Search

Notices
Regional Regional Airlines

401k

Thread Tools
 
Search this Thread
 
Old 08-14-2008 | 03:55 PM
  #11  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

Originally Posted by jmoney
Thank goodness......

That money is for our retirement....
It wouldn't have come out of your 401k.

Originally Posted by rickair7777
Must be the 55% that don't use their 401k
Not entirely true. There were some who voted for this which would have affected their dues.

Originally Posted by stobelma
Does it really matter. Thats great that they voted it down but guess what, ALPA needs money, so dues are now most likely going to go up. I agree that on the fact that there needs to be some paycuts. Our highest representative should make no more than the highest paid member. I have heard different things for the compensation packages for these guys and I have nothing that I would ever consider turning down. The industry takes cuts and so should ALPA.
I believe that the next step now will be to ask for a higher dues percentage. As for paycuts, the president is the only one who actually gets paid by ALPA. I don't necessarily disagree with giving that position a paycut. Maybe if you feel strongly about it you could propose a resolution. If you are talking about staff, they are under a collective bargaining agreement. ALPA will need to wait until their contract amendable date comes around for those paycuts.

Originally Posted by IADBLRJ41
Wasn't it based upon if the carrier already had some form of pension other than 401K? Like UAL has a C Plan, and a 401K. Wasn't their 401K was already taxed??

I can see why some carriers voted for the measure when it would not directly impact their own paycheck.
I might be wrong too but that was my understanding.
Ironic you should mention UAL. They voted 4485-2052 against it. Their dues actually subsidize MECs' such as XJ (who all voted for this even though it would have meant more dues from their pilots). If all of them would have voted for this, it would have passed!
Reply
Old 08-14-2008 | 04:14 PM
  #12  
Gets Weekends Off
 
Joined: Jul 2008
Posts: 105
Likes: 0
From: FO
Default

Originally Posted by Nevets
ALPA will need to wait until their contract amendable date comes around for those paycuts.


Maybe they should use the airline mentality.....just file for bankruptcy and impose paycuts. Luckly, we take the high road.

WISKEY72 -- I did not imply I agree with raising dues or taking dues before 401K contributions........It was meant to say that more money is one of the reasons they wanted to make this change.

Our MEC told us this would raise and additional 7 million dollars a year. Thats a large amount of paycuts for not only Prater but a lot of the ALPA employees.
Reply
Old 08-14-2008 | 04:17 PM
  #13  
whiskey72's Avatar
Thread Starter
Line Holder
 
Joined: Jun 2008
Posts: 99
Likes: 0
From: Bluebus
Default

Originally Posted by stobelma
Maybe they should use the airline mentality.....just file for bankruptcy and impose paycuts. Luckly, we take the high road.

WISKEY72 -- I did not imply I agree with raising dues or taking dues before 401K contributions........It was meant to say that more money is one of the reasons they wanted to make this change.

Our MEC told us this would raise and additional 7 million dollars a year. Thats a large amount of paycuts for not only Prater but a lot of the ALPA employees.
No worries, it's all good. I knew you didn't mean it that way.
Reply
Old 08-14-2008 | 04:18 PM
  #14  
whiskey72's Avatar
Thread Starter
Line Holder
 
Joined: Jun 2008
Posts: 99
Likes: 0
From: Bluebus
Default

Originally Posted by Nevets
It wouldn't have come out of your 401k.


you're right there, but it would have affected my 401K. It would have lessened the amount that would AND should have gone to my 401K.
Reply
Old 08-14-2008 | 04:21 PM
  #15  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

Originally Posted by stobelma
Our MEC told us this would raise and additional 7 million dollars a year. Thats a large amount of paycuts for not only Prater but a lot of the ALPA employees.
It would have created $1.4M a year in additional dues income. If they would have attempted to exempt ALL 401k contributions from duesability (the other fair way to do it), it would have been $6M a year less in dues income.
Reply
Old 08-14-2008 | 04:28 PM
  #16  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

Originally Posted by whiskey72
you're right there, but it would have affected my 401K. It would have lessened the amount that would AND should have gone to my 401K.
It would have calculated your dues before your 401k contributions were deducted from your gross pay. If you contributed 10% this would not have changed that 10%. Your dues would have gone up while your 401k contributions remained the same as it was before (unless YOU changed it).

Its all water under the bridge now anyways.

Last edited by Nevets; 08-14-2008 at 04:33 PM.
Reply
Old 08-14-2008 | 06:28 PM
  #17  
Gets Weekends Off
20 Years
Gets Weekends Off
 
Joined: Dec 2005
Posts: 4,047
Likes: 20
From: 7ER B...whatever that means.
Default

I guess ALPA is feeling the pain of the gutted pilot contracts of the last 8 years. I've got an idea: instead of increasing dues %, we improve the contracts. That way I get more money AND ALPA gets more money. Then everybody wins.
Reply
Old 08-14-2008 | 07:18 PM
  #18  
fjetter's Avatar
Gets Weekends Off
 
Joined: Apr 2008
Posts: 810
Likes: 0
From: King Air 200 CA Hawker 800/900 FO
Default

Another possible problem is fuloughs. If pilots are out on furlough they aren't getting paid and ALPA can't take a percentage of $0. I might be wrong but just an idea.
Reply
Old 08-14-2008 | 07:49 PM
  #19  
On Reserve
 
Joined: Aug 2008
Posts: 16
Likes: 0
Default

Don't forget usair switching teams
Reply
Old 08-15-2008 | 08:31 AM
  #20  
Gets Weekends Off
 
Joined: Sep 2007
Posts: 141
Likes: 0
From: CR7 FO
Default

Just out of curiosity but did any of your LEC reps actually ask or poll you as to which way you wanted them to use YOUR vote. Our rep emailed us, explained everything then asked if anyone wanted him to cast some of his votes "in favor" because he was planning on voting opposed. It looks from the results like only a couple of reps (Clarence R Fox, PSA; Gregory McKinney, NWA; and Thomas Thompson, UAL) split their votes which implies to me that they actually took the time to ask their constituents what they thought.

Kudos to them and the others who attempted to vote the way the pilots wanted them to. It seems to me that something this important and potentially divisive should have been put to a full vote.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
par8head
Major
1
08-04-2008 06:46 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices