More Cargo Cutouts
05-17-2024, 08:47 AM
#31
Line Holder
Joined APC: Nov 2023
Posts: 84
What we learned is that in 2015 we should have left off any new hire after the 2015 contract like the company wanted and gone after big raises and an increase in retirement. Instead we looked out for future hires to only have them go after money for themselves. Guess inflation does not affect those retiring with out any increase in retirement pay. Glad it will work out for you money bags.
But in 2021, you decided "F them younguns, gimme a pension bump and fund it with industry lagging pay, split vote union, weak scope, and QOL gives?"
From 2015 to 2021 you went from saintly, altruistic saviour of future new-hires to FYIGM?
Who's "going after money for themselves" again?
05-17-2024, 09:07 AM
#32
Gets Weekends Off
Joined APC: Feb 2018
Posts: 296
So in 2015 you personally sacrificed all for those who would arrive after?
But in 2021, you decided "F them younguns, gimme a pension bump and fund it with industry lagging pay, split vote union, weak scope, and QOL gives?"
From 2015 to 2021 you went from saintly, altruistic saviour of future new-hires to FYIGM?
Who's "going after money for themselves" again?
But in 2021, you decided "F them younguns, gimme a pension bump and fund it with industry lagging pay, split vote union, weak scope, and QOL gives?"
From 2015 to 2021 you went from saintly, altruistic saviour of future new-hires to FYIGM?
Who's "going after money for themselves" again?
hahaha. Exactly
05-17-2024, 09:44 AM
#33
Gets Weekends Off
Joined APC: Sep 2007
Posts: 110
Retirement quagmire
For retirement we are all in different places with regard to longevity, time remaining, pay grade, and progression (or lack thereof). So any plan to ease out of the current system would need to contain 25 different gradations of buyout or whatever the solution to make it fair. Dividing us into thirds or whatever is going to hose someone. But that was an acceptable goal to the old NC. Since we allow like a 9 year contract on property guys will probably end up retireing under one of those.
And is anyone else sick from the AC maintenance at AOC this week? Now my days off are ruined and I may be unfit for my trip next week. They were blowing moldy covid dust straight up my nose all week. Should insite to give data to JD offering us a middle finger.
And is anyone else sick from the AC maintenance at AOC this week? Now my days off are ruined and I may be unfit for my trip next week. They were blowing moldy covid dust straight up my nose all week. Should insite to give data to JD offering us a middle finger.
05-17-2024, 12:01 PM
#34
Gets Weekends Off
Joined APC: Aug 2021
Posts: 106
The pension bump was a waste of negotiating capital. We only get 1/3 of what the company puts in. If the company valued the pension increase at $1.5 billion, the pilot group only gets $500 million.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
05-17-2024, 12:40 PM
#35
Line Holder
Joined APC: Feb 2024
Posts: 89
Sorry for the errors kid. I have been reading this Internet forum and other text message groups for a long time and decided to pertake. The pensions bump was good and every one at FedEx woud benefit greatly. Ther were no concessions. What was written was good for the long term of every one.
05-17-2024, 04:13 PM
#37
Gets Weekends Off
Joined APC: Nov 2017
Position: Wichita
Posts: 736
One of the issues with TA1 was that the NC and MEC gave up more scope flexibility to make it cheaper to outsource flying to other carriers… keep it going.
05-17-2024, 04:18 PM
#38
Gets Weekends Off
Joined APC: Apr 2017
Posts: 158
One of the issues with TA1 was that the NC and MEC signed off on pay rates that didn't even come close to covering inflation from our last "raise". But at least those pay rates came with an equally insulting "amendable period recovery payment".
05-17-2024, 04:41 PM
#39
On Reserve
Joined APC: Aug 2017
Posts: 22
The pension bump was a waste of negotiating capital. We only get 1/3 of what the company puts in. If the company valued the pension increase at $1.5 billion, the pilot group only gets $500 million.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
05-17-2024, 06:00 PM
#40
Gets Weekends Off
Joined APC: Aug 2023
Posts: 438
The pension bump was a waste of negotiating capital. We only get 1/3 of what the company puts in. If the company valued the pension increase at $1.5 billion, the pilot group only gets $500 million.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
I think everyone would agree, it is better to capture that full amount.
Keep the A plan as is, even for new hires.
Increase the B fund with cash over cap.
Give the senior dudes a bonus to retire.
How will a larger B fund work out for those with less than 10 years until retirement go?
How much would you have to save to get a guaranteed $169,000 for life?
Given the plan mentioned above, the senior guys would be better off staying, getting medical insurance, making over $400,000 per year, taking 2.5 months off with vacation while whittling down their disability bank. Yeah, stagnation for another 4+ years will show them
.
Thread
Thread Starter
Forum
Replies
Last Post
