Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

401K Grievances at NetJets

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web
Protect YOUR money.
 
Very true. However, some pilots don't care about unity. ALL pilots care about money.
 
how many did the union get and why was there a deadline? This damage may be ongoing
 
No idea how many they have filed already. The deadline is because the contract requires a grievance to be filed "within thirty (30) days after the Union, on its own, or by and through any crewmember has, or reasonably would have had, knowledge of the matter giving rise to the grievance." 30 days ago was when we were locked out of making changes to our Fidelity accounts, our money vanished, and the "black-out period" began.
 
Rolled into the class action grievance.

Since we have been banished from the main msg board and you active folks might not hear about it, there's another issue with furloughees and vesting. It is possible that we should continue vesting while on furlough, rather than lose 25% of our money when we never get recalled. Contact your local eboard member for more info, and don't buy into it if they downplay it. It IS a big to those of us who have taken it in the shorts.
 
Rolled into the class action grievance.

Since we have been banished from the main msg board and you active folks might not hear about it, there's another issue with furloughees and vesting. It is possible that we should continue vesting while on furlough, rather than lose 25% of our money when we never get recalled. Contact your local eboard member for more info, and don't buy into it if they downplay it. It IS a big to those of us who have taken it in the shorts.


Good point... However, I think that anyone still active will have 100% vesting already. Won't be an issue for them? Still important for us though.\!!
 
Good point... However, I think that anyone still active will have 100% vesting already. Won't be an issue for them? Still important for us though.\!!
That's why I'm putting this out there. I hope NJASAP will take care of this, or at least get us a logical response one way or another. I have a feeling that won't happen without a little pressure from the working pilots.

If they don't NJA stands to recover around 1/2 a million from furloughed pilots 401Ks. I know the money they'll steal from me is just under 10K, and I didn't contribute much.
 
Everyone needs to get on board with the 401k grievance

if the pilots lose in arbitration and federal court it ain't gonna be good
 
At flexjet this isn't a problem at all. We get a 100% match up to 10% of our salary and Flexjet doesn't steal any of it. Pretty good deal for us. And for Flexjet as well. Flexjet, Flexjet.
 
At flexjet this isn't a problem at all. We get a 100% match up to 10% of our salary and Flexjet doesn't steal any of it. Pretty good deal for us. And for Flexjet as well. Flexjet, Flexjet.

Riiiiiiiiiiiight......
 

Latest posts

Latest resources

Back
Top