UPS to freeze pension
07-02-2017, 10:23 AM
#31
Where's my Mai Tai?
Joined APC: Aug 2006
Position: fins to the left, fins to the right
Posts: 1,733
Originally Posted by SaltyDog
CH is still doing fantastic work as JS Chair, was asked during that time to become the CAPA JS Chair by the EB. Certainly the EB did not treat him as persona non grata IMO.
I was speaking of the B&G crowd and some in the crew room.
07-02-2017, 06:55 PM
#32
Gets Weekends Off
Joined APC: Oct 2014
Position: Retired from APC.
Posts: 507
Originally Posted by PastV1by10
Yeah like Harry T getting a full 60k bouns when he didn't even have a medical since he doesn't fly the line, yeah transparency would be a good thing!
07-02-2017, 07:04 PM
#33
Gets Weekends Off
Joined APC: Oct 2014
Position: Retired from APC.
Posts: 507
Originally Posted by Swedish Blender
...After that, who would run for election against the EB?
Last edited by FTFF; 07-02-2017 at 07:05 PM. Reason: Typo
07-04-2017, 07:09 AM
#35
Line Holder
Joined APC: Apr 2006
Position: ONT f/o
Posts: 48
Originally Posted by Seatwarmer
Harry has been hiding out in the IPA building for way too long. Not holding a current medical but pulling in the $$. Probably working from home on his off days of course!
07-04-2017, 08:30 PM
#36
Line Holder
Joined APC: Apr 2017
Posts: 96
Originally Posted by Seatwarmer
Harry has been hiding out in the IPA building for way too long. Not holding a current medical but pulling in the $$. Probably working from home on his off days of course!
07-04-2017, 09:58 PM
#37
Gets Weekends Off
Joined APC: Sep 2006
Position: MD11 FO
Posts: 1,109
Originally Posted by WhenPigsFLy
Crewmembers are eligible for the flat dollar benefit under the 2016 TA as follows:
1. The flat dollar benefit is guaranteed for crewmembers who will reach age 60 before
December 31, 2023 (almost 2.5 years after the amendable date).4
This is true even if a
new contract is ratified before that date which reduces or eliminates the flat dollar benefit
going forward.
2. If a new contract has not been ratified as of December 31, 2023, the guarantee period will
be extended by 3 years to cover crewmembers who will reach age 60 before December
31, 2026 (almost 5.5 years after the amendable date).
3. If a new contract has still not been ratified as of December 31, 2026 (almost 5.5 years
after the amendable date), crewmembers will still get the flat dollar benefit if they reach
age 60 before the next contract is ratified.
1. The flat dollar benefit is guaranteed for crewmembers who will reach age 60 before
December 31, 2023 (almost 2.5 years after the amendable date).4
This is true even if a
new contract is ratified before that date which reduces or eliminates the flat dollar benefit
going forward.
2. If a new contract has not been ratified as of December 31, 2023, the guarantee period will
be extended by 3 years to cover crewmembers who will reach age 60 before December
31, 2026 (almost 5.5 years after the amendable date).
3. If a new contract has still not been ratified as of December 31, 2026 (almost 5.5 years
after the amendable date), crewmembers will still get the flat dollar benefit if they reach
age 60 before the next contract is ratified.
Sounds a bit like your current CBA - get that FDA written in ink for the few that will retire under it and give absolutely zero improvements in retirement to all the rest. Not looking so smart right now.
07-05-2017, 04:22 AM
#38
The NeverEnding Story
Joined APC: Sep 2005
Posts: 7,517
Originally Posted by Tuck
So let's see you can delay negotiations and help out the very few amount of members that would benefit by extending the FDA clause at the detriment to the rest of the crew force that would want improvements.
Sounds a bit like your current CBA - get that FDA written in ink for the few that will retire under it and give absolutely zero improvements in retirement to all the rest. Not looking so smart right now.
Sounds a bit like your current CBA - get that FDA written in ink for the few that will retire under it and give absolutely zero improvements in retirement to all the rest. Not looking so smart right now.
As for our current CBA...half the pilot group on property when Contract 2016 was ratified will turn 60 by 31 Dec 2023, entitling them to retire with Flat Dollar Amount. If we end up with another "ten year contract", the percentage eligible for flat dollar amount under the LOA would be north of 65%. Of course this might dictate some retiring earlier than desired to secure the benefit depending on negotiation outcome and timing...but in the event of such outcome (unlikely IMO), at least many will have a choice.
Regulatory retirements by governmental alphabets like IRS and ERISA that make extending a flat dollar amount beyond "life of the contract" exceedingly difficult if not practically impossible...not that such reality matters to some.
Age 65 retirements start a decade-long wave in 2024; demographics will dictate retention (if not improvement) of the flat dollar retirement as a main priority in the next contract.
The retirement sky ain't falling.
07-05-2017, 04:37 AM
#39
Gets Weekends Off
Joined APC: Oct 2014
Position: Retired from APC.
Posts: 507
Originally Posted by PastV1by10
Agreed needs to go. JS Would be better despite what the great role model ZM says. But we will probably get NK's bed buddy in there and all will be well again in the Fern Valley brotherhood.
Last edited by FTFF; 07-05-2017 at 04:44 AM. Reason: Typo
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