Latest AIP rumor 6/7/22
06-21-2022, 03:54 PM
#321
Banned
Joined APC: Oct 2020
Posts: 345
Kudos to the FNGs hired into the current environment. I hope they never see a downturn. History says otherwise.
06-21-2022, 03:56 PM
#322
Gets Weekends Off
Joined APC: May 2022
Posts: 225
+1 most doctors and lawyers don’t have pensions. Stock options, pensions, and other high value tax deferred retirement vehicles are generally for upper management types who don’t get to work 4 days a week and then turn their phone off for 3 days. I’m not saying it’s not worth exploring, but you talk as though our current pay is completely absurd
06-21-2022, 04:05 PM
#323
Gets Weekends Off
Joined APC: Jul 2007
Position: 756 left
Posts: 766
Answer=Pilots. Show your advisor the DB and DC plans the the FedEx and UPS guys have. Hell, show him the DB and DC plans that UAL pilots had 25 years ago. What some think is unattainable is what we used to have. What we should still have.
06-21-2022, 04:11 PM
#324
Gets Weekends Off
Joined APC: Jul 2014
Posts: 805
I am not against a pension given the right terms but you are dealing with an untrustworthy company or an untrustworthy insurance company to accomplish that. I would rather build a trust of investment properties and index funds that I know will survive a few generations. It isn't just negotiating a "pension" it is the minutia with that aim to do it correctly. Do it poorly and it is cheap and easy but to do it correctly is a huge undertaking. I don't believe it is worth the negotiating capital. Pay me correctly and I will hire the estate planner and lawyer... I don't need fine print from an insurance carrier.
06-21-2022, 04:40 PM
#325
Banned
Joined APC: Oct 2020
Posts: 345
06-21-2022, 04:57 PM
#326
Gets Weekends Off
Joined APC: Oct 2021
Posts: 775
+1 most doctors and lawyers don’t have pensions. Stock options, pensions, and other high value tax deferred retirement vehicles are generally for upper management types who don’t get to work 4 days a week and then turn their phone off for 3 days. I’m not saying it’s not worth exploring, but you talk as though our current pay is completely absurd
06-21-2022, 05:10 PM
#327
Gets Weekends Off
Joined APC: Jan 2006
Posts: 1,597
I’m against any increase to retirement because it will be taken from money we could have now. We will have plenty of money when we are 65. I would like to have money now in my 30’s when I can truly enjoy it.
06-21-2022, 05:23 PM
#328
Banned
Joined APC: Oct 2020
Posts: 345
x2. Our retirement is better than any doctor, lawyer, engineer, or investment banker that I know. We should be very happy with it.
I’m against any increase to retirement because it will be taken from money we could have now. We will have plenty of money when we are 65. I would like to have money now in my 30’s when I can truly enjoy it.
I’m against any increase to retirement because it will be taken from money we could have now. We will have plenty of money when we are 65. I would like to have money now in my 30’s when I can truly enjoy it.
06-21-2022, 05:26 PM
#329
Gets Weekends Off
Joined APC: Oct 2021
Posts: 775
And chances are we'll both have to make the same choices over the next 20 years of our careers. But don't let that change your perspective on what we have now. Most of us are 1%'ers. Nothing wrong with that, but the majority of the country has a lot more things to worry about on a daily basis than we do.
06-21-2022, 05:32 PM
#330
Gets Weekends Off
Joined APC: Jul 2007
Position: 756 left
Posts: 766
And chances are we'll both have to make the same choices over the next 20 years of our careers. But don't let that change your perspective on what we have now. Most of us are 1%'ers. Nothing wrong with that, but the majority of the country has a lot more things to worry about on a daily basis than we do.
You have to make north of 600K to be in the 1%. We're not in the 1%. You could double most of our incomes and we still wouldn't be in the top 1% And the majority of workers in this country don't carry the same level of responsibility that pilots do. Not even close. Have more respect for your profession.
Thread
Thread Starter
Forum
Replies
Last Post
