Fedex Pilots proposed retirement plan
11-04-2017, 01:19 PM
#461
Gets Weekends Off
Joined APC: Sep 2007
Position: 777 Captain in Training
Posts: 1,457
Don't you think negotiation outside of the normal contract gives up a tremendous amount of leverage and makes our negotiating position extremely weak?
The bargain being struck here must be one where the company sees a benefit to agreeing solely in the merits of the proposal. Side letters are supposed to be to remedy unforeseen changes that fall out of the scope of the current contract.
As one brother to another you're accepting a poor precedent that I truly don't believe is in our interests.
This is the proverbial camels nose getting into the tent. Best believe the rest of the camel will follow behind shortly.
The bargain being struck here must be one where the company sees a benefit to agreeing solely in the merits of the proposal. Side letters are supposed to be to remedy unforeseen changes that fall out of the scope of the current contract.
As one brother to another you're accepting a poor precedent that I truly don't believe is in our interests.
This is the proverbial camels nose getting into the tent. Best believe the rest of the camel will follow behind shortly.
Like I said I do not believe the company will do anything in our interest and in the end we can listen and vote. It simply cannot be forced upon us. I just find it sort of hyprocritical of some who said the contract was good enough for them to throw stones at the 25 year guys now.
I voted against the LOA contract extension also.
11-04-2017, 01:44 PM
#462
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
The fools at ALPA National can’t find their a@@ with both hands, letting them control your pension is insanity.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
11-04-2017, 09:07 PM
#463
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
I think I would be willing to consider an A plan freeze, variable benefit plan and increased B plan.
That is, if it came with a profit sharing deal along the lines of Delta.
If this is that good for the company then maybe it's worth it to them to profit share.
That is, if it came with a profit sharing deal along the lines of Delta.
If this is that good for the company then maybe it's worth it to them to profit share.
11-05-2017, 02:44 AM
#464
Gets Weekends Off
Joined APC: May 2005
Posts: 1,275
The fools at ALPA National can’t find their a@@ with both hands, letting them control your pension is insanity.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
Either way, ALPA wouldn't control our new Variable DB plan (if that's what we decide to do) any more than they control our current B-plan.
Did you ever get that ATP finished?
11-05-2017, 05:18 AM
#465
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
Thanks, Mr. uninformed 32-year Delta captain...
...or guy confused about Endeavor Air's min hour requirements to get the new ATP done...
Either way, ALPA wouldn't control our new Variable DB plan (if that's what we decide to do) any more than they control our current B-plan.
Did you ever get that ATP finished?
...or guy confused about Endeavor Air's min hour requirements to get the new ATP done...
Either way, ALPA wouldn't control our new Variable DB plan (if that's what we decide to do) any more than they control our current B-plan.
Did you ever get that ATP finished?
I'm sure the FedEx pilots will make the right choice. If ALPA National has no control as you say, then it might be a good deal.
I trust them zero.
Jerry Fielding
Delta A330
The ATP questions were for a neighbors son. Just trying to catch up since I got my ATP in 1980.
All the best to you and the FedEx pilots.
11-05-2017, 05:59 AM
#466
Gets Weekends Off
Joined APC: May 2006
Position: Excessed WB Capt.
Posts: 1,084
We had profit sharing before CB1 in 1998. We gave that up for the B-plan and larger A-plan. Our old A-plan, that was capped at IRS limits at the time, had a COLA which makes me curious what the guys who retired in 1997 are getting now.
The fact that we ratified this last CBA without a maxed out B-fund let's you know the result of this current talk on the A-plan. We will do the stupid thing once again.
The fact that we ratified this last CBA without a maxed out B-fund let's you know the result of this current talk on the A-plan. We will do the stupid thing once again.
11-05-2017, 06:07 AM
#467
Gets Weekends Off
Joined APC: Feb 2010
Position: Socket Drawer
Posts: 1,797
We had profit sharing before CB1 in 1998. We gave that up for the B-plan and larger A-plan. Our old A-plan, that was capped at IRS limits at the time, had a COLA which makes me curious what the guys who retired in 1997 are getting now.
The fact that we ratified this last CBA without a maxed out B-fund let's you know the result of this current talk on the A-plan. We will do the stupid thing once again.
The fact that we ratified this last CBA without a maxed out B-fund let's you know the result of this current talk on the A-plan. We will do the stupid thing once again.
11-05-2017, 07:14 AM
#468
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
The fools at ALPA National can’t find their a@@ with both hands, letting them control your pension is insanity.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
There is a reason “greed”is one of the deadly sins.
ALPA National is the reason most ALPA pilots lost their pensions in the first place.
Who still has a pension?
Worth, Moak, Canoll, Helling, etc.
11-05-2017, 07:22 AM
#469
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
There are hopefully many guys 80 and above still alive and kicking, does anybody know one to ask?
COLA to the A fund (added to the list)
Variable plan
Increased B fund
Profit Sharing
That seems like a reasonable list to consider, if we would be saving the company so much. Win/win, my favorite scenario.
COLA to the A fund (added to the list)
Variable plan
Increased B fund
Profit Sharing
That seems like a reasonable list to consider, if we would be saving the company so much. Win/win, my favorite scenario.
11-05-2017, 07:45 AM
#470
Gets Weekends Off
Joined APC: Jun 2015
Position: Fetal in the hub
Posts: 414
There are hopefully many guys 80 and above still alive and kicking, does anybody know one to ask?
COLA to the A fund (added to the list)
Variable plan
Increased B fund
Profit Sharing
That seems like a reasonable list to consider, if we would be saving the company so much. Win/win, my favorite scenario.
COLA to the A fund (added to the list)
Variable plan
Increased B fund
Profit Sharing
That seems like a reasonable list to consider, if we would be saving the company so much. Win/win, my favorite scenario.
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