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Originally Posted by Anderson
(Post 3923466)
Yeah let’s accept a substandard contract that lags every airline in the country, for a minimal pension increase that doesn’t even restore its value as it was in 1999.
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Originally Posted by Moneybags
(Post 3923460)
We’re already taking a 40% relative pay cut by delaying a raise to chase a pension increase few fully understand the cost of and no other legacy airline has or improved. The NMB controls the process and has told us we’re asking for too much. We will have to prioritize what's most important. But we're not getting it all.
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Originally Posted by Moneybags
(Post 3923460)
We’re already taking a 40% relative pay cut by delaying a raise to chase a pension increase few fully understand the cost of and no other legacy airline has or improved. The NMB controls the process and has told us we’re asking for too much. We will have to prioritize what's most important. But we're not getting it all.
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Originally Posted by Idaho
(Post 3923414)
I hear UPS is going for 200K in their flat dollar pension.
I don't see any way we go from $4650/YOS up to $6600+/YOS...that'd be a 42% increase in defined benefit pension before addressing any other "contract pillar" area like increasing the 12% DC, cash-over cap, hourly rates, pay rigs, or scheduling. I'd MUCH rather see an increase both the DB and DC than push that many chips in a single direction. Good luck to us both... |
Originally Posted by Moneybags
(Post 3923460)
The NMB controls the process and has told us we’re asking for too much. We will have to prioritize what's most important. But we're not getting it all.
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Originally Posted by WearyEyed
(Post 3923442)
$200k pension would still be less than 50% of the earnings of a top of scale widebody captain in retirement, but it would be a sufficient safety net when coupled with other investments, such as a 401k plan with cash over cap.
A pension buyout would be good if it makes everyone whole, and whole at a higher dollar value than the 1998 $130k pension. Those close to retirement deserve an improved retirement plan and what difference does it make what form it’s in, as long as it’s better. We shouldn’t give up the pension for nothing in return. FUPM! As upsetting as it is to be “iced”, or rather simply have negotiations canceled because of a biased and corrupt NMB, now is not the time for widespread union leadership changes. I am mad as h3ll at the lack of progress, as is the NMB, but I don’t see how asking for similar pay rates and work rules as our peers at United, Delta, American, and even Southwest, JetBlue, and Spirit is asking too much. I am happy with the path we’ve chosen, but I am unhappy with how bumpy the path has gotten. I know the destination at the end of the path is the right destination and don’t want to turn around and start over on a new path with a new destination. Stay the course! Hold the line! |
Originally Posted by opt0712
(Post 3923494)
gearing up for recalls.
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Originally Posted by FeverDream
(Post 3923484)
To your point...the membership has control of the process. By refusing to succumb to the Stockholm syndrome and insisting on a ratifiable contract, if that means an impasse, then by law there are remedies for an impasse. It is not mandatory to concede.
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Originally Posted by JustInFacts
(Post 3923506)
There is no requirement for the NMB to release a group. That standard has been upheld in the courts. And even if they do release us some day, there is no guarantee that we will ever be allowed to exercise self help.
And if the NMB or the company want to call our bluff and release us...make my day. |
Originally Posted by JustInFacts
(Post 3923506)
In the end, congress can impose a contract settling any sections that hadn’t been previously agreed too.
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