It's time to sign a AMFA card

[700UW]

Hey Josh,
 
Enlighten us about how an alleged JP Morgan employee is so up in the IAM, TWU, AA and US?
 
Anything the EC gets are voted on by the membership every four years.
 
Keep up the BS.
 
We are talking about the IAMNPF.
 
Keep up the lies and misinformation, you are pathological and obsessed get help.

 

[737823]

I challenge you find a single post where I said I work for JPM.

How am I all up on AA, US, IAM, and TWU as you say but then state I have all misinformation. Which is it?

You are obtuse, I ask simple questions you don't like and refuse to answer.

Josh

 

[Tim Nelson]

Nope, M&R and MTS have only been in the IAMNPF since 2008, Fleet has been in it since 2002 I believe, they are under different parameters and conditions than Fleet.
 
So keep lying josh, you are getting to the pathological point.
 
And nothing has been done to fleet's accrued benefits and they are in negotiations, so they are negotiating in regards to the pension to get future benefits increased for fleet.
 
Keep up the lies and misinformation, I will call you out EVERY single time.
 
So call up Gerry and ask him for the right information so you dont look like a fool.

The problem is that the IAM is hellbent on taking money away from our basic wage and shifting more into the IAMPF as opposed to a 401k where the IAM or any 3rd party could be cut out. Your boy Tommy Reagon is telling folks that he is sorry that the IAMPF had to slash the future benefits but the sacrifices had to be made to push things in the green.  And he is also telling them that the way this gets fixed and restored is to detour more money into it so the multiplier can be higher.  Why?  So the IAM can just slash future benefits?  How much more money should the company detour away from wages to dump into the IAMPF coffers hands?   How do they say, "Fool me once....."
 
I'm stuck with the IAMPF but I don't believe our current members have to detour more wage money into the IAMPF just to keep some retiree's benefits in tact.

 

[Tim Nelson]

Hey 700 enlighten us on the pension Buffy, Roach, Sito and O'Driscoll live off. They reward themselves richly while the membership gets a pathetic multiplier that is unlivable. It's clear IAMNPF is about keeping people in the union to maintain dues flow. Because if a work group leaves the IAM they leave IAMNPF.

Josh

Buffenbarger's pension is over $150,000. Paid for by us active IAM members!
 
Why on earth would any TWU person want to get money detoured into the IAMPF? In negotiations, the focus of negotiators should be on advancing the benefits, wages, scope of the members.  When the IAM gets single focused on desperately trying to shift wages/benefits into the IAMPF, that is inappropriate.

 

[737823]

Buffenbarger's pension is over $150,000. Paid for by us active IAM members!
 
Why on earth would any TWU person want to get money detoured into the IAMPF? In negotiations, the focus of negotiators should be on advancing the benefits, wages, scope of the members.  When the IAM gets single focused on desperately trying to shift wages/benefits into the IAMPF, that is inappropriate.

Of course 700 would never answer the truthfully thanks Tim.

Josh

 

[700UW]

The truth?
 
You have no idea what the truth is, and just because your idol Tim states it doesnt mean its true.
 
Have time provide the facts, you know he is another who isnt honest, thats why you like him.
 
And the head of AMFA got over a $500,000 when he retired in a lump sum.

 

[737823]

Then refute what he posts. Oh wait you can't. Tim calls a spade a spade and unlike you isn't consumed in the "IAM can do no wrong" doctrine, he engages in a factual discussion rather than attacking people and calling them names and uneducated. In your mind anyone who doesn't see things the way you see them is uneducated.

Josh

 

[Tim Nelson]

Then refute what he posts. Oh wait you can't. Tim calls a spade a spade and unlike you isn't consumed in the "IAM can do no wrong" doctrine, he engages in a factual discussion rather than attacking people and calling them names and uneducated. In your mind anyone who doesn't see things the way you see them is uneducated.

Josh

Actually, I wouldn't even be thinking of Buffenbarger's huge pension if he did his job.  My reference was to his grand lodge pension.  He has another pension as well from his previous employer who he was still collecting while on union leave.  So, at the end of the day, I'm sure Buffy will have over $200,000 a year when he retires.  Again, that's the least of my worries though, we have to reform this union.  It's not right that every member of the IAM also has to pay a Buffenbarger son tax of $1 a year.  Buffenbarger's son was appointed and brought in over $200,000 himself, much more than even our attorneys.  Being elected is one thing and hording money, but being appointed and racking in over $200,000 on the LM2 sheet because of your old man is ridiculous when it's on the back of working people.  These guys don't give a **** about working people. Bottom line.

 

[WeAAsles]

Buffenbarger's pension is over $150,000. Paid for by us active IAM members!
 
Why on earth would any TWU person want to get money detoured into the IAMPF? In negotiations, the focus of negotiators should be on advancing the benefits, wages, scope of the members.  When the IAM gets single focused on desperately trying to shift wages/benefits into the IAMPF, that is inappropriate.

Sorry guys I have to agree with Tim on this one. Many of us have already looked into the idea's behind Union Pension plans including the IAMPF. Speaking for myself I'm just not interested. I'd prefer to be paid a higher wage with a higher 401k match percentage personally. I have my own retirement to worry about and would prefer not to be propping up someone else's retirement with a reduced rate and having to rely on future new union members to keep mine aloft. The declining union rate in the US alone gives me much pause for concern.

Thank you for the offer though.

 

[1AA]

Sorry guys I have to agree with Tim on this one. Many of us have already looked into the idea's behind Union Pension plans including the IAMPF. Speaking for myself I'm just not interested. I'd prefer to be paid a higher wage with a higher 401k match percentage personally. I have my own retirement to worry about and would prefer not to be propping up someone else's retirement with a reduced rate and having to rely on future new union members to keep mine aloft. The declining union rate in the US alone gives me much pause for concern.

