MBCBP implementation announced…

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07-07-2023, 03:52 PM

#361

Crown

Gets Weekends Off

Joined APC: Jun 2016

Position: Not an RJ driver anymore

Posts: 1,067

I'll reiterate that I'm opting out. I'm glad I am. My spill cash should be mine, and mine alone, to decide what to do with. I'll happily take the tax hit to still have control of my money.

07-07-2023, 03:55 PM

#362

All 5 Stages

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Joined APC: Feb 2020

Posts: 793

Quote:

Originally Posted by Crown

I'll reiterate that I'm opting out. I'm glad I am. My spill cash should be mine, and mine alone, to decide what to do with. I'll happily take the tax hit to still have control of my money.

It just stinks that we pay ALPA dues on a negotiated company-funded retirement benefit.

A5S

07-07-2023, 04:01 PM

#363

Crown

Gets Weekends Off

Joined APC: Jun 2016

Position: Not an RJ driver anymore

Posts: 1,067

Quote:

Originally Posted by All 5 Stages

It just stinks that we pay ALPA dues on a negotiated company-funded retirement benefit.

A5S

agreed. I'm no ALPA apologist, especially after the 190K bar tab fiasco

07-07-2023, 04:51 PM

#364

FangsF15

Moderator

Joined APC: Sep 2011

Posts: 4,812

Quote:

Originally Posted by Crown

agreed. I'm no ALPA apologist, especially after the 190K bar tab fiasco

Did you see the Form 990 ALPA filed for 2022, with how much compensation Officers/Directors/etc are compensated? Joe Depete got $1.2M last year. A Former General Manager got nearly $.73M

07-07-2023, 05:23 PM

#365

Crown

Gets Weekends Off

Joined APC: Jun 2016

Position: Not an RJ driver anymore

Posts: 1,067

Quote:

Originally Posted by FangsF15

Did you see the Form 990 ALPA filed for 2022, with how much compensation Officers/Directors/etc are compensated? Joe Depete got $1.2M last year. A Former General Manager got nearly $.73M

must be nice. Meanwhile, 1.85%...and for what?

07-07-2023, 05:27 PM

#366

PilotBases

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Joined APC: Apr 2020

Posts: 2,383

Quote:

Originally Posted by FangsF15

Did you see the Form 990 ALPA filed for 2022, with how much compensation Officers/Directors/etc are compensated? Joe Depete got $1.2M last year. A Former General Manager got nearly $.73M

Maybe if they spent $200k we wouldn’t have had to deal with Depete.

07-08-2023, 08:46 AM

#367

Valar Morghulis

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Joined APC: Jun 2015

Posts: 321

At least they got rid of the presidential pension.

07-08-2023, 02:23 PM

#368

JamesBond

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Joined APC: May 2015

Position: A350 Both

Posts: 7,292

Quote:

Originally Posted by m3113n1a1

Well if it's a significant amount, then I definitely don't want it in the MBCBP fund.

But let's say I make 400k a year (which would take a healthy amount of work and I'm lazy currently). Anything over 330k generates spill cash at 18% in this contract. So that's 12.6k. Less when the IRS progressively raises that 330k limit as they do every year.

Yeah I am sure that 25 years from now, things will be exactly as they are now. Glad you have it all figured out.

07-08-2023, 02:42 PM

#369

higney85

Property of Scheduling

Joined APC: Sep 2006

Position: Bus driver

Posts: 2,573

Quote:

Originally Posted by JamesBond

Yeah I am sure that 25 years from now, things will be exactly as they are now. Glad you have it all figured out.

So as a 350A/LCA, what’s the gripe? You have the option of deferring taxes and ALPA dues/Medicare/SS…. Or your want to complain otherwise instead of investing the excess . Seriously- what’s your deal?! Pick a position and support it. This is reality, deal with it. And yea, when I go 350B and you are the LCA, I’ll say the same. My username pretty well lines up… what do you say “Jamesbond”?

If you want to fly to 67, state it.

If you need the money, say it.

Nobody cares, but everyone sees it. Own it.

07-08-2023, 03:19 PM

#370

Jaww

Rerouted On Weekends

Joined APC: Oct 2015

Position: 717A

Posts: 2,937

Quote:

Originally Posted by m3113n1a1

Didn't realize we had so many activist investors in this group!

BlackRock are the activist investors. That’s the problem because what they may or may not decide to invest in will affect my money and they aren’t shy about their methodology.