ALPA Video - Retirement Path

Subscribe
1  2  3  4  5 
Page 2 of 5
Go to
Quote: Just like we said no to the TA?

Roger that. If the Company is interested, I am skeptical.
Reply
Quote: Roger that. If the Company is interested, I am skeptical.
If they mention the PBGC, tell them you gave at the office.
Reply
Quote: Roger that. If the Company is interested, I am skeptical.
Nothing wrong with being skeptical. However, if it is not going to be a positive for us, why would anyone at all, much less a majority.....vote yes? You think they can somehow intimidate or scare us into voting for something worse, when the company is making an awesome profit? Don't think a single person could be suckered in that direction. There is zero incentive for us to agree on something that isn't significantly better than what we have. Absolutely none. Proposing something worse than what we have would just **** us off, and the negotiating committee should know better than to even bother presenting it to us.
Reply
Quote: Nothing wrong with being skeptical. However, if it is not going to be a positive for us, why would anyone at all, much less a majority.....vote yes? You think they can somehow intimidate or scare us into voting for something worse, when the company is making an awesome profit? Don't think a single person could be suckered in that direction. There is zero incentive for us to agree on something that isn't significantly better than what we have. Absolutely none. Proposing something worse than what we have would just **** us off, and the negotiating committee should know better than to even bother presenting it to us.
1) We are not in contract negotiations. There is no reason for the company to give us anything, unless it is to their benefit.

2) The company won't agree to anything that isn't a win for them and a loss for us. If it saves the company money at our expense, it's not a win-win. If it costs the company money, they will simply tell us, "that's nice, see you in a few years".

3) We have voted for bad deals before. I am pretty sure the last time we voted no was 1998. Since then, the pilot group has proved over and over that group think makes us stupid.

4) It seems to me, we are doing the due diligence that should have been done before or during the last negotiations. Too bad that "train has left the station".

5) Put me down as being very skeptical.
Reply
This company will NOT just hand us $$$,

also very skeptical...
Reply
Quote: 1) We are not in contract negotiations. There is no reason for the company to give us anything, unless it is to their benefit.

2) The company won't agree to anything that isn't a win for them and a loss for us. If it saves the company money at our expense, it's not a win-win. If it costs the company money, they will simply tell us, "that's nice, see you in a few years".

3) We have voted for bad deals before. I am pretty sure the last time we voted no was 1998. Since then, the pilot group has proved over and over that group think makes us stupid.

4) It seems to me, we are doing the due diligence that should have been done before or during the last negotiations. Too bad that "train has left the station".

5) Put me down as being very skeptical.
....+1 on what he just said

I'm concerned some subgroup is going to be sold out/disadvantaged here

It's happened many times, when some additional benefit we negotiate only ends up applying to pilots of a certain age, or specific cohort

Many pilots, not of the proper age or cohort don't pay attention, and vote for it anyway.
Then they are surprised and confused on why it doesn't apply to them.

Retirement is a strategic pay issue --- people need to think long term.
Reply
The company will hand us money,
all we have to do is screw over pilots yet to be hired.
Reply
Quote: The company will hand us money,
all we have to do is screw over pilots yet to be hired.
We did that when we didn't raise the cap in 2006, 2011, or 2015. But at least some of the guys got a little something extra in 2006.
Reply
Quote: 1) We are not in contract negotiations. There is no reason for the company to give us anything, unless it is to their benefit.

2) The company won't agree to anything that isn't a win for them and a loss for us. If it saves the company money at our expense, it's not a win-win. If it costs the company money, they will simply tell us, "that's nice, see you in a few years".

3) We have voted for bad deals before. I am pretty sure the last time we voted no was 1998. Since then, the pilot group has proved over and over that group think makes us stupid.

4) It seems to me, we are doing the due diligence that should have been done before or during the last negotiations. Too bad that "train has left the station".

5) Put me down as being very skeptical.

Rinse. Repeat.
Reply
Count me in as being naively hopeful. Any change in retirement is easy to quantify. It should not be complicated. I can see a situation where a highly increased B fund would be beneficial for both the company and the pilots. A stagnant 130K will not be very meaningful decades from now. I've flown with guys who say they will have 25+ more years with the company, and they'd really like a much higher B plan.
Reply
1  2  3  4  5 
Page 2 of 5
Go to