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#121
The NW propsal is entirely centered around one, single aspect of the future,--attrition, not age 65 attrition, but age 62.4 attrition! -- it effectively sacrifices the current, real, tangible seniority, (and thus the future seniority) of 98% of the DL pilots to preserve a future, speculative (62.4) expected seniority for NW.
If our guys raised the statistical age from 62.4 to age 65, the numbers look exactly the same. Maybe they should have done that so nobody could use the term speculation when it comes to retirement.
Carl
#122
Gets Weekends Off
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Joined APC: May 2008
Position: VEOP Retired! 7ER A was last position
Posts: 978
It's interesting how we're all checking to see what percentage (of relative seniority) we gain or lose with either proposal. Does that mean that a list which allows you to keep the same relative percentage would be fair to the most people? That would sound good to me. (FWIW, I lose 11% with NWALPA's proposal, and gain .75% under DALPA's)
Welcome aboard to the NWA guys; the vino tinto's on me if we end up in Barcelona together!
Welcome aboard to the NWA guys; the vino tinto's on me if we end up in Barcelona together!
#124
#125
Our guys will have to preface the age 65 assumption as totally inaccurate and done only for demonstration purposes. No serious person could possibly claim that all pilots will work until 65. There are too many life insurance actuarial experts available to completely refute such a claim.
Carl
#126
I'm thinking that a lot of green book guys are going to (a) finally be able to hold 747 captain, and (b) be based in ATL (way closer to home for many of them). Why would they retire early. I wouldn't if I were in their position.
#127
Carl
#128
That's fine tsquare. If your guys actually try to make that arguement during their rebuttal case, our guys will run the program again with an age 65 attrition, and the charts will look almost exactly the same. If we add 2.6 years to the current NWA proposed fence, the charts will look exactly the same. That's why I use the term "statistical certainty."
Our guys will have to preface the age 65 assumption as totally inaccurate and done only for demonstration purposes. No serious person could possibly claim that all pilots will work until 65. There are too many life insurance actuarial experts available to completely refute such a claim.
Carl
Our guys will have to preface the age 65 assumption as totally inaccurate and done only for demonstration purposes. No serious person could possibly claim that all pilots will work until 65. There are too many life insurance actuarial experts available to completely refute such a claim.
Carl
#129
Carl,
You are right, no one can possibly claim that all pilots will work until age 65. But all the assumptions as to why guys will not go to age 65 apply to each pilot group and hence, in my mind, cancel each other out.
IMO, the only variable is early retirements and nobody knows how many, on either side, will take that option. I know your argument is that guys will loose retirement if they go beyond 60. Who knows what motivates people, whether they are independantly wealthy, have 3 ex-wives, are concerned about healthcare costs, or they just love this job, the only constant is age 65 now.
I posted in another thread a comparison of retirements based on age 65. I know our numbers are correct and if Super posted correct numbers, our retirements are just not that different (204 thru 2018) and, in any case, are made up very quickly and then favor the NW guys pretty heavily.
I didn't realize it until I crunched the numbers, that there really is not that much difference, based on age 65 and, after doing it, I can see why your merger committee proposed only a 10 year fence and not a 20 year fence like the previous Roberts award. I believe I remember, from a previous post, you were OK with a longer fence, I don't think your junior guys feel the same way!!!!
Have we talked about this before?! Must be the Mad Cow kicking in!!!!
Denny
You are right, no one can possibly claim that all pilots will work until age 65. But all the assumptions as to why guys will not go to age 65 apply to each pilot group and hence, in my mind, cancel each other out.
IMO, the only variable is early retirements and nobody knows how many, on either side, will take that option. I know your argument is that guys will loose retirement if they go beyond 60. Who knows what motivates people, whether they are independantly wealthy, have 3 ex-wives, are concerned about healthcare costs, or they just love this job, the only constant is age 65 now.
I posted in another thread a comparison of retirements based on age 65. I know our numbers are correct and if Super posted correct numbers, our retirements are just not that different (204 thru 2018) and, in any case, are made up very quickly and then favor the NW guys pretty heavily.
I didn't realize it until I crunched the numbers, that there really is not that much difference, based on age 65 and, after doing it, I can see why your merger committee proposed only a 10 year fence and not a 20 year fence like the previous Roberts award. I believe I remember, from a previous post, you were OK with a longer fence, I don't think your junior guys feel the same way!!!!
Have we talked about this before?! Must be the Mad Cow kicking in!!!!
Denny
#130
I didn't realize it until I crunched the numbers, that there really is not that much difference, based on age 65 and, after doing it, I can see why your merger committee proposed only a 10 year fence and not a 20 year fence like the previous Roberts award. I believe I remember, from a previous post, you were OK with a longer fence, I don't think your junior guys feel the same way!!!!
Denny
Last edited by Hawaii50; 11-03-2008 at 08:41 AM.
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