Alaska Air Hiring
10-16-2015, 02:24 PM
#1165
Gets Weekends Off
Joined APC: Apr 2014
Position: Right Seat 737, Front seat T-6
Posts: 536
. 
Just kidding ... I know we are all in this together, on the same team!
10-16-2015, 03:16 PM
#1166
Gets Weekends Off
Joined APC: Aug 2009
Posts: 396
I'd stick with your first sentence; there's waaaaaay more truth to it. We are all in this together until the boat starts sinking, then the junior boys&girls will be thrown overboard. Seriously.
10-17-2015, 09:02 AM
#1168
New boss = Old boss
Joined APC: Mar 2005
Position: Ca B737
Posts: 2,762
Glad you're amused. How little you think of yourself and your services that a pension it thought by you to be out of the question. Is it out of the question for management?
All things are possible when there are no suitable pilots to sit in the seats.
10-17-2015, 09:36 AM
#1169
Banned
Joined APC: Nov 2013
Position: 7th green
Posts: 4,378
I don't see it happening for one reason and one reason only: Since Contract '92 (?) Alaska has been required to self-fund the pension program (before that they purchased annuities). They have had to keep to the tune of $100M in cash tied up to pay the retirees since then.
I'm sure the boys/girls at Angle Lake can think of a whole lot better things to do with $100M than fund pilot pensions. That's exactly the reason they came up with the "A plan, freeze or increased 401 choice" several years ago. At the same time they put all the new hires on the straight 401 plan.
I'd be skeptical to see any kind of A plan return.
I'm sure the boys/girls at Angle Lake can think of a whole lot better things to do with $100M than fund pilot pensions. That's exactly the reason they came up with the "A plan, freeze or increased 401 choice" several years ago. At the same time they put all the new hires on the straight 401 plan.
I'd be skeptical to see any kind of A plan return.
10-17-2015, 09:55 AM
#1170
New boss = Old boss
Joined APC: Mar 2005
Position: Ca B737
Posts: 2,762
I don't see it happening for one reason and one reason only: Since Contract '92 (?) Alaska has been required to self-fund the pension program (before that they purchased annuities). They have had to keep to the tune of $100M in cash tied up to pay the retirees since then.
I'm sure the boys/girls at Angle Lake can think of a whole lot better things to do with $100M than fund pilot pensions. That's exactly the reason they came up with the "A plan, freeze or increased 401 choice" several years ago. At the same time they put all the new hires on the straight 401 plan.
I'd be skeptical to see any kind of A plan return.
I'm sure the boys/girls at Angle Lake can think of a whole lot better things to do with $100M than fund pilot pensions. That's exactly the reason they came up with the "A plan, freeze or increased 401 choice" several years ago. At the same time they put all the new hires on the straight 401 plan.
I'd be skeptical to see any kind of A plan return.
If the top 7 airlines really do have trouble staffing the flight decks then anythings possible. I'd like to see Delta and other industry leaders demand the return of pensions. They are a "quiet" way to boost compensation.
Thread
Thread Starter
Forum
Replies
Last Post
