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

[Tim Nelson]

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

Josh

He just is a moron. He never shuts up.

 

[WeAAsles]

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

Josh

 

[Tim Nelson]

Go away

 

[bob@las-AA]

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.

You made a statement to the effect and I quote

"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)"

Do we not receive a check every 2 weeks?
And just for showing up that's 80 hours without and fluff right?

Well then please enlighten me on how I should read into that quote above from your statement, sure reads like you got some $8000 dollar checks, every two weeks to me.

 

[Tim Nelson]

You made a statement to the effect and I quote

"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)"

Do we not receive a check every 2 weeks?
And just for showing up that's 80 hours without and fluff right?

Well then please enlighten me on how I should read into that quote above from your statement, sure reads like you got some $8000 dollar checks, every two weeks to me.

I just did the math for one week. For 2 weeks juxt x 2 and you get $8700.

Yes i got an $8,000 check. It obviously was the exception. Normally $5,000 over 2 weeks. Not too difficult to do. Sometimes I bag multiple 19 hour days as well.

 

[WeAAsles]

Go away

I’ve decided to join the push to help assist you in continuing with the IAMPF. As a matter of fact I think it’s an imperative to push the Company into deferring as much of your compensation into that trust as possible to keep it healthy.

It’s obvious through your dramatically successful personal 401k investment strategy that you don’t need a match of any kind being diverted away from your other stool leg (IAMNPF)

Unfortunately it looks as if I may have to go singularly into only that 401k Match option if we can’t get the company to acquiesce some?

Knowing you’ll have the security of a blessed Retirement is all the comfort I need though Tim.

 

[Traymark]

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?

Then why don't you negotiate a "CONTRIBUTION" that at least equals what our own Flight Attendants got (9.9%)?
[5%] is piss poor and falls way short given the companies improved financial position just since they agreed to give the FA's a 9.9% contribution. It should be at least 10%contribution(the pilots got 16%)
Obviously, there's more work to do on this issue...

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%

And the updated report is due out next month, prepare for more bad news IAMPFer's

BTW I think offering only 9% in exchange for the Company to essentially buy out their obligation to continue on funding the IAMPF is not a sufficient exchange.

We agree here Wee. See above ...^^^

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.

Agree, bush league move by the Company. Come on Doug, you can and should do better...

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.

^This cannot be emphasized enough.^

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

What does that have to do with anything? Those are personal choices.
While we're talking about choices people make, lets talk about all the people in the company that choose to live unhealthy lives, never work out, abuse drugs and alcohol, smoke, eat all the wrong foods and super size every meal until they have to cart their arse around in a jazzy waiting for diabetes and the inevitable heart attack, they get to do so unencumbered.
The rest of us that do live as healthy as we can pay for the increased health insurance costs to cover their poor decisions.

I'll take the 401K over the failed IAMPF, it's not even a close call.
The contribution needs to be much higher than 5%, that isn't even close to where it needs to be.
The Flight Attendants got better language in worse economic conditions.

Any of those still trying to make the argument for the IAMPF , stop it, your arguing to save the Titanic.
It's in 2 pieces at the bottom of the ocean, that ship cannot be saved, nor should it be.
Now, let's get the contribution to where it needs to be for the 401K.

 

[WeAAsles]

Traymark you need to stop with the not full story behind that 9.9% the FA’s negotiated.

You know because I’ve posted it many times before that it has a drop dead date where all revert back to the same 5.5% we currently get.

The only people who got the 9.9% (For 5 years) were those on DOS who were over 50 years old. The rest below had it tiered where new hires got the least.

P. Rez is not an idiot and knows full well what the FA group had negotiated.

And I’m not posting the damn link again if you’re only going to keep coming back and pretending you have no clue about the truth on it.

 

[Traymark]

The only people who got the 9.9% (For 5 years) were those on DOS who were over 50 years old. The rest below had it tiered where new hires got the least.

