RUKDNME
Newbie
I believe that you are mistaken. LOM 20 has nothing to do with the 3 year wage adjustment. From the full-text LBO/TA:
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On which page is the wage adjustment limited to 5%? I don't see any mention of a 5% limit in Attachments 4.5 or 4.6 on pages 51-56.
My Bad! You are correct. I have a hard copy that i printed out on fri 7/13. lom 20 as of today is dfw title I Process improvement.
Attachment 4.5 – Industry Comparable Pay Rate Title I.
For AMT’s, Crew Chiefs, Tech Crew Chiefs and Inspectors: At [DOS]+36 months, a calculation will be made to determine the maximum regular hourly pay rate (i.e., base pay plus all relevant premiums) of the line mechanics at Delta, United, and US Airways in effect on that date. Those rates will then be averaged (arithmetic mean) and compared to the equivalent AMT rate at AA, including any coincidental structural increase (i.e., the annual 3.0% increase to base pay at 36 months). If AA’s maximum regular hourly pay rate is below the average, AMT’s will receive an increase equal to the differential between AA and the average. In combination, the scheduled structural increase and the supplemental structural increase to base pay will yield a maximum regular hourly pay rate that equals the average of the comparator airlines.
on my hard copy from 7/13 this sentence reads: If AA’s maximum regular hourly pay rate is below the average, AMT’s will receive an increase equal to the differential between AA and the average, up to a maximum of 5% of AA's maximum regular hourly pay rate. I can scan copy of it and send it to you if needed.