53? Want a Retirement Bonus - Nope
#13
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,368
So, those guys who were 54 in 2006 and who are hanging out until 65 will still get it.
If you weren't 54 in 2006, "NO SOUP FOR YOU"!!
So much for "our" union treated all age groups fairly.
The young got screwed by age 65, and we will get screwed again if this turd passes.
#14
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
There are 2 types of veba that apply to us. It is just an IRS term that essentially means money put aside for a particular use. The 25K is dead and gone (I think). The other veba is the 50 cents per hour used to offset post Medicare retiree healthcare. The 25K only a few chosen few got, the post Medicare we all can get.
#15
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,368
If you were 54 at the signing date of the last contract, you get the $25K.
At the time, the NC said they cut it off because they ran out of money, and they would address the shortfall in the next contract.
In short, we were lied to, by "our" union.
I'll be looking for a different lanyard to wear to work next time.
Has anyone made up a "send it back" lanyard yet?
If so, I'll be glad to buy one.
At the time, the NC said they cut it off because they ran out of money, and they would address the shortfall in the next contract.
In short, we were lied to, by "our" union.
I'll be looking for a different lanyard to wear to work next time.
Has anyone made up a "send it back" lanyard yet?
If so, I'll be glad to buy one.
#16
I also see this is a "penalty" for retiring early. The way I read it, to get the bonus, you must give them notification to retire no earlier than 31 Dec in the year you turn 60. Turn 60 in January but want the bonus? You have to work another year?
#18
Fixed it for ya
There are 2 types of veba that apply to us. It is just an IRS term that essentially means money put aside for a particular use. The 25K is dead and gone (I think). The other veba is the 50 cents per hour used to offset the ALPA post Medicare retiree healthcare. The 25K only a few chosen few got, the post Medicare we all can get.
I hope I'm wrong on this, but that is how it reads to me. (It is in CBA, not the TA)
#19
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
Not just any healthcare. I think the VEBA money is only for the FDX Alpa healthcare insurance. If you have other programs, you can not use the VEBA you paid into during your career.
I hope I'm wrong on this, but that is how it reads to me. (It is in CBA, not the TA)
I hope I'm wrong on this, but that is how it reads to me. (It is in CBA, not the TA)
There are enough actual things wrong with this TA. We don't need to be making things up.
#20
"The Age Discrimination in Employment Act (ADEA) makes it unlawful for you to “discriminate against any individual with respect to his compensation, terms, conditions, or privileges of employment, because of such individual’s age.” It’s important to note, however, that only workers who are at least 40 years old are allowed to file a claim under the ADEA."
Any legal experts? If this passes could it potentially be a lawsuit for reverse age discrimination?
Last edited by 155mm; 09-01-2015 at 07:08 AM.
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