FedEx TA and Right to Work changes
03-15-2011, 03:37 PM
#121
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Joined APC: Feb 2011
Posts: 95
Lol. I didn't miss it. Just too exhausted to even bother to address it. It's like trying to reason with a suicide bomber who's intent on blowing himself up in hopes of some mystical reward in purple heaven.
03-15-2011, 03:48 PM
#122
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
How many of them were union? Case closed. Support anti-union right to work politics and be prepared for the consequences and that pie won't seem so small when you're not getting a piece. But this is pointless trying to debate with you. I have better things to do and I'm sure you do too. Perhaps you and Fred can talked anti- union politics next time he has you over for dinner.
How many union pilots lost their A Plans? Case closed bye bye.
03-15-2011, 04:25 PM
#123
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
The 2008 Form
... covering the plan year June 1, 2008 through May 31, 2009, shows some of the same information as the Annual Funding Notice pilots received in September 2009. In addition, it shows that the minimum required contribution for the plan year beginning June 1, 2008 was $432,537,073 and the actual cash contributions made by FedEx for that plan year totaled $1.05 billion.
Now imagine what the contributions would have had to have been to cover the non union workers. My guess 30 million wouldnt cover the PBGC premiums. http://fdx.alpa.org/LinkClick.aspx?f...3U=&tabid=3222
... covering the plan year June 1, 2008 through May 31, 2009, shows some of the same information as the Annual Funding Notice pilots received in September 2009. In addition, it shows that the minimum required contribution for the plan year beginning June 1, 2008 was $432,537,073 and the actual cash contributions made by FedEx for that plan year totaled $1.05 billion.
Now imagine what the contributions would have had to have been to cover the non union workers. My guess 30 million wouldnt cover the PBGC premiums. http://fdx.alpa.org/LinkClick.aspx?f...3U=&tabid=3222
It looks to me like the minimum payment the company has to make to our pension plan is 3 times the amount they actually paid to the owners of the company. And you want to begrudge them a lousy 152 million.
03-15-2011, 04:58 PM
#125
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Joined APC: Feb 2011
Posts: 95
At Fedex..zero. We are talking about the Fedex TA after all. Additionally, how did all those union pilots get their A plan in the first place? They got it because the unions negotiated pension benefits. They lost it because of poor management, stagnation in airline revenue due to increased competition and the race to the bottom in airline pricing and services. In essence deregulation "Walmartize" our career field ands we all know unions are no match for Walmart mentally that you obviously have.
03-15-2011, 05:29 PM
#126
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Nope you arent hyperbole man you are ad hominem man. Well 2 can play that game, you sound just like one of them bolsheviks from the russian revolution. Name calling really?
03-15-2011, 05:32 PM
#127
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Posts: 95
Sounds like a lot of money, try these on for size:
It looks to me like the minimum payment the company has to make to our
It looks to me like the minimum payment the company has to make to our pension plan is 3 times the amount they actually paid to the owners of the company. And you want to begrudge them a lousy 152 million.
The 2008 Form
... covering the plan year June 1, 2008 through May 31, 2009, shows some of the same information as the Annual Funding Notice pilots received in September 2009. In addition, it shows that the minimum required contribution for the plan year beginning June 1, 2008 was $432,537,073 and the actual cash contributions made by FedEx for that plan year totaled $1.05 billion.
Now imagine what the contributions would have had to have been to cover the non union workers. My guess 30 million wouldnt cover the PBGC premiums. http://fdx.alpa.org/LinkClick.aspx?f...3U=&tabid=3222
... covering the plan year June 1, 2008 through May 31, 2009, shows some of the same information as the Annual Funding Notice pilots received in September 2009. In addition, it shows that the minimum required contribution for the plan year beginning June 1, 2008 was $432,537,073 and the actual cash contributions made by FedEx for that plan year totaled $1.05 billion.
Now imagine what the contributions would have had to have been to cover the non union workers. My guess 30 million wouldnt cover the PBGC premiums. http://fdx.alpa.org/LinkClick.aspx?f...3U=&tabid=3222
It looks to me like the minimum payment the company has to make to our
It looks to me like the minimum payment the company has to make to our pension plan is 3 times the amount they actually paid to the owners of the company. And you want to begrudge them a lousy 152 million.
Btw..it was more analogy than hyperbole.....Allaha Akbar Fedex (sarcasm)
03-15-2011, 05:44 PM
#128
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Dude, you are walking oxymoron. A few posts ago you argued and I quote "Luckily our pensions are a small part of the retirement pie at Fedex." Now the same small piece of pie is three times dividends and company contributions are in the billions. Yet another paradoxical argument only proving the absurdity of your positions. Do you really think Fedex would continue to contribute that "small piece of the pie", which is according to you in the billions, if we did not have a collective bargaining agreement.
Btw..it was more analogy than hyperbole.....Allaha Akbar Fedex (sarcasm)
Btw..it was more analogy than hyperbole.....Allaha Akbar Fedex (sarcasm)
Last I looked the 4500 pilots are a small part of the 200,000 employees at Fedex. Maybe your union math comes up with something different. But arent you lefties the one in solidarity with the palestinians. Much more likely to see a suicide bomber on the streets of madison then at walmart right? Left-Wing Institute For Civil Discourse
Find a post where I said FEDEX would not try to get rid of our a plan if the union disbanded. Just make up anything you want to back your feeble position.
03-15-2011, 05:48 PM
#129
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Joined APC: Feb 2011
Posts: 95
Enough. Engine shutdown check complete......
03-15-2011, 05:53 PM
#130
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Again your Right wing Texas bias is showing again and I'm confused why you insist on referring to me as man? And if you insist on using examples, it might help if your audience has some idea what you're talking about. I don't watch Glen Beck so I'm not up on my Bolsheviks or the Russian Revolution. But even someone educated in a Texas public schools knows what a suicide bomber is.
Enough. Engine shutdown check complete......
Enough. Engine shutdown check complete......
Well darlin I guess you got a public school education if you havent heard of the Russian Revolution. Let me guess Wisconsin right? The probably called it a people power movement. Unfortunately the only TX I have is from a great grandmother.
