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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 unionsBTW 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.
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.
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
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 againGot 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
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 mineNot 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
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 degreesDon'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.
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.