toroshark
Senior
- Mar 12, 2003
- 266
- 294
SECONDED!scorpion 2 said:I don't want any shape or form of the IAMNPF.
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SECONDED!scorpion 2 said:I don't want any shape or form of the IAMNPF.
When are you going to admit you were wrong and apologize to me?swamt said:I personally believe with the relation of where the company was and where it is now, you guys should get everything back that was taken from you to help the company become successful. All previous concessions should be 100% restored and a little extra on the side for what the employees have done to do their part. With AA's record profits and the merger with US you guys should get everything restored plus some. Some on here are correct, this association will in fact take credit for the D+7 when it is the company offering it to all the other groups it is not the association that nego it in.
700UW said:When are you going to admit you were wrong and apologize to me?
You should look in the mirror before accusing others and making such a comment.700UW said:Why?
All you mechanics pollute every thread with the same stuff over and over and over.
You ever thought of yanking yourself instead of mechanics. They do have a blue pill for your suffering.700UW said:Why?
All you mechanics pollute every thread with the same stuff over and over and over.
Why would our Frozen Pension be a leverage item? In the past the "Best Pension in the Industry" is what contributed to the lower wages and lackluster benefits. My fear is that it will be inthe contract talks at all. Let's leave the Frozen pension where it is, that leaves no opportunity for it to be negotiated away or somehow merged into the IAMPF.scorpion 2 said:We can't get a decent contract during section 6 negotiations and the iam blew their chances during good times under section 6. Why would the company give us anything now? We aren't negotiating we are just asking for charity and there is no reason for the company to give us any.
The only leverage we have is our pension trust so you have to wonder if that will be the resource for contract talks.
It's a leverage item because it's a responsibility for the company to keep it funded. They can use the trust as a tool to swap for contract items. The million dollar question is how much is it worth for them to dump it on the IAMNPF. If our trust is 2 billion under funded as 700 says (and I think his numbers are wrong) how much bait would the company use to get out from under it? By changing our pension guidelines to match the IAMNPF guidelines that deficit would be wiped out even with 700's figures. Why wouldn't the IAMNPF take it under that scenario?Buck said:Why would our Frozen Pension be a leverage item? In the past the "Best Pension in the Industry" is what contributed to the lower wages and lackluster benefits. My fear is that it will be inthe contract talks at all. Let's leave the Frozen pension where it is, that leaves no opportunity for it to be negotiated away or somehow merged into the IAMPF.
Ok, I see but I would rather have it dumped into my 401k.scorpion 2 said:It's a leverage item because it's a responsibility for the company to keep it funded. They can use the trust as a tool to swap for contract items. The million dollar question is how much is it worth for them to dump it on the IAMNPF. If our trust is 2 billion under funded as 700 says (and I think his numbers are wrong) how much bait would the company use to get out from under it? By changing our pension guidelines to match the IAMNPF guidelines that deficit would be wiped out even with 700's figures. Why wouldn't the IAMNPF take it under that scenario?
The UAL and CAL mechanics have been in talks for years as I understand it and they even have the same union. So obviously getting a joint contract is not a high priority for newly merged companies. So whats in it for the NEW American to give us anything or open the contracts? If the iam got zilch in section 6 what's different now? We have contracts in place and nothing but an olive branch to hand the company and hope they take it. Unless of course the twu puts our pension trust on the table as leverage to open talks. If there is a 2 billion dollar hole to fill and changing the pension guidelines will plug it than who will really be funding this contract?
My numbers are straight from AA and what they had to file under Federal Law.scorpion 2 said:It's a leverage item because it's a responsibility for the company to keep it funded. They can use the trust as a tool to swap for contract items. The million dollar question is how much is it worth for them to dump it on the IAMNPF. If our trust is 2 billion under funded as 700 says (and I think his numbers are wrong) how much bait would the company use to get out from under it? By changing our pension guidelines to match the IAMNPF guidelines that deficit would be wiped out even with 700's figures. Why wouldn't the IAMNPF take it under that scenario?
The UAL and CAL mechanics have been in talks for years as I understand it and they even have the same union. So obviously getting a joint contract is not a high priority for newly merged companies. So whats in it for the NEW American to give us anything or open the contracts? If the iam got zilch in section 6 what's different now? We have contracts in place and nothing but an olive branch to hand the company and hope they take it. Unless of course the twu puts our pension trust on the table as leverage to open talks. If there is a 2 billion dollar hole to fill and changing the pension guidelines will plug it than who will really be funding this contract?