Changing to American branding

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WorldTraveler said:
Your correction is noted... but it doesn't change that it was not me who injected DL into the discussion was it?

there won't be an apology, Kevin.
 
I was using DL-NW as an example of how a rebranding occurred and how AA-US might handle their rebranding.  Note that I also used US-HP in the same post.  My 1-2 sentence "injection" of DL doesn't compare to how often you inject DL into every thread, shift the thread's purpose, and write at length about how DL is so much better than every other carrier.  I merely stated that DL-NW handled its rebranding well (IMHO) and might be a model that AA-US follows.
 
but you included DL nonetheless. And it was responded to by other posters who added their own DL related comments.

Pensions were thrown in too by others.

And I responded by noting that the definition of pensions that one of the most prolific members of this forum is using is incorrect.

I'm happy to let you talk about rebranding if that is what you want to talk about.

But if the discussion goes off in directions and includes factually incorrect information or makes assertions that are opinion (such as how the DL/NW merger integration process went), I will answer with fact.
 
A 401k is not a pension, its a retirement savings account that you have you contribute to.
 
A Defined Benefit Plan is not money out of the employees pay check, its totally company paid and protected by the PBGC, you cant say the same about a 401k.
 
You really need to educate yourself and making yourself look like a fool when you try and make others look foolish.
 
you are wrong, 700.

Defined contribution plans are most certainly considered pensions.

And 401k plans most certainly do include employer funded contributions.

Again, the fact that you are negotiating for employees (or did) and are so incredibly ignorant of the way pension systems work is absolutely frightening.

We would think that a labor negotiator would know what the Dept. of Labor says, but you clearly don't.

Here is what they say:
The Employee Retirement Income Security Act (ERISA) covers two types of pension plans: defined benefit plans and defined contribution plans.
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.
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http://www.dol.gov/dol/topic/retirement/typesofplans.htm

You might also want to check with the IRS. They use the term pension to cover a whole lot more than just DB plans.

But I guess the DOL and IRS don't know what the term means, right?
 
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