American Airlines and Labor Negotiations

[WeAAsles]

That’s nice, but it doesn’t change the fact that people switch jobs much more than we did.

That’s because they’re FORCED to because most unskilled low education jobs don’t pay enough today to survive on.

Look, I get that you might feel insecure about your lack of education. I’m trying to tell you we have more power than you might think.

Not insecure at all. I have a Union and an enforceable Labor agreement. I have no need to feel insecure in my mind but you don’t seem to face reality too well.

You have zero power if you don’t have a highly marketable education and trade under your belt. Without those you won’t even make it past the front door for an interview. Your resume will be chuckled at before it’s chucked in the pail.

When was the last time BTW you considered porting yourself? You’re not porting anywhere.

 

[PIEDMONT784]

Perhaps you don’t realize that your 401K is also not meant to be ported all over the Country or to be thought of as a personal Bank account to borrow from on a whim.

It’s meant to be an accumulation of “assets” to provide security in your old age. In Europe they actually have a different name for them than they do here in the States. In the States they’re called “Retirees” in Eorope they call them “Pensioners”

Even Morrissey himself though sang it best when he was talking about the merits of a 401K against a Pension. There should be no arguments.

Weez... you're wasting your time with Tim. He will parrot all of the pro-corporation talking points, as if they were lifted directly from the Limbaugh/Hannity show...
Incidentally, Rush is union member! http://www.abovetopsecret.com/forum/thread666143/pg1

 

[PIEDMONT784]

He can’t because there isn’t any

He's waiting on Tim to post the last offer first... they made a deal...

 

[Kev3188]

Perhaps you don’t realize that your 401K is also not meant to be ported all over the Country or to be thought of as a personal Bank account to borrow from on a whim.

Yep. But if anyone leaves their co pant, they can take it with them, and continue to grow it. Can’t do that with a DB plan...

P.S. I used to really like the Smiths, but never got into Morrissey’s solo stuff.

 

[Kev3188]

That’s because they’re FORCED to because most unskilled low education jobs don’t pay enough today to survive on.

Not insecure at all. I have a Union and an enforceable Labor agreement. I have no need to feel insecure in my mind but you don’t seem to face reality too well.

You have zero power if you don’t have a highly marketable education and trade under your belt. Without those you won’t even make it past the front door for an interview. Your resume will be chuckled at before it’s chucked in the pail.

When was the last time BTW you considered porting yourself? You’re not porting anywhere.

I’m in a line station. I consider the “what if’s” a lot. And FWIW, I can fall back on a degree or other certifications/trades if I need to, but that wasn’t my point....

Look, you can’t keep posting about how set you are and then post about how powerless you are. Pick one. I’m trying to tell you that you (we all) have ways to navigate this economy and thrive, but you seem to want to stay in your comfort zone.

 

[WeAAsles]

Tell Congress to Save Multiemployer Pensions, Support the Butch Lewis Act
IMAIL
February 7, 2019






Save

The Machinists Union is fighting to save troubled multiemployer pension plans while fully protecting the earned and vested benefits of current and future retirees. While the IAM pension plan is financially sound, the Pension Benefit Guaranty Corporation (PBGC) estimates that over 100 multiemployer pension plans, covering more than 1 million participants, are in “critical and declining status” and will become insolvent within the next 20 years.

The best solution to accomplish this goal is to pass the Rehabilitation for Multiemployer Pensions Act of 2019 (H.R. 397), better known as the Butch Lewis Act.

Here’s how you can take action:

1) Use our online form to tell your Representative to co-sponsor the Butch Lewis Act

2) Call your Representative at (202) 224-3121 to urge them to co-sponsor the Butch Lewis Act

Read the IAM’s letter to Congress supporting pension reform.

The Butch Lewis Act, introduced by Rep. Richard E. Neal (D-MA), would offer federally subsidized loans to multiemployer plans in danger of becoming insolvent. It would also maintain the health of well-funded multiemployer plans and adequately fund the PBGC, without making any cuts to the earned benefits of current or future retirees. Plans would invest the money from these loans and use the investment earnings to pay retiree benefits and improve the plan’s financial health.

“In the wake of the Multiemployer Pension Reform Act of 2014, a brutal scheme to steal the pension promises made to retirees, the Rehabilitation for Multiemployer Pensions Act provides a much-needed correction and remedy,” said Machinists Union International President Robert Martinez Jr. “This legislation will work to lift troubled multiemployer plans out of their financial hole while maintaining the financial integrity of the PBGC. Most importantly, the Rehabilitation for Multiemployer Pensions Act provides a pathway to accomplishing these venerable goals without stealing from retirees, workers, and their families.”

https://www.goiam.org/news/tell-congress-to-save-multiemployer-pensions-support-the-butch-lewis-act/

 

[WeAAsles]

I’m in a line station. I consider the “what if’s” a lot. And FWIW, I can fall back on a degree or other certifications/trades if I need to, but that wasn’t my point....

Look, you can’t keep posting about how set you are and then post about how powerless you are. Pick one. I’m trying to tell you that you (we all) have ways to navigate this economy and thrive, but you seem to want to stay in your comfort zone.

And you again have severe problems with accepting that others don’t agree with your point of view particularly in this area.

I believe in a multi leg approach to finances and you support sawing off one of my legs because you I guess got burned in the past on Pensions.

I like having my:

Pension
401K
Social Security
Property
Semi Health and
Flexibility

I still stand with the idea that I wouldn’t have minded considering the IAMPF as maybe even another leg for my Retirement chair. But the fear mongers may be winning the battle against me having that choice?

BTW I’m just curious here. How many cities have you worked in and moved to?

 

[WeAAsles]

Forget about March then, unless its 2025

Well I do base my retirement accounts long term ok what I’m making at this moment and not what I might make in the future. I had to start doing that back when I was only making $21.00 per hour.

Now I’m forecasting it off near $31.00 per hour.

It’s a smarter way of saving rather than living off presumptions. (And I modify as needed)

 

[Kev3188]

For NW/DL: 3 cities, 5 total moves.

 

[WeAAsles]

For NW/DL: 3 cities, 5 total moves.

That’s not too bad. How many by choice?

3 cities, 6 moves. 2 not by my choice.

 

[737823]

Will the Grand Lodge pension take a haircut in solidarity with the dues paying members that will bear the brunt of the IAMNPF?

Not only do the Grand Lodge and District leaders get a cushy pension, they also make enough to fully fund a 401K and Roth IRA unless they indulge on $1200 wine and five start hotels regularly on their own dime.

Josh

 

[Kev3188]

That’s not too bad. How many by choice?

3 cities, 6 moves. 2 not by my choice.

All were voluntary.

 

[GVPSPIAM]

GVP can you post that information from the PBGC?

Even if it does make sense that the PBGC which is essentially an Insurance Company would not want any double dipping.

I stand corrected. You can’t work for the same company.

 

[WeAAsles]

I stand corrected. You can’t work for the same company.

Thank you for the clarification.

 

[Tim Nelson]

Maybe you can interest all 730,000 or so current IAM members to sign some cards for one of your anti-union unions... I would love to see you in the parking lots hawking your goods!
(I'm sure they would as well!)

you guys dont understand. Keep standing in the parking lots. You guys got a no hitter going.