Thank you for the offer though.

I agree but I wish our 401K was a contribution instead of a match. 5.5% match is a good supplement to a defined pension that we had up to the point it was frozen. 

 

[swamt]

Just some FYI's.
 
No union should be in control of your pensions--PERIOD.  Unions want the control so they can threaten the membership that they will lose it if they vote current union out and new union in (current situation at US).
 
The Pension at US has in fact started reducing benefits.  Yea, 700, maybe not in the M&R groups yet but they have in fact reduced benefits and that will be just a start.  We have all sat here and watched all the airlines squirm their way out of the pensions.  US/AA will be no different when it comes time, and I will tell you now the pensions are more than likely gone at US.  Do you really think AA will continue to fund them as they just ridded themselves of the AA pensions, or at least froze them?  When it's all said and done and AA and US are considered one, there will be no more pension payments at AA.  Therefore the US guys need not to be worried about changing unions.  Plus as long as it's in the contract the new union (AMFA) would still have to honor said pensions as all they will do is INHERIT the current contract and still represent everything in the current contract as status quo.
 
I also do not agree with a union running the pensions as the international get's different payouts than the membership does, JUST LIKE, the international officers get different pay scales as the members.  All this is dead wrong guys.  With the international's wages not affected by the concessions trains, why wouldn't they agree to all the concessions since it does not affect them.  If you guys were to tie there pay as well as the pensions the same as the members are it would illuminate most of the agreeing to concessions like we all saw at AA all the time.   Don't get me wrong, international officers should get paid more, but a small % to reflect the work performed not 3 times the members wages, not 3 times the pension payout of members, that's way too much and draws nothing but money hungry representatives to the union not hard working, work related and member focused leaders,  (I GOT MINE).
 
The teamsters pensions should have raised every ones eyes.  Then AA promised to keep all the pensions as long as all the employees agreed to the pay cuts, job losses, and all the other concessions, just to later down the road trash the pensions, cut pay again and cut even more jobs and positions.    WHAT MAKES YOU GUYS THINK THEY WILL HONOR THE US PENSIONS???
 
On a final note;   You guys at AA and US need to get on the same page and rid yourselves of the industrial unions at both AA and US.  Bring the union that allows the members to change leaders when they need to (this was done at SWA as proof that you are able to do it),  It was done at local officers levels as well as done at the top National Officers were removed and replaced.  The Membership CANNOT do that at any of the other industrial unions--PERIOD.  Bring in the union that allows and encourages contract nego's as well as other nego's with the company, watch your union at work.  Bring in the union where the membership will make the most decisions that affect the entire membership.  Bring in the union that focusses on mechanics and related, and get all the other non-essentials off your coat tails.  We've done it here at SWA many many years ago guys and we have not been more happier.  Yes we were nervous at first but extremely glad we did it after just a short time we realized how big the differences were.   I wish you all good luck at both AA and US.  It's time for change, and I hope you guys get it done in 2014...

 

[700UW]

Do you not understand the IAMNPF?
 
Its not controlled by the IAM, I have posted numerous times on the fund and how it is run.
 
It is a separate entity from the IAM and it made up of a board from the employers who participate and the IAM.
The board elects a trustee who overseas the plans.
 
It is quite clear SWAMT that you dont understand the difference between a single employer plan vs a multi-employer plan.
 
US doesnt control the plan nor does AA nor will it.
 
They contribute a dollar amount per hour for each employee in the plan.
 
AA nor US cant get out of paying for it without it being a major dispute, it is contractual language and AA nor US can terminate or freeze it as they dont control it.  And they under the law have to pay for it, and neither AA nor US are in bankruptcy so they cant force concessions upon the members.
 
It is contractual language, they have to pay it, you all really need to educate yourself.
 
You people amaze me you can fix Hundred million dollar airplanes yet you all think you are lawyers, accountants and pension experts and you all have no clue.

 

[1AA]

Do you not understand the IAMNPF?
 
Its not controlled by the IAM, I have posted numerous times on the fund and how it is run.
 
It is a separate entity from the IAM and it made up of a board from the employers who participate and the IAM.
The board elects a trustee who overseas the plans.
 
It is quite clear SWAMT that you dont understand the difference between a single employer plan vs a multi-employer plan.
 
US doesnt control the plan nor does AA nor will it.
 
They contribute a dollar amount per hour for each employee in the plan.
 
AA nor US cant get out of paying for it without it being a major dispute, it is contractual language and AA nor US can terminate or freeze it as they dont control it.  And they under the law have to pay for it, and neither AA nor US are in bankruptcy so they cant force concessions upon the members.
 
It is contractual language, they have to pay it, you all really need to educate yourself.
 
You people amaze me you can fix Hundred million dollar airplanes yet you all think you are lawyers, accountants and pension experts and you all have no clue.

Sorry if we can not all be jackA$$ of all trades such as yourself. Kind of makes me wonder why you still get all huffy and puffy on your replies considering you no longer work for USAir.

 

[700UW]

Your own posts show your lack of knowledge.
 
If you want to look ignorant, so be it.
 
You dont want to educate yourself and you all think US or AA can do whatever they want, well they cant.
 
Education and Knowledge equal power, try it some time.
 
When are you going to admit you dont understand the difference of a single employer plan vs a multi-employer plan?
 
When are you going to stop posting misinformation?

 

[737823]

And you are a legal and financial planning expert because you tools few courses at WWW and served on a bankruptcy negotiating commitee?

Josh