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Every time you talk about the IAM National Pension Plan you reveal how misinformed you are.
The average UAL Mechanic earned $64,970 in 2012 (Interestingly, US Airways Mechanics earned more--$67,476-- because of increased overtime opportunities due to less outsourcing). If you don't believe me, click the following link:
http://web.mit.edu/airlinedata/www/2012%2012%20Month%20Documents/Employees%20and%20Compensation/MX/Average%20Annual%20Wages%20and%20Salaries%20-%20INHOUSE%20MAINTENANCE%20PERSONNEL.htm to the Airline Data Project:
$64,970X.055=$3,573.35 per year
The current IANPP contribution for IAM members at UAL is 6.5% of the base wage. A UAL Mechanics base wage is $31.17 per hour.
$31.17X.065=$2.02 per hour
Full-time hours= 2080X2.02=$4,201.60
So Tim, which is greater, $4,201.60 under the IAMNPP or $3,573.35 under the 5.5% 401k match?
Also, that assumes every UAL Mechanic contributes 5.5% into their 401k and you and I know that's not true.
I agree with you a lot on your analyses of increasing solidarity and using the members as the central power base for attaining gains at the negotiations table, but you really should become more educated regarding the IAMNPP as opposed to other retirement vehicles.
Every time you talk about the IAM National Pension Plan you reveal how misinformed you are.
The average UAL Mechanic earned $64,970 in 2012 (Interestingly, US Airways Mechanics earned more--$67,476-- because of increased overtime opportunities due to less outsourcing). If you don't believe me, click the following link:
http://web.mit.edu/a...E PERSONNEL.htm to the Airline Data Project:
$64,970X.055=$3,573.35 per year
The current IANPP contribution for IAM members at UAL is 6.5% of the base wage. A UAL Mechanics base wage is $31.17 per hour.
$31.17X.065=$2.02 per hour
Full-time hours= 2080X2.02=$4,201.60
So Tim, which is greater, $4,201.60 under the IAMNPP or $3,573.35 under the 5.5% 401k match?
Also, that assumes every UAL Mechanic contributes 5.5% into their 401k and you and I know that's not true.
I agree with you a lot on your analyses of increasing solidarity and using the members as the central power base for attaining gains at the negotiations table, but you really should become more educated regarding the IAMNPP as opposed to other retirement vehicles.
I'm curious if you still feel betrayed by the TWU after they got you a contract that included a percentage of stock ownership that now would be worth in the ball park of $16,500. That's about $4.00/hour for two years time. Then when the combined CBA kicks in you will probably get big three wages. But now your screwed because you voted and supported a MAFIA PUPPET organization.LOL MY BAD 1AA...... Your right I did not see that Movie, I thought you were were talking about THE RED TAILS........
I'll see if I have time to check it out. Next time use a link....I'll bet I was not the only one on here who had the wrong movie at mind.
Have a Nice IBT Day.
Well I don't work for AA or am I a TWU member and MY UNION GAVE AWAY MY PROFIT SHARING!! Can you guess what MEMBER FAILING UNION THAT IS???? I Will Give You A Hint!!!! IT HAS A HISTORY OF HAVING THE LOWEST PAY SCALES FOR AMT'S IN THE INDUSTRY!!! OK ONE MORE HINT!!!! IT HAS Given Nothing But CONCESSION AFTER CONCESSION ON CONTRACTS AND IS KNOW AS THE COMPANY UNION!!! GIVE UP......That's Right The IAM and soon to be TWU/IAM COALITION....I'm curious if you still feel betrayed by the TWU after they got you a contract that included a percentage of stock ownership that now would be worth in the ball park of $16,500. That's about $4.00/hour for two years time. Then when the combined CBA kicks in you will probably get big three wages. But now your screwed because you voted and supported a MAFIA PUPPET organization.
