First of all, the company is exiting 4a2b because they KNOW they'll lose the grievance. I think they bought some time with the arbitrator to make it look like an economic decision to exit 4a2b rather than admitting they were stealing from us all along.

Now the penalty phase begins. M/U bank won't cut it for me, my mortgage company won't accept that as payment.

On to other things:

1. Heard that a Euro-757 base is imminent (cologne?)
2. Heard that WE ARE GOING TO WIN the 777 pay arbitration (roughly 10% payrate adj across the 777 board)

Think about it, if we win the 777 bid, shouldn't there be a "seniority realignment" bid, and excess so that EVERYBODY can have a shot at what is effectively a new airframe on the property? Up until the new payrate (if we win) the 777 was just another widebody, right?

Followed shortly by an FCIF in which the company magnanimously acknowledges that they need to do more for all of our sacrifice and they thereby offer us UNLIMITED make-up bank.

Early next year, FedEx reports stratospheric profits as they were able to fly all of peak without paying a single cent of draft.

The A-380 bump was only 7%.....

The only way I'd support M/U is a new bank category. A 4a2b bank that holds the exact amount each individual was below BLG for the duration of 4a2b. When flown, this bank should pay draft pay. This also prevents a windfall to those who didn't "give". Last I checked, the generally accepted premise was that 4a2b was intended for all of us to give equally to prevent furloughs.

They took the money from my check as a compulsory loan while they waited to see what the economy would do. Last time I checked, lenders charge interest.

PIPE

A "seniority realignment bid" is the only fair thing to do so that all the OVER 60 guys can get their rightful seats in their new 777's. After all ... to quote our former MEC president,

"It's the right thing to do."

Congrats on FDX coming to their senses finally and getting back to normal. So by my count 6 to 8 months from now UPS will pull their head out outa their a** and recall the furloughees

C'mon people, we should be PAID what we were shorted from 65/85 during the past "4a2b months".

Unacceptable.

This is the ONLY acceptable answer. Anything else and we will have been taken advantage of?

On a different but related subject .... "if" we managed to get a 4.a.2.b check, it would be nice to be able to deposit it directly into a tax deferred retirement account. Growing tax deferred for many years might make up for some of our lost interest? It would be a "no cost" item to the company, they could put a "check this box" option in VIPS if that was your desire? I've had similar options at other (much lower tech) companies.

Since the junior guys got to fund the old guys health benefit account during the last contract, maybe the old guys would be willing to donate their 4.a.2.b checks to fund ours? I'm sure they would be glad to return the favor after they get their 777 seats in the seniority realignment bid? After all, "It's the right thing to do."

Discuss ... Mark

Rest assured that whatever the decision, the old guys will benefit disproportionately.

Even if the decision is that nothing happens - they already fared better than the rest of us.

PIPE