*MINIMUM BALANCES* New Polling Needed
12-28-2019, 06:58 AM
#151
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,463
What representational basis exists for ALPA to negotiate on behalf of non-member pilots who are not on Delta's property?
The problem with special interests is that everyone thinks their particular interest is special. I'd say a good case could be made for the DCI pilots who are actually flying Delta's passengers. Think of the difference DOH for benefits would be for their families.
The pilots who left early, when Delta was very literally on death's door (the sale of ASA is all that maintained Delta's cash reserves to continue to accept credit card payments) did probably get the worst deal. There is some aspect of selling at the bottom, and they did execute the transaction defensively. Age played a huge factor in the outcome. But we can't retroactively fix age or make the lost decade of the 2000's fair for thse of us who suffered tremendous losses as we begin 2020.
The only thing that makes sense is to negotiate for ALL pilots ALPA represents.
The problem with special interests is that everyone thinks their particular interest is special. I'd say a good case could be made for the DCI pilots who are actually flying Delta's passengers. Think of the difference DOH for benefits would be for their families.
The pilots who left early, when Delta was very literally on death's door (the sale of ASA is all that maintained Delta's cash reserves to continue to accept credit card payments) did probably get the worst deal. There is some aspect of selling at the bottom, and they did execute the transaction defensively. Age played a huge factor in the outcome. But we can't retroactively fix age or make the lost decade of the 2000's fair for thse of us who suffered tremendous losses as we begin 2020.
The only thing that makes sense is to negotiate for ALL pilots ALPA represents.
12-30-2019, 07:25 PM
#152
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Joined APC: May 2015
Position: Power top
Posts: 2,960
I agree with you. It's yours too, because you're Delta pilot. We negotiated for it. Over the course of your career, you may reap well over "One Million Dollars" in PS. Any idea where PS came from? Clue, it was never meant to be paid out. But here we are, you can buy a Miata every year for the rest of your career with that money.
12-30-2019, 07:35 PM
#153
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,558
I agree with you. It's yours too, because you're Delta pilot. We negotiated for it. Over the course of your career, you may reap well over "One Million Dollars" in PS. Any idea where PS came from? Clue, it was never meant to be paid out. But here we are, you can buy a Miata every year for the rest of your career with that money.
12-31-2019, 04:48 AM
#154
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,609
This is a good philosophical discussion because the reality of the situation is the company will never agree to a 25% DC/MBCBP and the pilot group would never vote in this plan.
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
12-31-2019, 05:43 AM
#155
Gets Weekends Off
Joined APC: Jul 2008
Posts: 5,028
This is a good philosophical discussion because the reality of the situation is the company will never agree to a 25% DC/MBCBP and the pilot group would never vote in this plan.
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
We'll see what happens. The guys that are going to get hurt the most are the guys retiring in the next 2-3 years that are hoping for an extra $200,000-$300,000 to be handed to them.
12-31-2019, 06:57 AM
#156
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,463
This is a good philosophical discussion because the reality of the situation is the company will never agree to a 25% DC/MBCBP and the pilot group would never vote in this plan.
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
My prediction is after lots of time wasting and/or change of union leadership we end up with 18-20% DC and a new Retiree Medical plan funded by the company.
Sent from my SM-G975U1 using Tapatalk
12-31-2019, 07:26 AM
#157
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Joined APC: Jun 2009
Position: Captain
Posts: 830
I see this potentially creating a split (bigger split) on the MEC. Let’s face it, I doubt we started at our floor (25% DC) so there is no where to go but down from there. If it turns out that number or anything close to is not achievable in the next 2 years, will the DZ’s on the MEC be able to walk back from the expectations they have set, even if there is a big win (overall minus min balance for example) out there?
12-31-2019, 08:37 AM
#158
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Joined APC: Apr 2016
Position: Looking left
Posts: 3,390
Don’t most negotiations end up in the middle?
We all know that 20% of $280K (401a limit) equals $56k (415 limit).
We are currently at 16%....opener asked for 25%....my guess it we get the middle ground 20% to max out 415 limit on the company dime.
We all know that 20% of $280K (401a limit) equals $56k (415 limit).
We are currently at 16%....opener asked for 25%....my guess it we get the middle ground 20% to max out 415 limit on the company dime.
12-31-2019, 11:49 AM
#159
Gets Weekends Off
Joined APC: Jul 2008
Posts: 5,028
Usually we get about 25 percent of our ask. Guessing we settle for 18 percent. When you factor in TVM, it's hard to vote better contracts down no matter how small the improvement. Put a $50,000 per pilot signing bonus on the line and even harder to turn down. Hell, most of my captains live off of Subway and burritos on the road to save money.
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