Concessions were taken in Two Bankruptcies. That's because the USAir business model couldn't exist for much longer twice within a 5 year period after 9/11 as a Medium Sized short haul carrier without reducing its costs. Simple math that you should be able to figure out even with a GED. The fact that this company survived at all is a minor miracle IMO and USAir wasn't ever the lowest paid in the Industry until after 9/11. We always mirrored UAL and one day we will be back to that level playing field as the No 1 Carrier in the World.Well I don't work for AA or am I a TWU member and MY UNION GAVE AWAY MY PROFIT SHARING!! Can you guess what MEMBER FAILING UNION THAT IS???? I Will Give You A Hint!!!! IT HAS A HISTORY OF HAVING THE LOWEST PAY SCALES FOR AMT'S IN THE INDUSTRY!!! OK ONE MORE HINT!!!! IT HAS Given Nothing But CONCESSION AFTER CONCESSION ON CONTRACTS AND IS KNOW AS THE COMPANY UNION!!! GIVE UP......That's Right The IAM and soon to be TWU/IAM COALITION....
VOTE IBT!
Have A Nice IBT Day!!!
Thank GOD the IBT is in at UAL setting the wage bar higher and to use your simple math just how many YEARS has it been after 9/11???? OK 12 YEARS AND THE US AIR AND AWA MERGER NOW 7 YEARS....HOW LONG DO YOU KEEP LOSING BEFORE YOU QUIT AND TRY A NEW WAY TO WIN...Concessions were taken in Two Bankruptcies. That's because the USAir business model couldn't exist for much longer twice within a 5 year period after 9/11 as a Medium Sized short haul carrier without reducing its costs. Simple math that you should be able to figure out even with a GED. The fact that this company survived at all is a minor miracle IMO and USAir wasn't ever the lowest paid in the Industry until after 9/11. We always mirrored UAL and one day we will be back to that level playing field as the No 1 Carrier in the World.
Concessions were taken in Two Bankruptcies. That's because the USAir business model couldn't exist for much longer twice within a 5 year period after 9/11 as a Medium Sized short haul carrier without reducing its costs. Simple math that you should be able to figure out even with a GED. The fact that this company survived at all is a minor miracle IMO and USAir wasn't ever the lowest paid in the Industry until after 9/11. We always mirrored UAL and one day we will be back to that level playing field as the No 1 Carrier in the World.
I'm curious if you still feel betrayed by the TWU after they got you a contract that included a percentage of stock ownership that now would be worth in the ball park of $16,500. That's about $4.00/hour for two years time. Then when the combined CBA kicks in you will probably get big three wages. But now your screwed because you voted and supported a MAFIA PUPPET organization.
Good update. Thx...
Letter from NMB Referencing Case No. R-7365 AA/IBT/TWU
July 20, 2013
Published 19 Jul, 2013
Participants:
On May 28, 2013, the International Brotherhood of Teamsters-Airline Division (IBT) filed an application and authorization cards alleging a representation dispute involving the Mechanics and Related Employees of American Airlines (Carrier). The employees in question are currently represented by the Transport Workers Union (TWU). Also on May 28, 2013, the Carrier filed a List of Potential Eligible Voters (List) and signature samples of the potential eligible voters.
After examining the authorization cards submitted by the IBT, the undersigned directed that IBT and TWU file challenges to the List or objections with regard to any other matters.
On July 18, 2013, the TWU and IBT jointly requested an extension of time to file their challenges and objections. The request is granted and any challenges and objections must be filed with the Board by 4 p.m. ET on July 23, 2013. Responses to challenges or objections, if any, must be filed by 4 p.m., ET, on August 6, 2013. IBT and TWU are reminded that they must incorporate by reference any previously-filed challenges, objections, and supporting data. Failure to incorporate such allegations by reference will result in the Investigators finding those issues are no longer part of the investigation.
Sincerely,
Maria-Kate Dowling
Investigator
Norman L. Graber
Investigator
The front end pay cuts were to get the company through Bk. The Union TWU protected its members loss on the back end after Bk with stock ownership that equates to real money when the airline emerges and becomes profitable. Jesus you guys really are stupid. The New combined CBA will offer the higher wage rates that will come from the combined carrier. This will be a profitable Carrier when its all said and done.You are so full of crap. I can not believe you work for the airlines. If you do JABK, you must be management. Do you truly expect working men and women will accept stock ownership rather than than actual pay increases? Give me a break. Mafia puppet or not I take pay any day over your BS stock supplements. Give me a break dude.