Originally Posted by Rock

I think I found Anthrax on youtube

Just saying.....

Originally Posted by kwri10s

Pay now is great. I'd like to be greater than inflation so at least I am "improving" although really I might not be. But a frozen retirement means a huge reduction in buying power as a retired pilot.

You want a stark reality check. If I use a $130k value from 1998 projected forward using real CPI thru 2015 and 2.5% forward CPI. That means that if we have no increase in the retirement cap number for this contract and if you retire at the end of the six years in 2022. If you are still alive in 2040 or at age 78 (if retire at 60) your buying power will have shrunk by 64%. Something that cost 130k in 1998 will now cost 358k. That is what inflation is going to do to our retirement.

If we calculate backwards from 2022. The 130k retirement we get was only worth 74k in 1998 dollars. We will be receiving 43% less in retirement then we did in 1998. By 2040 your retirement will be worth 63% less than it did in 1998.

CPI Calculator to Calculate Future or Historical Inflation

Have fun with that link if you want to be sick to your stomach when you think about your future under a frozen retirement cap number.

Where is our retirement COLA? That's something I'd like to see in the language.

Originally Posted by FoxHunter

You are absolutely correct in your assessment. The $260,000 Cap on pension earnings was in 20/20 hindsight the poison pill to kill the A plan. Yes, with a union they could not change the terms of the pension. With the $260,000 cap the A plan will just wither on the vine. The younger a pilot is the greater the negative impact.

Originally Posted by Anthrax

Holy Bat $hit, Wise Man, how about first changing your username! POW! You obviously haven't been out there deep in the shizzle, red-eyed and half doped on coffee. ZAP! Two legs in, and two legs out. Na-na-na-na-na-na-na-na, BAT $hit! Give me pillow or give me death! And now, Gotham City (that would FDX) finds themselves undermanned and under assault. Who will come to their rescue? Wise Man, gaunt and sickly, deft at shredding papers and not so much at shredding @$$? Or will it be the Caped Crusaders (and that would be the pilots, or at least how we see ourselves)? There are dangers! ZING! Perilous turns at every corner. ZOW! ILSs to mins in the goo! ZOIKS! (OK, the zoik is the wrong cartoon, but work with me, people.) Treacherous maids opening doors. BOING! The villainous FAA, and the evil major. MUH-Ha-Ha! Tune in next week, boys and girls, same bat channel, same bat time, to discover if the Caped Crusaders crest the walls of Gotham City. Clear the streets of boxes and letters and lithium batteries? BOOM! Will they stand together upon those walls overlooking the nightscape, demanding just compensation for the dirty deeds of which they are about to endure? Or will they unite with Wise Man and his band of hairy men, lending their strength and good will until the very moxie in the marrow of their bones is spent, and all that is left in the golden years, that final ILS to the lowest of mins, is one final pillow in a wooden box, and a whisper of what could have been.

Originally Posted by champ42272

If the $125M signing bonus rumor is true, how do you think FDX ALPA will determine the distribution?

Originally Posted by champ42272

If the $125M signing bonus rumor is true, how do you think FDX ALPA will determine the distribution?

Originally Posted by Nightflyer

Wide body Captains get the most.

First Officers get less.

757 Captains get nothing.

Originally Posted by The Walrus

Impressive. J. Holmes would truly be impressed.