I've been here 10 years, have about 12 hours left in sick account for the year, and about 50 in DSA.

To each his own, but one thing about falling ill is you get to enjoy more time with your family...

VOTE THIS CONTRACT EXTENSION DOWN!

 

I retract my previous comments about DSA. I am wrong on it being worse than what we have. I wont bother to explain why, so as to not look like an idiot. And, I do have some reading to do!

 

The 25% reduction in retirement over this 9 year contract just makes me sick. Adding 2% to the B fund will not overcome that massive of a reduction to the A fund buying power.

If I did my calculations correctly, we would need a $15000 company 401K match every year AND a 16% average return on investments to allow us a person to retire in 10 years and makeup the amount lost between now and then in their A fund buying power value.

Congrats, you just got a 10-3-3-3-4-3 cost of living increase. By the way, you need to save an additional 400,000 over the next 10 years above and beyond what you are saving, just to keep your retirement the same as it is now. Not sure where I'm going to find that extra 40K per year to save.

Wait that's 60K pretax earnings that I need. Did we get a 60k per year raise?

 

We could rob a liquor store.

 

Oooohh...you did it now. You said you might vote yes!

 

This part of the health benefits seems like a can of worms favoring the company:

"If excise tax is unavoidable after mitigation is exhausted, plan costs will be reduced to remain below tax thresholds. Method to determine value of reduction is defined. Lost value to be returned to the pilots (in a tax efficient manner if possible)."

"Monthly contributions payable may not increase more than 10% per year."
If the contributions increase 10% per year, how much is that over the life of the contract?

 

That's a 77% increase over 6 years

No worries though, inflation is running less than 2%

 

Come on guys do you really think common sense, math and logic could possibly be smarter than the union and the company. They know what is best for us. Forget the record profits, optimization of schedules which has working more legs, more days, with less time off, small deviation banks, all the while the value of our pay barely keeps up with inflation and the value of retirement will be worth half of what is was when I got here by the end of this contract (that is if inflation doesn't go through the roof). I say we just simply bend over and eat our scraps from the trough and pay our 2% and take it like men. That's what we always do, why would anyone expect anything else from us. I'll give us credit for one thing, we are consistent.

 

There is no way of knowing, because we don't even know yet what the cost will be in 2017.

Current CBA -- the January, 2008, monthly cost for Buy-Up Plan for Pilot and Family was $190. The Company could raise the cost of monthly premiums in 2009 and 2010 by 10%, but no more than 15% in the two years combined. Thereafter (the current condition), The Company can raise the monthly premiums no more than 6% every year.

This new scheme starts with the pilot paying a percentage of the cost of health care - 18% in Jan 1, 2017, 19% in 2018, and 20% in 2020, and then limits the year over year increases to 10%.


Repeat:

NOW: 6% limit

NEW: Huge leap followed by 10% limit.


HUGE, huge concession.


And that's only the beginning.






.

 

Apparently I work with a bunch of guys named Hilton and Kardashian. What an arrogant group of entitled little rich b!tche$. We DESERVE. HA! Most of you couldn't hack working a 50 hour week doing anything remotely physical. You don't DESERVE $h!t. You get what you can bargain for...nothing more, nothing less. It also appears that most are clueless when it comes to making any kind of real life comparisons or understanding inflation. Do you forget on top of the pathetic contractual increase every year, you also get a longevity increase. 3% plus our step increase (until you hit 15 years) is a lot more than a COLA. Let me demonstrate:
June 2011, 6 year wide body FO pay was 152.89
June 2012, 7 year wide body FO pay was 160.63
Because of inflation, that FO needs 162.20 today to replace his 152.89 from 4 years ago. Under the TA, he'll be making 188.96.
If you really consider a $26,000 raise a POS you are truly a pampered little lord or lady.