2015 AMT Discussion

[Buck]

More misinformation.
 
Told you that NMB wasnt going to have a vote, after I found out, followed by Weaasles.
 
Gee, what happened to your high level contacts that said the NMB would have nothing to do with the Association, gee, who certified the Association?
That would be the NMB, shall I go back and post all your posts about how you stated the NMB told you they wouldnt be involved?
 
Once again, you post misinformation and get called out.

Perhaps the AFL-CIO flexed some of it's political muscle so the Obama administration could have the NMB break traditional rulings ? 

 

[Buck]

Neither of us knew for a 100% certainty that the NMB would rule that a vote wasn't needed. We just both did the one thing that most didn't do, read the filing by the two Unions to the NMB. That filing argued that a vote was unnecessary since both Unions already represented a majority of the classes and crafts and a new Union wasn't being formed. 

Understandably many were miffed that they weren't given a choice if they wanted dual representation before it was filed. But when I hired on I also wasn't given a choice if I wanted Union representation and particularly represented by the TWU. Since I took the job obviously I was ok with it and since no one has had a successful card drive within my group to change that, we continue on forward I guess. 

Why? If the two unions informed the memberships they would get to vote on the creation of the ASSociation, would they need to sway the NMB against a vote?

 

[WeAAsles]

What so the fund the IAMPF?

Huh? What?
 

Which according to Credit Suisse to be  was funded at 57% in 2012 as a Market ( or Fair ) Value.

I'll let the experts explain the difference market or fair value? I think market means the assumption of average rate of return in the stock market, where's as fair value would mean if it had to pay out everything right now in one shot?
 
Fair Market Value v. Fair Value: What’s the difference and why it matters
Let’s say you need to come up with a value for something – a company, a hard asset, intellectual property, shares of stock. The measure is often Fair Market Value or Fair Value – two terms that get treated as if they are identical. Except Fair Market Value and Fair Value are not identical and their differences matters. So, let’s answer the question:

http://www.profitandlaws.com/fair-market-value-v-fair-value-whats-the-difference-and-why-it-matters/
 

 

[WeAAsles]

Why? If the two unions informed the memberships they would get to vote on the creation of the ASSociation, would they need to sway the NMB against a vote?

How did they sway anyone if it's how the rules were written? You still are not getting it.

 

[Buck]

You dont, the NMB Certified the Association, you clearly stated over and over the NMB would have nothing to do with it, yet they did.
The minute I found out there would be no vote, I told you specifically, "you will surprised what will happen now."
 
And you accuse others of acting like WT, and you are doing the same.
 
And DFR is only for when the union doesnt represent the member under the CBA, explain how the Association is a DFR case.

So you are telling this forum that the Association, which was created without a vote from the memberships that the ASSociation does not have to follow Federal Law under the Railway Labor Act or what? Please explain how the ASSOciation does not have to adhere to the same rules as a union. 

 

[WeAAsles]

So you are telling this forum that the Association, which was created without a vote from the memberships that the ASSociation does not have to follow Federal Law under the Railway Labor Act or what? Please explain how the ASSOciation does not have to adhere to the same rules as a union. 

Railway Labor Act? Ok you're getting confused again. NMB, "National Mediation Board"
 
The board was established by the 1934 amendments to the Railway Labor Act of 1926 and is headed by a three-person panel of Presidential appointees.
NMB programs provide an integrated dispute resolution process to meet the statutory objective of minimizing strikes and other work stoppages in the airline and railroad industries. The NMB's integrated processes specifically are designed to promote three statutory goals:

• The prompt and orderly resolution of disputes arising out of the negotiation of new or revised collective bargaining agreements;
• The effectuation of employee rights of self-organization where a representation dispute exists; and
• The prompt and orderly resolution of disputes over the interpretation or application of existing agreements.

Under the Railway Labor Act, an airline or railroad union contract does not expire; it remains in force and amendable until a new contract is ratified by the union members, or until either side exercises "self-help," which could be a strike by employees or a lockout by management. Before this can happen, the NMB-appointed mediator must declare an impasse in negotiations, which starts a 30-day cooling off period, during which negotiations continue. Once the 30-day period has passed, either side is free to exercise self-help, unless the President authorizes a Presidential Emergency Board. Congress also has the power to impose a contract, although this has rarely happened in recent years.

https://en.wikipedia.org/wiki/National_Mediation_Board

 

[700UW]

LOL

 

[Buck]

Railway Labor Act? Ok you're getting confused again. NMB, "National Mediation Board"
 
The board was established by the 1934 amendments to the Railway Labor Act of 1926 and is headed by a three-person panel of Presidential appointees.
NMB programs provide an integrated dispute resolution process to meet the statutory objective of minimizing strikes and other work stoppages in the airline and railroad industries. The NMB's integrated processes specifically are designed to promote three statutory goals:

• The prompt and orderly resolution of disputes arising out of the negotiation of new or revised collective bargaining agreements;
• The effectuation of employee rights of self-organization where a representation dispute exists; and
• The prompt and orderly resolution of disputes over the interpretation or application of existing agreements.

