luckytohaveajob
Well-known member
- Joined
- Nov 17, 2005
- Posts
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Pilot pensions sacrificed by ALPA's choice to save failed airlines
British Airways union is not afraid to protect its pilots pensions while ALPA National allowed and offered the termination of its pilots pensions.
ALPA did not protected it members. ALPA protected failed airlines without business plans and overpaid management and ALPA dues collection.
And now these employees that should have collected their pensions at age 60 and been looking for work today, who destroyed the standards of this profession are again acting in the most destructive manner possible towards the profession forcing everyone to fly till they die because of their poor planning or greed.
American professional pilots have repeatly made the wrong choices since 911. US Air, UAL, DAL, and NWA need to pay the piper not rape the young as they have done.
Look at BA as the example of what to do because the legacy American pilots and ALPA sure don't know how this industry was built or what it needs. Todays generation of senior pilots undercutting the profession is far worse than the scabs of yesterday.
British Airways planning to increase retirement age LONDON: British Airways confirmed expectations of a large blowout in its pensions fund deficit yesterday and angered unions by calling for an increase in the retirement age to help plug the £2.1 billion ($3.9bn) hole.
British Airways said the shortfall had widened from the £928 million it calculated a year ago despite the airline doubling its contributions and a recovery in the stock market. The carrier proposed several changes to reduce the deficit, including raising the retirement age to 65 and capping pay rises at the rate of inflation - measures that were criticised by union leaders.
"We have always acknowledged that there is a funding problem but the news does not change our view that BA's pension cuts are unfair, unacceptable and do not represent a starting point for negotiations," said Brendan Gold, national secretary of the Transport and General Workers Union.
"The company is profitable, has been reducing debt and is not in crisis," Gold added.
"It must be remembered the pensions are deferred earnings."
BA's current compulsory retirement age for pilots and cabin crew is 55. It plans to raise the cabin crew retirement age to 60 for the first five years to reduce the impact of the change, before lifting it to 65.
The retirement age for pilots will be capped at 60, in line with restrictions imposed on the age of pilots by countries including France and the United States. If those restrictions are removed in the future, the airline said it would then also raise the retirement age for pilots to 65.
British Airways union is not afraid to protect its pilots pensions while ALPA National allowed and offered the termination of its pilots pensions.
ALPA did not protected it members. ALPA protected failed airlines without business plans and overpaid management and ALPA dues collection.
And now these employees that should have collected their pensions at age 60 and been looking for work today, who destroyed the standards of this profession are again acting in the most destructive manner possible towards the profession forcing everyone to fly till they die because of their poor planning or greed.
American professional pilots have repeatly made the wrong choices since 911. US Air, UAL, DAL, and NWA need to pay the piper not rape the young as they have done.
Look at BA as the example of what to do because the legacy American pilots and ALPA sure don't know how this industry was built or what it needs. Todays generation of senior pilots undercutting the profession is far worse than the scabs of yesterday.
British Airways planning to increase retirement age LONDON: British Airways confirmed expectations of a large blowout in its pensions fund deficit yesterday and angered unions by calling for an increase in the retirement age to help plug the £2.1 billion ($3.9bn) hole.
British Airways said the shortfall had widened from the £928 million it calculated a year ago despite the airline doubling its contributions and a recovery in the stock market. The carrier proposed several changes to reduce the deficit, including raising the retirement age to 65 and capping pay rises at the rate of inflation - measures that were criticised by union leaders.
"We have always acknowledged that there is a funding problem but the news does not change our view that BA's pension cuts are unfair, unacceptable and do not represent a starting point for negotiations," said Brendan Gold, national secretary of the Transport and General Workers Union.
"The company is profitable, has been reducing debt and is not in crisis," Gold added.
"It must be remembered the pensions are deferred earnings."
BA's current compulsory retirement age for pilots and cabin crew is 55. It plans to raise the cabin crew retirement age to 60 for the first five years to reduce the impact of the change, before lifting it to 65.
The retirement age for pilots will be capped at 60, in line with restrictions imposed on the age of pilots by countries including France and the United States. If those restrictions are removed in the future, the airline said it would then also raise the retirement age for pilots to 65.