MBCPB Fees
12-09-2024 | 03:57 PM
#21
Line Holder
Joined: Jun 2019
Posts: 599
Likes: 46
12-09-2024 | 06:40 PM
#22
Line Holder
Joined: Jul 2018
Posts: 532
Likes: 10
Getting what’s in the contract is obviously the goal, the wickets needed to get there make it a goal 2-3 years in the future. Stepping in that direction starting with this and maybe another LOA as things get a little closer so people can stop shoveling money into an inferno they’ll never use would be nice.
12-09-2024 | 06:42 PM
#23
Line Holder
Joined: Jul 2018
Posts: 532
Likes: 10
12-09-2024 | 06:55 PM
#24
Banned
Joined: Oct 2017
Posts: 589
Likes: 1
Return the favor? Probably the 49 percent that voted no on the pandemic loa. This loa does not help many and especially hurts those that have many years to go. Some really need there health account moneys. Praying for those families
12-09-2024 | 07:01 PM
#25
Line Holder
Joined: May 2015
Posts: 1,200
Likes: 33
From: 777 CA
This almost 60 yr old is hoping this fails spectacularly. You're not helping most of us. Just a chosen few who've been sitting in the left seat of a WB for decades. But you do you and in 11 hrs we'll see who was with the majority.
12-09-2024 | 07:43 PM
#26
On Reserve
Joined: Oct 2015
Posts: 88
Likes: 4
Yeah, duh, I’m completely serious.
Getting what’s in the contract is obviously the goal, the wickets needed to get there make it a goal 2-3 years in the future. Stepping in that direction starting with this and maybe another LOA as things get a little closer so people can stop shoveling money into an inferno they’ll never use would be nice.
Getting what’s in the contract is obviously the goal, the wickets needed to get there make it a goal 2-3 years in the future. Stepping in that direction starting with this and maybe another LOA as things get a little closer so people can stop shoveling money into an inferno they’ll never use would be nice.
12-10-2024 | 04:01 AM
#27
Line Holder
Joined: Jul 2018
Posts: 532
Likes: 10
There should be no LOA’s about this unless the irs denies what we have in the contract we just voted in. This plan will return almost nothing when you factor in inflation. Once this company cap in the prap is lowered it will never go back. Wake up man….this is complete bs. It will never change back and most likely all the things we were told we would get in the contract won’t happen. We need to get it all done the first time around…if it takes another year so be it.
?? What other things in the contract haven’t happened?
It won’t be a year it will probably be closer to 2. And the PRAP cap is a company interpretation of IRS regs and the contingent benefits rule, I’m guessing their army of lawyers looked at it pretty closely. If they’re wrong, great for us, if they’re right the PRAP cap will be as the LOA is written. Either way the 30% equities stake is in the UPA so that’s a done deal.
Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us.
12-10-2024 | 04:36 AM
#28
On Reserve
Joined: Oct 2015
Posts: 88
Likes: 4
?? What other things in the contract haven’t happened?
It won’t be a year it will probably be closer to 2. And the PRAP cap is a company interpretation of IRS regs and the contingent benefits rule, I’m guessing their army of lawyers looked at it pretty closely. If they’re wrong, great for us, if they’re right the PRAP cap will be as the LOA is written. Either way the 30% equities stake is in the UPA so that’s a done deal.
Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us.
It won’t be a year it will probably be closer to 2. And the PRAP cap is a company interpretation of IRS regs and the contingent benefits rule, I’m guessing their army of lawyers looked at it pretty closely. If they’re wrong, great for us, if they’re right the PRAP cap will be as the LOA is written. Either way the 30% equities stake is in the UPA so that’s a done deal.
Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us.
12-10-2024 | 04:42 AM
#29
Gets Weekends Off
Joined: Aug 2020
Posts: 2,658
Likes: 122
Most RHA's aren't that fat on cash and can easily be spent. Long term care premiums, hospital stays, assisted living cost......... Even a big pile could go pretty fast. Getting old ain't cheap.
12-10-2024 | 06:04 AM
#30
Line Holder
Joined: Aug 2021
Posts: 934
Likes: 22
If we can’t get what we negotiated in the contract then we renegotiate and they give us something more somewhere else to make up for the shortfall. Not sure why people are in a rush to get this done, we had an agreement if they can’t make that due to the IRS etc then we need something else in return or we wasted negotiating capital to get this.
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