And as I've said in response every time, that covers over 80% of the workgroup.
It's still better language than what was proposed.
We are in a much better financial position, we should get better language now.

edit:
pilots got 16% contribution
FA's 9.9%
we should be somewhere between

 

[WeAAsles]

Then why don't you negotiate a "CONTRIBUTION" that at least equals what our own Flight Attendants got (9.9%)?
[5%] is piss poor and falls way short given the companies improved financial position just since they agreed to give the FA's a 9.9% contribution. It should be at least 10%contribution(the pilots got 16%)
Obviously, there's more work to do on this issue...


And the updated report is due out next month, prepare for more bad news IAMPFer's


We agree here Wee. See above ...^^^



Agree, bush league move by the Company. Come on Doug, you can and should do better...



^This cannot be emphasized enough.^



What does that have to do with anything? Those are personal choices.
While we're talking about choices people make, lets talk about all the people in the company that choose to live unhealthy lives, never work out, abuse drugs and alcohol, smoke, eat all the wrong foods and super size every meal until they have to cart their arse around in a jazzy waiting for diabetes and the inevitable heart attack, they get to do so unencumbered.
The rest of us that do live as healthy as we can pay for the increased health insurance costs to cover their poor decisions.

I'll take the 401K over the failed IAMPF, it's not even a close call.
The contribution needs to be much higher than 5%, that isn't even close to where it needs to be.
The Flight Attendants got better language in worse economic conditions.

Any of those still trying to make the argument for the IAMPF , stop it, your arguing to save the Titanic.
It's in 2 pieces at the bottom of the ocean, that ship cannot be saved, nor should it be.
Now, let's get the contribution to where it needs to be for the 401K.

I’ve said it before and I’ll say it again. Yes the funding level for the IAMPF has dropped and if I was a part of the fund that would make me nervous of maybe a future second cut in the promised payouts.

But having 20 Billion currently in the fund BY FAR does NOT mean it’s at the bottom of the Atlantic.

Why don’t we overdramatize just a little bit more shall we.

 

[Traymark]

But having 20 Billion currently in the fund BY FAR does NOT mean it’s at the bottom of the Atlantic.

Lets stay in Realville here Wee, to all the LAA voters, it's dead and gone.

 

[WeAAsles]

And as I've said in response every time, that covers over 80% of the workgroup.
It's still better language than what was proposed.
We are in a much better financial position, we should get better language now.

80%??? What are you kidding? Tons of FA’s have retired since the BK and I see young cuties all up and down the terminals now.

The way the FA’s and Company agreed to structure that deal I can guarantee they paid the same for the FA Group as they did for the TWU groups.

Not to also mention the FA Group is compensated in wages around the same as Fleet in yearly income.

Mechanics make a hell of a lot more than any FA. So they “should” be able to put away more than those groups economically below them.

But yes I did like the tiered deal they negotiated and wish we had done the same.

 

[WeAAsles]

Lets stay in Realville here Wee, to all the LAA voters, it's dead and gone.

Speak for yourself buddy. You’re ONE vote and I’m also only ONE vote.

I’ve said before that I “MAY” be interested in it “IF” it’s offered to me.

And I won’t let any Airline Forums peeps be the ones to influence my Retirement Financial Economic choices.

No one here went to Finance School (Including fake profile Josh)

 

[Traymark]

80%??? What are you kidding? Tons of FA’s have retired since the BK and I see young cuties all up and down the terminals now.

I was referring to how many would be covered in our workgroup by that language.
Point remains, contribution needs to be much higher than 5%.

 

[Tim Nelson]

Lets stay in Realville here Wee, to all the LAA voters, it's dead and gone.

Its more like $12 billion but a $13 billion liability. So its over $1 billion underfunded.

Weez $20 billion is fake.
Weez would definately take the iamnpf since he doesnt understand.
Yes, it is unnecessary for weez to downplay that 9% is < pilots.