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11-17-2022 | 12:15 PM

#61

Duckdude

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Joined: Aug 2010

Posts: 671

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From: B767 Captain

Quote:

Originally Posted by Otterbox

Unfortunately unspent money doesn’t get passed on when the employee and eligible spouse die. It goes back to the company.

You sure about that? I thought it went back to your fellow pilots. I might be wrong though.

11-17-2022 | 12:35 PM

#62

Otterbox

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Joined: Oct 2015

Posts: 3,195

Likes: 42

From: Gear slinger

Quote:

Originally Posted by Duckdude

You sure about that? I thought it went back to your fellow pilots. I might be wrong though.

Had to look it up again. Actually, it goes back to the trust that controls the money. Technically not the company, but it still remains a use or lose asset that isn’t controlled by the pilot or inherited after pilot and spouse passing, which is a significant drawback.

11-17-2022 | 12:47 PM

#63

Chuck D

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Joined: Apr 2010

Posts: 740

Likes: 19

Quote:

Originally Posted by Otterbox

but but but triple tax advantage…
would be nice to have some options

11-17-2022 | 01:27 PM

#64

Hedley

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Joined: Aug 2020

Posts: 2,657

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What we really need is a tentative plan that has yet to be approved by the IRS. Any TA with that included has to be good.😁

11-17-2022 | 05:09 PM

#65

ThumbsUp

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Joined: Mar 2018

Posts: 3,633

Likes: 209

Is there any way to find out some info on the reps running for office (C5 in particular)? I haven't seen a single campaign message, which seems weird.

11-17-2022 | 05:44 PM

#66

ERAUAV8TR

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Joined: Oct 2018

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Quote:

Originally Posted by ThumbsUp

Is there any way to find out some info on the reps running for office (C5 in particular)? I haven't seen a single campaign message, which seems weird.

sooo you voted for recall with not knowing who is going to replace them? Hmmm smart good luck with that

11-17-2022 | 06:41 PM

#67

jerryleber

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Joined: Jul 2022

Posts: 1,592

Likes: 153

From: 787 FO

Quote:

Originally Posted by ERAUAV8TR

sooo you voted for recall with not knowing who is going to replace them?

How exactly would a pilot 'know' who is going to win an election? Too funny.

11-17-2022 | 07:38 PM

#68

ThumbsUp

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Joined: Mar 2018

Posts: 3,633

Likes: 209

Quote:

Originally Posted by ERAUAV8TR

sooo you voted for recall with not knowing who is going to replace them? Hmmm smart good luck with that

Yes. That’s how that works.

11-17-2022 | 08:06 PM

#69

ERAUAV8TR

Thread Starter

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Joined: Oct 2018

Posts: 552

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Quote:

Originally Posted by ThumbsUp

Yes. That’s how that works.

maybe a reason why you haven’t seen info on them

11-17-2022 | 09:55 PM

#70

awax

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Joined: Apr 2008

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Quote:

Originally Posted by ThumbsUp

Is there any way to find out some info on the reps running for office (C5 in particular)? I haven't seen a single campaign message, which seems weird.

I was asking this question over the summer, and my conclusion is that this reaction to TA1 is all anger - no plan forward.

The anger crowd seems to believe that remove and replace will fix everything. And apparently, if you question the process or ask just who will replace this failed MEC, you get labeled as a “TA1 lover”. Are we in grade school?

A once strong union has found the lowest common denominator, it seems - mob rules, zero context, and entitlement. Enjoy the 5%, I predict that all we’ll see for a while.

As for reps on deck, buyer beware and check the credentials carefully. That is if they have the respect for the pilots to publicly announce their willingness to serve.