Where's the money in this TA?
09-15-2015 | 07:39 AM
#1
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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: Dec 2006
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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: May 2005
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From: Rocking chair
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
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Joined: Mar 2015
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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.
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