Under the Railway Labor Act, an airline or railroad union contract does not expire; it remains in force and amendable until a new contract is ratified by the union members, or until either side exercises "self-help," which could be a strike by employees or a lockout by management. Before this can happen, the NMB-appointed mediator must declare an impasse in negotiations, which starts a 30-day cooling off period, during which negotiations continue. Once the 30-day period has passed, either side is free to exercise self-help, unless the President authorizes a Presidential Emergency Board. Congress also has the power to impose a contract, although this has rarely happened in recent years.

https://en.wikipedia.org/wiki/National_Mediation_Board

I am not confused. I am asking you a question. You asked me to ask questions Does the ASSociation have to adhere to the same rules as the unions it is made of?

 

[700UW]

Go read the NMB Representational Manual, that governs organizing and union votes.

 

[Buck]

Huh? What?
 

I'll let the experts explain the difference market or fair value? I think market means the assumption of average rate of return in the stock market, where's as fair value would mean if it had to pay out everything right now in one shot?
 
Fair Market Value v. Fair Value: What’s the difference and why it matters
Let’s say you need to come up with a value for something – a company, a hard asset, intellectual property, shares of stock. The measure is often Fair Market Value or Fair Value – two terms that get treated as if they are identical. Except Fair Market Value and Fair Value are not identical and their differences matters. So, let’s answer the question:

http://www.profitandlaws.com/fair-market-value-v-fair-value-whats-the-difference-and-why-it-matters/
 

Thanks for the edit...
 
Which expert, 700?
 
what about:
 
Actuarial Value:
 
It's not enough to know the value of the fund's assets today or tomorrow. Plan administrators need to know what the value will be when the assets are needed, which is more difficult to determine. The assets in your plan's portfolio will fluctuate in value from one day to the next, so the administrators must calculate what's called "actuarial value," which is an average value for the assets, over a given period of time. These values are calculated by specialists called actuaries, skilled in analyzing statistical data. They review this actuarial value to determine whether it will meet the plan's future obligations.
 
I have ask your expert, 700, to define the difference for a few months now and now you are going to defend him instead?

 

[WeAAsles]

Go read the NMB Representational Manual, that governs organizing and union votes.

700 can you find the determination on the link for me please to post once again that I think was around 40 pages or so? I must have put it up 10 times or so in the past.

I'm heading out to Baskin Robbins.

http://www.nmb.gov/

 

[Buck]

Go read the NMB Representational Manual, that governs organizing and union votes.

Really, where is the Fleet Service chapter?

 

[WeAAsles]

 
Thanks for the edit...
 
Which expert, 700?
 
what about:
 
Actuarial Value:
 
It's not enough to know the value of the fund's assets today or tomorrow. Plan administrators need to know what the value will be when the assets are needed, which is more difficult to determine. The assets in your plan's portfolio will fluctuate in value from one day to the next, so the administrators must calculate what's called "actuarial value," which is an average value for the assets, over a given period of time. These values are calculated by specialists called actuaries, skilled in analyzing statistical data. They review this actuarial value to determine whether it will meet the plan's future obligations.
 
I have ask your expert, 700, to define the difference for a few months now and now you are going to defend him instead?
 

 
Fair Market Value v. Fair Value: What’s the difference and why it matters
Let’s say you need to come up with a value for something – a company, a hard asset, intellectual property, shares of stock. The measure is often Fair Market Value or Fair Value – two terms that get treated as if they are identical. Except Fair Market Value and Fair Value are not identical and their differences matters. So, let’s answer the question:

http://www.profitand...why-it-matters/

 

[WeAAsles]

Really, where is the Fleet Service chapter?

Huh? What? Again.

 

[WeAAsles]

I am not confused. I am asking you a question. You asked me to ask questions Does the ASSociation have to adhere to the same rules as the unions it is made of?

http://www.twu.org/Portals/0/TWU-IAM-Joint-Council.pdf