ALPA seeks dues on 401Ks
Hey here's an idea, start by bringing pay rates down to near "Line Pilot" rates for the national officers. Not one of them has had to share the financial pain the rest of their "union brothers and sisters" have. They failed miserably protecting pensions and now they want to take a grab at 401K? I guess that would be fine when they can negotiate a 50% pay increase.
No F'in way. In light of the recent or impending loss of a large number of pilots from ALPA, including those from US Airways, America West, Skyway, Aloha, ATA, and Champion, ALPA faces a significant shortfall in its operating budget from diminished dues revenues. The ALPA Executive Council and Executive Board, at its recent meeting this week, took action on two items that will help close the gap on this funding shortfall. The first initiative passed by the Council and the Board were the adoption of two resolutions to change both the Constitution and By-Laws and the Administrative Manual to allow 401(k) contributions to be subject to ALPA dues for all ALPA pilots. Current policy exempts 401(k) contributions from dues if a 401(k) plan is the only form of retirement plan available to a pilot group. If a pilot group had access to a Defined Contribution or similar plan, their 401(k) contributions would be subject to dues. With the freezing or elimination of virtually all of these available plans at those carriers, the pilots of those carriers find themselves paying dues on 401(k) contributions while that plan is their sole remaining retirement vehicle. In the interest of fairness and with consideration of the fiscal shortfall, the Council and Board adopted the proposed resolutions to subject all 401(k) contributions to ALPA dues. This change will not take effect until it is approved by a 2/3 majority vote of the Board of Directors. |
That's absolutely disgusting.
How can they keep the same budget and salary without cutting back? How can we get rid of these irresponsible, greedy, irrelevant clowns? They are freeloading on an already strapped group of professional pilots. They certainly aren't representing us. They are no better than airline management. At least airline management is accountable to someone. Apparently ALPA national is not. Enjoy my money, you selfish bastards. |
I remember seeing a news article last year about union president's salaries. The ALPA president is paid over $700,000 per year.
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Here's an old link - not $700K but still way more than any line pilot.
http://www.airlinepilotforums.com/showthread.php?t=5309 |
Wouldn't you know the shortfall in union revenue is that required to fund the ALPA Herndon staff's pension. UFB.
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Does anyone else see the irony in ALPA haters complaining about the lack of salary concessions at the top of an organization...designed to prevent salary concessions???
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Originally Posted by blastoff
(Post 384410)
Does anyone else see the irony in ALPA haters complaining about the lack of salary concessions at the top of an organization...designed to prevent salary concessions???
There's no irony here. Only avarice. ALPA National finds a way to extract more money from those they have failed, all to make sure they continue to retain the same (non-concessionary) pay/benefits for themselves. |
Originally Posted by blastoff
(Post 384410)
Does anyone else see the irony in ALPA haters complaining about the lack of salary concessions at the top of an organization...designed to prevent salary concessions???
First they agree to do away with the DB plans and now this. Unconscionable and devoid of any leadership or principle. |
If that situtation ever comes to fruitation, I would not be surprised at all to see other carriers dump ALPA and form their own.....
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Originally Posted by crewdawg52
(Post 384666)
If that situtation ever comes to fruitation, I would not be surprised at all to see other carriers dump ALPA and form their own.....
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