So if you are 53 at date of signing and want to retire at age 60, in seven years. You decide you can live with this contract because we all know a 6 year contract is at least 8 years, so you vote yes to the TA.
Well, you use your sick leave, because you don't fly sick, so there is no way you will have the max sick bank to be paid out to you at $0.50 on the dollar. Remember it is the lesser of the three options not the greater. There goes the first part of your bonus.
Guess what? You also do not get the $40,000 bonus since you were 53 at date of signing. Sorry Charlie, you needed to be 54.
Guess you can hang out another year surely they will put it in the next contract just like the $25,000 healthcare spending account. Oh wait, that's right, that has gone missing from the last two contracts.
I guess no bonus for you.
Guess you just had to live with the two 1% additions to your B plan. Oh wait, that wasn't really 2% of your pay either. It was 2% of the max IRS compensation limit.
Someone tell me my reading comprehension is poor and I'm wrong.
Reference: Retirement, Section 28, page 533 of the TA with redline