FDX Carryover?
05-18-2010, 04:02 PM
#141
Proponent of Hysteria
Joined APC: Jun 2007
Position: "Part of the problem." : JL
Posts: 1,054
Normally, I'll just puke a little bit in my mouth and go stand somewhere else.
05-18-2010, 06:15 PM
#142
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
Guys are sticking around to 65. Few leave sooner. I don't think guys will change their minds based on a few dollars gained or lost. Those that leave at 60 have long term plans and value their health.
Often those that stay till 65 have no life. The extra money (or money lost if they downgrade to SO) is usually only a secondary consideration. They just want to hang out with the boys because there's no where else they'd rather be. If you ask them they'll say it's about the money because they don't want to admit the truth and risk ridicule.
Often those that stay till 65 have no life. The extra money (or money lost if they downgrade to SO) is usually only a secondary consideration. They just want to hang out with the boys because there's no where else they'd rather be. If you ask them they'll say it's about the money because they don't want to admit the truth and risk ridicule.
Please tell me if I'm going to win the Irish Sweepstakes, because you seem to know a lot about other peoples business. Seriously, like I've said a hundred times before, guys will either stay or go, if they feel it's in their best interests. Nothing more or nothing less. What you think their reason is, is not only unimportant, but totally irrelavant. As well, you might end up doing the exact same thing when it's your "time", unless of course you're completely different from the average pilot.
JJ
05-19-2010, 03:40 AM
#143
Gets Weekends Off
Joined APC: Aug 2006
Posts: 3,931
You guys are missing all the qualifiers in my statements.
There is room for the guy who need the money for whatever reason and a few actually have interests outside of the AOC.
But when you talk to some of them you find more than a few (there's another couple of qualifiers
) don't know what else to do with themselves. They've been doing it for so long without a break they don't know how to stop.
There is room for the guy who need the money for whatever reason and a few actually have interests outside of the AOC.
But when you talk to some of them you find more than a few (there's another couple of qualifiers
) don't know what else to do with themselves. They've been doing it for so long without a break they don't know how to stop.
05-19-2010, 05:13 AM
#144
Gets Weekends Off
Joined APC: Sep 2007
Posts: 221
I am pretty much committed to a NO vote no matter what. All I want to hear about is increases in hourly rate or B-plan. Every time we change something it gets worse or manipulated by the company. Set a new pay rate and draw a line in the sand! "F" hidden money and small trade-offs that become huge givebacks.
05-19-2010, 05:17 AM
#145
Gets Weekends Off
Joined APC: Sep 2007
Position: 777 Captain in Training
Posts: 1,457
I told them after all the beanies given to the older crowd in the last contract I did not think this idea would fly.
05-19-2010, 05:38 AM
#146
Line Holder
Joined APC: Apr 2007
Posts: 77
After 25 years of working for a company, why in the world should there be any retirement penalty?
05-19-2010, 05:51 AM
#147
Gets Weekends Off
Joined APC: Apr 2006
Position: MD-11 Captain
Posts: 4,304
Why would anyone want to work past 25 years of service???
I propose a penalty in retirement benefits for staying past 25 years ...
Something like 2% x (years of service) - 1%/year past 25 years
That would certainly get those old folks to go away gracefully? I'm tired of guys that have earned the best pension in the industry sticking around because they have no hobbies or family life and affecting my seniority EVERY MONTH! They're pathetic!
Go ahead JJ and pipe in with your standard, "It's none of your business if I have no hobbies, family or friends .... blah, blah, blah ... "
Last edited by MaydayMark; 05-19-2010 at 06:10 AM.
05-19-2010, 04:38 PM
#148
Gets Weekends Off
Joined APC: Jul 2007
Position: Captain
Posts: 101
Well Mark maybe because if you were hired before age 35 you lose 3% a year for ever year you go before 60. So let's say you got hired at age 30 if you leave after 25 years you only get 35% of your high 5. Not a very good deal. So that may be why some stay for more than 25 years of service.
05-19-2010, 06:27 PM
#149
Gets Weekends Off
Joined APC: Aug 2006
Posts: 1,433
It's a 3% reduction for each year benefits commence before Age 60. You could retire at 58, wait to start receiving the pension benefit at 60 and would have no reduction. Retire at 58, start benefit at 58, 6% reduction. Retire at 55, start benefit at 58, 6% reduction.
The pension still needs to be computed using the 3 formulas and taking the highest of the 3. Other factors come into play.
In your 25 YOS, Age 55 retirement statement, it wouldn't be 35% of FAE, but 50% of FAE minus 15%. Big difference. FAE of 250K: 87500 (you) vs 106250 (PBB)
The pension still needs to be computed using the 3 formulas and taking the highest of the 3. Other factors come into play.
In your 25 YOS, Age 55 retirement statement, it wouldn't be 35% of FAE, but 50% of FAE minus 15%. Big difference. FAE of 250K: 87500 (you) vs 106250 (PBB)
05-22-2010, 01:58 PM
#150
Gets Weekends Off
Joined APC: Jul 2007
Position: Discombobulated
Posts: 155
Yea I agree. Kinda like the "GRID" in the last contract. Still don't know what we gave up for that, but I don't think you can get to it.
I will say that I like the negotiating team we have this time much better, they are in touch and all have years to live under the next contract and a few after that.
I will say that I like the negotiating team we have this time much better, they are in touch and all have years to live under the next contract and a few after that.
Thread
Thread Starter
Forum
Replies
Last Post
