JCBA Negotiations and updates for AA Fleet

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BTW Al maybe if you had been organized in 92 your Pension wouldn't have been frozen and you would have gotten another 7 years before your Company flushed it to the PBGC.

Sorry bro.
 
BTW Al maybe if you had been organized in 92 your Pension wouldn't have been frozen and you would have gotten another 7 years before your Company flushed it to the PBGC.

Sorry bro.
Hard to say, once we did organize and became union it took us 5 years to get a contract. Guess the union wasn't in a hurry to get our dues or maybe they got payment other ways. Maybe we should have gone with one of Tim's unions
 
Making this simple this time. I support choice. Particularly choice for the new hire who just started and has 40 years ahead of him.

The World doesn't revolve around us over 50 crowd alone.

Exactly my point! This IAMPF does not affect me unless they try and do the nuclear option
of folding our pension trust into the IAMPF, which "if even possible" would set off a battle in court
that would takes years. I do not want to see our 20 & 30 year old TWU members in thirty years looking at monthly pension benefits 75% less then they were promised. If you say that can't happen then
you are not informed.
 
Exactly my point! This IAMPF does not affect me unless they try and do the nuclear option
of folding our pension trust into the IAMPF, which "if even possible" would set off a battle in court
that would takes years. I do not want to see our 20 & 30 year old TWU members in thirty years looking at monthly pension benefits 75% less then they were promised. If you say that can't happen then
you are not informed.


I "think" we have a better chance of the nuclear option happening over in Korea more myself.

And of course it can happen. Nothing is for sure in life except death. And those 20 and 30 year olds are going to have to make their own way in the World just like you and I did.

Sink or Swim.
 
Hard to say, once we did organize and became union it took us 5 years to get a contract. Guess the union wasn't in a hurry to get our dues or maybe they got payment other ways. Maybe we should have gone with one of Tim's unions


Got a little text of clarity here Al. It took 4 years. And it only took 4 years because you turned an offer down and changed out your Negotiating Committee.

You gummed up your own works a little there.
 
Got a little text of clarity here Al. It took 4 years. And it only took 4 years because you turned an offer down and changed out your Negotiating Committee.

You gummed up your own works a little there.
Text message from the cornfield no doubt, I guess I let the facts get in my way. 4 years is still a long time and we did get a better contract after turning down the first . Perhaps we should do that again
 
Text message from the cornfield no doubt, I guess I let the facts get in my way. 4 years is still a long time and we did get a better contract after turning down the first . Perhaps we should do that again


Not exactly the sharpest comment you've ever made Al, I have to tell ya.
 
Guess I can't count on you to join my "Vote No Coalition" guess I wouldn't if I were in your shoes, but I'm not, I'm in mine


Don't know how I'll vote until I actually have something to READ?

I'll admit I doubt whatever they roll out will entice me to start up a Coalition to bring er down campaign. But who knows?

And BTW one day you're going to bring your old shoes down here to South Florida even if I have to go up there and drag you down. You old coot.
 
Don't know how I'll vote until I actually have something to READ?

I'll admit I doubt whatever they roll out will entice me to start up a Coalition to bring er down campaign. But who knows?

And BTW one day you're going to bring your old shoes down here to South Florida even if I have to go up there and drag you down. You old coot.
Come on Weez you AA dudes would vote no if you had to supply your own gloves or if the bag room temperature wasn't kept at an ambient 72 degrees
 
P Rez is forgetting a little thing called compounding interest that is the basis of any 401k
plan. He is trying to compare apples and oranges.

Actual (Not Assumption)
Employee C is topped out and earns $90,000 per year.
In 1987 Employee C earned $28,000 his first year at AA
Employee C did not believe in a perfect world and felt he needed to
fund his own retirement.
Even at $10 per hr employee C was able to put 5% in his 401k.
Over 30 years employee C was able to increase his contribution %
which also helped lower his income taxes.
And when employee C was able work overtime he found he could increase
his % again. So after 30 years (401K plans are designed long term not ten years)
Employee C is looking at a nest-egg of one mil - + (even after getting hammered by the dot-com bust)

Employee C is a real person who is debt free living in a very comfortable home in a low cost
area of the country, he still has his 25 years earned in his AA pension & SS.

Employee C's point is you cannot compare a 401K and a pension in only a 10 year cycle.


Huh?

Yea, do the math, compounding included.

P. Rez
 
https://www.thestreet.com/story/140...orkers-at-united-and-alaska-subsidiaries.html

Union Says It Organized Ground Service Workers at United and Alaska Subsidiaries


"Airport jobs used to be good jobs that allowed workers to support their families, but over the past 15 years, most contracted airport workers saw their wages stagnate or decline," Kamstra added. "Airport workers are joining together to change that."
"What happened in the airline industry is that back in the 1970s and 1980s, all this work was performed by airline employees," said Sito Pantoja, general vice president of the IAM Transportation Department. "But when the bankruptcies accelerated, the companies said 'we will weaken your scope clause {so} we can farm out the work.'


"Then these companies were able to hire workers at $7 an hour with no benefits."
 
In light of United's good news, only a 57% drop in profits, they were expecting 70% , what can we expect for American. This drop was because of fuel, good thing we got that profit sharing. Now with the raise increase for everyone, and the fuel prices, a perfect storm for our negotiations.
 
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