Real Dollar Benefit and why I am NO vote
 

Just a simple monetary analysis of the benefit of this TA in real dollars for the first year puts this into some perspective:

Running the numbers, I find the following:

10% Pay raise $17200
1% B-Fund Bump 1700
Bonus 24000
Savings in Travel Bank 3000
10 cent increase per diem 220

Net Benefit first year $46120

Less costs:

Taxes $14420
ALPA Dues paid last 4yrs 13072
Inflation 922

Total costs $28414

Net value of TA First Yr $17706

So essentially, not taking into account the increase in healthcare costs, the net value to me is $17706 for the first year. Quite an underwhelming value after four years of negotiating. And this doesn't address the many give backs or open ended clauses in the TA.

I'm a NO vote!

And I asked this and I haven't heard much comment. Anyone look at the Union's what this contract is worth on the Union website?
I was just looking at the Alpa document on the Union website that describes what the TA is worth. I was looking at the retirement section. There is a part that says, "Total additional cash out the door"? Is the Union trying to say that the pay raises from DOS until 2021 for a WBCA that total $305.151 are part of a "retirement benefit? I thought the pay raises were to offset the cost of inflation. Is the Union really trying to sell the pay raises as a retirement increase

Did some more number crunching and an NVP analysis.

Assumptions: 7% annual rate of return, 3% rate of inflation, 6 yrs.

Bonus is worth $18979 over six years
B-fund increase worth $14634 over six years
Pay increase (WB FO) worth $32150 after taxes over six years

Adding it all together, with interest, deducting taxes, rate of inflation, and ALPA dues for last four years, contract is worth $55282 over six years for an avg of $9213/yr., not including increased medical costs, and any give backs on class of service, or other reinterpreted clauses. YMMV!

This is copied and pasted from Jetflyers Facebook page, from captain CT who has provided some in-depth, factual, unemotional analysis, section by section:

"Section 27 Insurance.
So I'm a buy-up plan kind of guy. I'm paying $208.10 a month now for that plan. Cost the same in '16. Goes up to $252 in '17, $277 in 18, and $304 in '19 (adios in '19).
I can live with those numbers.
Then I look at page 489 and see that my max out of pocket for the family went from $3450 to $9750.
Now let me spin that the way the 28% B-Fund was spun:
THAT IS A 182% INCREASE!
Takes a bite out of that not quite 3% a year pay increase.
Not saying that my share of the health costs should't go up. Just saying I need to consider the whole TA not just the flashy new pay rates".

What ever you think about the per pilot cost increases for medical insurance you will have to pay just remember the company's increase will likely be 4 times as much per pilot. This vote will impact your quality of life, unfortunately not nearly as much as the vote for Obamacare you made in 2008.

But In-Network the insurance coverage is still 100%

Still could see it being an issue if you've got some expensive prescriptions and one heck of a lot of Drs visits for health issues

See, I'm not sure if that is correct. Maybe I can find the answer on the Q&A website. It's pretty confusing, because on page 488, it says a zero deductible, but that seems to refer only to pharmacy, mental health and substance abuse. Page 489 shows a max out of pocket in network for the rest of the expenses being $3,250 individual/$9,750 family. If you have a lot of expenses, or lab tests, that could be really expensive. My family tends to spend a great deal of money on lab tests, so this could be a very bad deal for us. No big deal for those who don't use medical benefits, but you certainly might not know when you'll need them.

"So I'm a buy-up plan kind of guy. I'm paying $208.10 a month now for that plan. Cost the same in '16. Goes up to $252 in '17, $277 in 18, and $304 in '19 (adios in '19).
I can live with those numbers.
Then I look at page 489 and see that my max out of pocket for the family went from $3450 to $9750.
Now let me spin that the way the 28% B-Fund was spun:
THAT IS A 182% INCREASE!"

Okay, I reread the Q and A section, and I think I understand the confusion now. For the TA, the buy up deductible is still $0. However, the max out of pocket has a number on it. There isn't a max out of pocket number right now. I think I (and perhaps the person who wrote this) was confusing deductible with max out of pocket. The max out of pocket being now limited, is a positive change, unlike what I had thought, if I understand this correctly.

You really think many of us voted for him?

Don't get me started on ALPA PAC. I believe it was 85 to 15 in 2008.