JCBA Negotiations and updates for AA Fleet. **New and improved 2.0 version**

[JFK Fleet Service]

The company went around the negotiators to appeal to the juniormost members of the workforce with the lure of easy money.These idiots have been here only for the recent hiring boom and relatively fast upgrades to FT.They weren't here for the endless quarterly RIF cycle from '03 to '13,they didn't go through sh!t,but to hear them talk, they deserve top pay because "They paid their dues" already.

This proposal is a slap in the face.I'm offended they're trying to negotiate directly with the workforce and not the representatives of the workforce who have been engaged in negotiations for the last two years.

I would urge all my coworkers to ensure *all* company policies are observed while working.Ensure your safety, that of your coworkers and our passengers.

 

[Insatiable]

Way to go Tim! You should run the IAM fund!

 

[gulfcoast1]

The company went around the negotiators to appeal to the juniormost members of the workforce with the lure of easy money.These idiots have been here only for the recent hiring boom and relatively fast upgrades to FT.They weren't here for the endless quarterly RIF cycle from '03 to '13,they didn't go through sh!t,but to hear them talk, they deserve top pay because "They paid their dues" already.

This proposal is a slap in the face.I'm offended they're trying to negotiate directly with the workforce and not the representatives of the workforce who have been engaged in negotiations for the last two years.

I would urge all my coworkers to ensure *all* company policies are observed while working.Ensure your safety, that of your coworkers and our passengers.

They evidently do not understand they will be the first to be Riffed to other stations or laid off depending on how the no job loss language actually reads.

 

[Tim Nelson]

So how did everyone’s 401k do last year? Oh you made a butt load of money! How did the IAM pension fare with it’s investments? Uh Oh it is underfunded at only 95%! Underfunded and the market made a killing last year. How is that pension going to be funded when the economy has a downturn and the IAM is losing out on 12,000 members contributions from AA. This Ponzi Scheme could be crashing down. But don’t worry when you are retired and have to go get a part time job you will wish you had started that 401k!

Prez never addressed much of what i said about the iamnpf. In addition, prez never talks about our part timers who he blocked from getting 5.5%. Remember, pt only gets 2.5% company contribution then the iam puts a 30% penalty on their benefits. A part timer who has 10 years only gets 7 years credit and gets a monthly pension check of $200+ a month, or one grocery cart. So sad.

 

[Tim Nelson]

Way to go Tim! You should run the IAM fund!

Im not interested in running the fund but it would be nice for the union bosses to educate themselves and hire a professional instead of their pal to run the fund.

 

[Tim Nelson]

Finally Mr Baskett puts out a letter suggesting picketing. Good to finally have him on board with that when he previously mentioned this could be counterproductive. We wont look like jackasses this time but sito still has to sign on.

 

[PIEDMONT784]

Tim,

Don't get me wrong, a 401k plan is a good supplement to your retirement, but even the individuals who came up with the 401k, have said it was meant as a supplement to a pension. The math favors the pension and without a crystal ball, I have to go with math over feelings. Add in the fact that we are being charged for 100% of the members putting in 4% to get the other 4% match, knowing 100% aren't putting in the 4% bothers me. Why would anybody be ok with being charged and letting the company pocket money? Again, I will reiterate, the math favors the pension.

P. Rez

You are correct... every Financial Adviser I have ever spoken with, or used for my personal retirement planning has been elated to discover I have both a defined benefit pension, AND a 401k. The most valuable and stable portion of you retirement funds comes from your Pension and Social Security. The Average American no longer has this luxury.

Around half of the American Workforce will either leave their 401k underfunded, or raid it long before they need it for retirement...

The rest, will never use Financial Advisers, and make ill-informed decisions. They will ride market crashes to the bottom, panic, and swap funds losing their investment funds FOREVER! 401ks were originally created and designed to be SUPPLEMENTS to retirement... not retirement!
Piedmont introduced "Supplemental Retirement Accounts" in the 80's as a precursor to the 401k...

https://www.cnbc.com/2016/09/12/her...american-family-has-saved-for-retirement.html

https://www.theguardian.com/commentisfree/2018/mar/16/death-retirement-striking-lecturers-pensions

A pension is a luxury you do not want to lose!

>SPIT<

 

[bob@las-AA]

Well, honestly, it's really not that much and yes I travel and enjoy the finer things in life. Of course, I'm getting double time as well. But any LUS topped out ramper will be around $100,000 if he only work 12 hours on his first day off. Not sure what you are talking about? And yes, we do have a few who may approach $200,000. But I've had some $8,000 gross checks when the double time was readily available (holiday season, spring break, some summer days, sick coverage, etc). Not sure what you are talking about but working around the clock is well above $150,000+.

But, if someone really did work around the clock (Double every day) with no overtime and wasn't a lead, that would be $180,000. Not adding in holiday pay, profit sharing, bonus', or anything.

We have people here who you hosed with your last TWU contract that knocked people out of their station. So they live at the airport in their campers in the lot and take showers in our lockerrooms and do in fact work around the clock.

