Contract extension
02-11-2020 | 06:38 PM
#41
Gets Weekends Off
Joined: Feb 2013
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See posts # 3 & 8. It should answer your questions. Basically no major changes and COLA pay increases. The ‘real’ contract negotiations will happen a few years later..
02-12-2020 | 11:23 AM
#42
Gets Weekends Off
Joined: Mar 2005
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From: 767 captain
02-12-2020 | 11:32 AM
#43
On Reserve
Joined: Apr 2006
Posts: 25
Likes: 1
02-12-2020 | 11:41 AM
#44
Thread Starter
Living the SloBus life
Joined: Jan 2018
Posts: 2,181
Likes: 92
That thought is crazy to me. I came here expecting to wait a decade to upgrade, now it’s right around the corner. We will definitely have to be ready for a slog. I’m guessing the company will go all in trying to kill OCV, the pension, and our healthcare.
02-12-2020 | 11:41 AM
#45
Gets Weekends Off
Joined: Feb 2013
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The only concern I have with this agreement is the fact Bob T. might choose to retire from his position now that we won’t be negotiating for a few more years.. (IF the TA passes, which I believe it will)
Leaders prefer to leave on their own terms and historically speaking there’s no better time to leave than after a ‘peace treaty’ (TA) has been signed...
I hope he stays on for the next battle.
02-12-2020 | 08:34 PM
#49
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Joined: Feb 2013
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Forgot to add, I was also hoping for an over-cap B-plan cash payout once we reach IRS limits.. I believe this provision was given up in the ‘06 contract?
All captains and many FOs reach IRS retirement savings limits which is when the company stops contributing to our B-plans..
I’d rather pay 99% in taxes on whatever the cash payouts might be than to just give it up to the company.
I might be misunderstanding the issue but I vividly remember senior captains telling me how they used to get the over-cap check overages once they reached their IRS limit.
Still a yes voter but I wish the company had to pay us 12% whether we reach the IRS cap or not...
_____
Kronan - C2078 is correct, there are no changes to our B-plan.
All captains and many FOs reach IRS retirement savings limits which is when the company stops contributing to our B-plans..
I’d rather pay 99% in taxes on whatever the cash payouts might be than to just give it up to the company.
I might be misunderstanding the issue but I vividly remember senior captains telling me how they used to get the over-cap check overages once they reached their IRS limit.
Still a yes voter but I wish the company had to pay us 12% whether we reach the IRS cap or not...
_____
Kronan - C2078 is correct, there are no changes to our B-plan.
02-13-2020 | 05:59 PM
#50
Line Holder
Joined: Nov 2006
Posts: 335
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From: F/O
The TA will give us another contact w/OCV, higher book rates, in theory, making it harder for the company to argue against them in 2023
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