement plan. Our Retirement package is more than just the A Plan and it has been improved with every contract. We have gone from a $500 cash match in our 401K to 6% to 9%, that is a huge increase in retirement value.

When people say we are screwing the old guys if we don't get an A plan bump, as an old guy I disagree. What is screwing all of us is an A plan bump that is so large it caused the TA to fail.

In the Air Force we had a saying about new jets, You could have good, fast, or cheap. Pick 2. I believe that is where we are right now. we can have industry leading Pay including retro, better QOL, or pension. Pick 2. I think we can have Pay, QOL and a B fund bump with cash over cap for the cost of the A plan increase. Thats my choice.

Originally Posted by NotOldNotYoung (Post 3751575)

If we were to pursue a Big B with cash over cap and leave the pension as it exists, the following considerations would need to be addressed to be a good improvement.

If we put more eggs in the B fund basket, you need a provision to keep B fund contributions while on LTD. Right now you keep pension years of service accrual but no B fund while on LTD. You never know when you’ll end up on LTD. It’s already a financial hit. Let’s not make it worse.

The other issue is that B fund bumps don’t help guys/gals with a short retirement horizon. Might need some provision for them. Just like you shouldn’t hose the young guys, it’s just as bad to hose the old guys.

Originally Posted by Freight (Post 3751610)

This is exactly why shuffling money around won’t cut it for TA2. They need to add more money if we want a TA that will pass 75% as opposed to 50+1.

Originally Posted by Cocoloco (Post 3751657)

My point exactly. FDX has the $ to fix it ALL. We just need the fortitude to make it happen. No A-plan increase of at least 20% is a No Vote. Been over a decade since one red penny has been added. And DAL/AAL hourly plus. And Scope. Trading and moving $ around ain't going to cut it. FDX needs to go get more Flour and make a larger pie. What they are spending on Stock buybacks in a quarter would cover everything. Period.

Originally Posted by Maddog64 (Post 3751853)

Yes the company has more money. Delta and United had more money too, but there pilots didn't get it. What do you think is going to happen when you go in and demand an additional 2 billion dollars, knowing that we already got Delta + 30%? What are you going to do when the company says no? Hold your breath and stomp your feet. Everyone knows that the Govt will never, NEVER let us strike. What do you think the NMB is going to say when we tell them we want another couple billion?

I think that they would tell us we are barganing in bad faith and need to take 6 months off and think about what we want.

By the way I do not have a military retirement. Got kicked out for not making 04. I have been planning on a pension of $130k since I got hired. It would be nice to increase it but not at the expense of 75% of our crew force. If we ever want to get a TA that will pass we need to be way more equitable to the junior guys.