JCBA Negotiations and updates for AA Fleet

[Albert]

Family and friends still close to formers G/f kids but the biggest reason is I'm a pussy

And Lazy

 

[WeAAsles]

Family and friends still close to formers G/f kids but the biggest reason is I'm a pussy

You know Al my friends love visiting me here in Florida. Just saying man.

 

[Albert]

You know Al my friends love visiting me here in Florida. Just saying man.

I'd only want them to stay a few hours though, should I offer to pay for a hotel

 

[MetalMover]

No. See you, me and Bob are going to be quite fine in Retirement Al. We never got on the hook with the Family unit or maybe even worse the never ending Child Support payments. We don't have to worry about maybe even getting stuck taking care of the grandchild too.

Man could I elaborate on ALL those many many many stories I've heard and continue to hear.

There are guys here working into their seventies literally with a cane because their wives are young and need the health insurance. I'm not knocking it it's just not for me.

I think you two might wind up in the same nursing home having the tapioca pudding dessert wiped of your chins by some grouchy nurse and then get wheeled over to the bingo room😱

 

[Albert]

[QUO

I think you two might wind up in the same nursing home having the tapioca pudding dessert wiped of your chins by some grouchy nurse and then get wheeled over to the bingo room😱

No I'm going to be abused by my caregiver and have maggots in my eyebrows. I have it all planned Met

 

[WeAAsles]

I think you two might wind up in the same nursing home having the tapioca pudding dessert wiped of your chins by some grouchy nurse and then get wheeled over to the bingo room😱

When my time comes I'm flying back to Ireland and plan to leap off the Cliffs of Moher.

But I'll wait for a Chinese Tour group Bus to show up first.

 

[swamt]

SWAMT do you have a 401K with match if so what is the match Wonder if the Assoc would consider comparing SWA in addition to DL and UA for the talks with both Fleet and Mechanics if not why To me SWA is just as much a major player also does SWA have a pension for their workers

Hey robbed. We have no pension at SWA. We do have 401K with match. The company match is 9.3% dollar for dollar. Mosgt guys are electing a minimum of 10%, add in the co's 9.3% and that's 19.3% getting put into the 401K per year. And robbed, that's 19.3% of ALL wages earned during each and every year. So if I worked a killer amount of o/t it's all accounted for with the 19.3% until the max is reached. On a second note robbed, our NC is currently asking for an improved 401K increase as we do not have a pension like the other airlines do, and they are asking for 12-15% 401K match. The co. has recently granted a 12% co. match to our pilots and we are requesting the same for us.

 

[swamt]

Instead of us fighting over this. We had a good pension, and we could also invest into 401k. The pension was the primary means for most people, and the 401k which had some alright options, didn't have a match, nor didit have all the options that it does now. The new 401k, has endless possiblities and that's what we have to start encouraging one and all.

This iampf hates labor. It encourages part time, ready reserve. It compromises negotiations. lf I were an officer, of the Iam, I would love it.

Not fighting. Just explaining. You look at it as fighting because we just don't fallow what you are saying or agreeing to it. Comprehend 101.

You don't get it, find me that person that is capable of differing almost 55% of his/her income, not a lot out there, so adding earnings would be pointless, only because the odds of someone having the perfect set of circumstances that would allow them to max out every year for the past 20+ years, are very slim.

Actually YOU obviously don't get it even after numerous people have shown to you and proven to you that it very well can be done. We have store clerks making less than you fleet folks here and they have left with millions in their accounts do not tell me it cannot be done. As far as someone putting max into 401K? There are a high % of all work groups here doing it and having it done by Aug or Sep so they can give themselves a raise for the last few months of the year and prepare for the holidays. I have no clue why you are so negative about the potential savings that you COULD have if you were focused and disciplined, especially after 20 -30 years.

 

[WeAAsles]

Not fighting. Just explaining. You look at it as fighting because we just don't fallow what you are saying or agreeing to it. Comprehend 101.



Actually YOU obviously don't get it even after numerous people have shown to you and proven to you that it very well can be done. We have store clerks making less than you fleet folks here and they have left with millions in their accounts do not tell me it cannot be done. As far as someone putting max into 401K? There are a high % of all work groups here doing it and having it done by Aug or Sep so they can give themselves a raise for the last few months of the year and prepare for the holidays. I have no clue why you are so negative about the potential savings that you COULD have if you were focused and disciplined, especially after 20 -30 years.

You seem to be leaving out the SWA ESOP that has been in existence since SWA first started. So yes those people with that program included could retire with a Million in invested assets to their name.

Smart retirement investments include multiple stools.

Stocks, Bond's, Annuities, 401k's, Match's, Pensions, Property, Fiscal responsibility, Good debt at low interest rates, others.

(NOT just a single, simple, naive conversation about 401k's)

https://www.google.com/amp/amp.time...-payout-what-capitalism-should-be/?source=dam

 

[robbedagain]

Hey SWAMT great to hear from you on here that is really nice and if you get the 12 to 15 area that's even better thanks bud

 

[Traymark]

As far as someone putting max into 401K? There are a high % of all work groups here doing it and having it done by Aug or Sep so they can give themselves a raise for the last few months of the year and prepare for the holidays.

It is much easier to achieve that with a Contribution of over 9% as SWA has.
I've been railing for our match to be changed to Contribution from day 1.
That is where the membership can max out their retirement savings and retain full control of it.

Oh P.Rezzzzzzz........ is the NC listening???

 

[anotherdelay]

Not fighting. Just explaining. You look at it as fighting because we just don't fallow what you are saying or agreeing to it. Comprehend 101.

huh? I wasn't arguing with you. I was explaining, why majority of members (TWU/AA employees haven't been involved or benefited from it.

If your talking about returns on the market, I'll agree with you all day. Long term dollar cost averaging with dividends reinvested, should return over 4 percent.

Most pensions are/were a great vehicle. Low interest rates killed their business plan though. Iampf will never pass due diligence because of them. That's reality. Iampf is more about officers retirement at this stage.

that said, I will never support the Iampf, its DOA. It is full of great intentions, and I hope my fellow brothers get whatever they have in it out. I don't believe the iam officers will be affected much, but within 5 years if not sooner, even with our forced participation, cuts will come to the general membership. Employee a and b will get hit a lot harder than they imagine. I do believe American management knowing this will be culpable too, especially with the majority of m/r understanding the reality. Doug is a finance guy.

 

[conehead777]

It is much easier to achieve that with a Contribution of over 9% as SWA has.
I've been railing for our match to be changed to Contribution from day 1.
That is where the membership can max out their retirement savings and retain full control of it.

Oh P.Rezzzzzzz........ is the NC listening???

No there not listening there agenda from the beginning was get aal in the iampf it's all about money for them and power over our money.the iam. can't be trusted they have already showed they can't be trusted with the iampf wine gate any one

 

[ograc]

Greetings everyone! Much debate on which may be the better option concerning retirement savings. Many good points and arguments have been raised. The best option, IMO, as far as the NC is concerned, would be to bring back a TA that gives each member a choice. 401K + match or IAMPF. Otherwise; I see this issue as a potential deal breaker. An issue that divides the combined membership.

 

[WeAAsles]

Final integrated Seniority lists.

http://www.usaamerger.com/2017/06/15/neutral-javits-issues-final-integrated-seniority-lists/