To get to $100K, ( $100,009.26, to be exact) a person need to work a extra 1166 hours on top of the 2080 hours in a year, working only the 12 hours on the first day off would only yield a extra 624 hours, making it a yearly income of $83,310.20, all examples are at straight time.

 

[bob@las-AA]

Well, honestly, it's really not that much and yes I travel and enjoy the finer things in life. Of course, I'm getting double time as well. But any LUS topped out ramper will be around $100,000 if he only work 12 hours on his first day off. Not sure what you are talking about? And yes, we do have a few who may approach $200,000. But I've had some $8,000 gross checks when the double time was readily available (holiday season, spring break, some summer days, sick coverage, etc). Not sure what you are talking about but working around the clock is well above $150,000+.

But, if someone really did work around the clock (Double every day) with no overtime and wasn't a lead, that would be $180,000. Not adding in holiday pay, profit sharing, bonus', or anything.

We have people here who you hosed with your last TWU contract that knocked people out of their station. So they live at the airport in their campers in the lot and take showers in our lockerrooms and do in fact work around the clock.

And this one is for pure entertainment, to get that $8,000.00, gross check, you claim, you would have to work not only all of your full time hours in a 80 hour period, you would have to also have to work a additional 180 hours in that same period at double time, that's a 7.5 hour shift, 6 days a week all at double time. I don't believe you for a second.

 

[WeAAsles]

And this one is for pure entertainment, to get that $8,000.00, gross check, you claim, you would have to work not only all of your full time hours in a 80 hour period, you would have to also have to work a additional 180 hours in that same period at double time, that's a 7.5 hour shift, 6 days a week all at double time. I don't believe you for a second.

Did you also see that he made $145,000 in his 401k last year.

 

[Tim Nelson]

You are correct... every Financial Adviser I have ever spoken with, or used for my personal retirement planning has been elated to discover I have both a defined benefit pension, AND a 401k. The most valuable and stable portion of you retirement funds comes from your Pension and Social Security. The Average American no longer has this luxury.

Around half of the American Workforce will either leave their 401k underfunded, or raid it long before they need it for retirement...

The rest, will never use Financial Advisers, and make ill-informed decisions. They will ride market crashes to the bottom, panic, and swap funds losing their investment funds FOREVER! 401ks were originally created and designed to be SUPPLEMENTS to retirement... not retirement!
Piedmont introduced "Supplemental Retirement Accounts" in the 80's as a precursor to the 401k...

https://www.cnbc.com/2016/09/12/her...american-family-has-saved-for-retirement.html

https://www.theguardian.com/commentisfree/2018/mar/16/death-retirement-striking-lecturers-pensions

A pension is a luxury you do not want to lose!

>SPIT<

Tell that to the iam which keeps cutting my benefits. Tell that to congress as well.
Look, this isnt a normal defined benefit. This is a multi employer which has different rules and tons less guarantees. Due to the condition, the best we can hope for is $34 month or $640 after 20 years. Deal me out!

 

[bob@las-AA]

Well, honestly, it's really not that much and yes I travel and enjoy the finer things in life. Of course, I'm getting double time as well. But any LUS topped out ramper will be around $100,000 if he only work 12 hours on his first day off. Not sure what you are talking about? And yes, we do have a few who may approach $200,000. But I've had some $8,000 gross checks when the double time was readily available (holiday season, spring break, some summer days, sick coverage, etc). Not sure what you are talking about but working around the clock is well above $150,000+.

But, if someone really did work around the clock (Double every day) with no overtime and wasn't a lead, that would be $180,000. Not adding in holiday pay, profit sharing, bonus', or anything.

We have people here who you hosed with your last TWU contract that knocked people out of their station. So they live at the airport in their campers in the lot and take showers in our lockerrooms and do in fact work around the clock.

 

[Tim Nelson]

To get to $100K, ( $100,009.26, to be exact) a person need to work a extra 1166 hours on top of the 2080 hours in a year, working only the 12 hours on the first day off would only yield a extra 624 hours, making it a yearly income of $83,310.20, all examples are at straight time.

In your scenerio that is true. I was pointing out that someone doesnt have to work around the clock for $100,000. Only 12 hours overtime on their first day off is needed, provided they already worked their 40. Its less for LAA.

 

[Tim Nelson]

And this one is for pure entertainment, to get that $8,000.00, gross check, you claim, you would have to work not only all of your full time hours in a 80 hour period, you would have to also have to work a additional 180 hours in that same period at double time, that's a 7.5 hour shift, 6 days a week all at double time. I don't believe you for a second.

You dont read to well. Kindly go back and reread what i said. Yes ive had a couple 8,000 checks. Key word I used was holiday. But i still dont know what your fuss is?
When the overtime is hot, its easy to do. Just add up the following hours and rate. 16x5 regular hours. 8 x 1.5. 24 x 2.0. Thats 4,300 a week.

 

[737823]

Did you also see that he made $145,000 in his 401k last year.

View attachment 12570

With a healthy principal balance invested in good mutual funds that’s not far fetched.

Josh