Where's the money in this TA?
09-15-2015, 07:39 AM
#1
Line Holder
Thread Starter
Joined APC: Jul 2013
Posts: 32
Where's the money in this TA?
After reading this TA, I've come to the conclusion that the vast majority of the money being spent on this contract is for:
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires), and
2)Pilots over the age of 54(an incentive of around $100,000 per pilot for those who are willing to do MUS and work until they're 65 in order to maximize SLB).
Nothing could do more to fracture the crew force than to focus benefits only on the young and the old and cut out everyone in the middle. My hope is that if this TA is voted down the next NC will focus on hourly pay rate increases. Everyone will benefit much more equally.
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires), and
2)Pilots over the age of 54(an incentive of around $100,000 per pilot for those who are willing to do MUS and work until they're 65 in order to maximize SLB).
Nothing could do more to fracture the crew force than to focus benefits only on the young and the old and cut out everyone in the middle. My hope is that if this TA is voted down the next NC will focus on hourly pay rate increases. Everyone will benefit much more equally.
09-15-2015, 08:19 AM
#2
Gets Weekends Off
Joined APC: Dec 2006
Posts: 2,052
Originally Posted by vc931
After reading this TA, I've come to the conclusion that the vast majority of the money being spent on this contract is for:
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires)...
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires)...
Read Block 1 rep's letter. He has some good facts in there.
Please, don't fall into the "let's negotiate our DB plan away for higher pay rate" crowd.
The company can afford to improve the A-plan AND higher pay rates. It is not one or the other. Take a look at management's pensions and salaries. They have not had to sacrifice a single thing, to improve something else in their work environment.
Why are we so willing to sell ourselves short during 15+ years of tremendous financial success at this corporation???
09-15-2015, 01:58 PM
#4
done, gone skiing
Joined APC: May 2005
Position: Rocking chair
Posts: 1,601
The "dazzle" in the TA is the 10% front end raise. Nice but the loss of any future A plan cap increase washes this and any other minor increases this contract will codify.
I agree with the OP's comments that the middle of the seniority list is the biggest loser in this deal. Without a meaningful increase to the non defined benefit retirement, the B portion of our retirement takes on a significances that was never intended.
I agree with the OP's comments that the middle of the seniority list is the biggest loser in this deal. Without a meaningful increase to the non defined benefit retirement, the B portion of our retirement takes on a significances that was never intended.
09-15-2015, 06:35 PM
#7
Line Holder
Joined APC: Mar 2015
Posts: 47
Originally Posted by vc931
After reading this TA, I've come to the conclusion that the vast majority of the money being spent on this contract is for:
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires), and
2)Pilots over the age of 54(an incentive of around $100,000 per pilot for those who are willing to do MUS and work until they're 65 in order to maximize SLB).
Nothing could do more to fracture the crew force than to focus benefits only on the young and the old and cut out everyone in the middle. My hope is that if this TA is voted down the next NC will focus on hourly pay rate increases. Everyone will benefit much more equally.
1) Pilots not yet hired ( Hundreds of Thousands of dollars per pilot for keeping the A-plan for new hires), and
2)Pilots over the age of 54(an incentive of around $100,000 per pilot for those who are willing to do MUS and work until they're 65 in order to maximize SLB).
Nothing could do more to fracture the crew force than to focus benefits only on the young and the old and cut out everyone in the middle. My hope is that if this TA is voted down the next NC will focus on hourly pay rate increases. Everyone will benefit much more equally.
We left a lot of money on the table.
Thread
Thread Starter
Forum
Replies
Last Post
