Delta "likely" to scrap Pilot Pension Plan

[ualdriver]

That amounted to around $2400 for me. On property for 1 3/4 years.

OK, so as a furloughee with only 1 3/4 years on the property, you receoved everything you had coming to you from UAL's pension. Guys that were on the property longer (and hence had much invested into the plan) got much more when they were furloughed. So you're going to have to explain to me how the UAL furloughee's "got a screw job" (your words) comparable to a retiree or worst than a non-furloughed guy when they had the opportunity to take out 100% the pension money they had vs. a guy who stayed on the property and counldn't take out ANY of his money and will only get a fraction of what is due him through his portion of the 550M bond? I can see someone being of the opinion of a retiree getting screwed, but I'm not seeing the furloughed guy getting screwed out of his pension in this scenario. Yes, the furloughee lost his job unfortunately, but that has nothing to do with the bond distribution.

 

[DTW320]

The red-book group at Northwest has, historically, been the determining factor in EVERY SINGLE CONTRACT VOTE since the early 80's. They still represent something like 40% of the group, so if they vote yes and 75% of the remaining 60% vote NO, the contract STILL passes by a 5% margin which is what MOST of the NWA pilots think is going to happen.

There are 979 redbook pilots on the seniority list as of Jan/06. Less than 20% of the pilot group. 967 green book pilots. Red/Green combined = 33% of the list. The rest, 3840, are bluebook. 2/3 of the list.

 

[thruthemurk]

.

UAL ALPA was also able to negotiate a 550M bond for the pilot group as well. This proceeds from the sale of this bond is supposed to be distributed within 6 months of UAL's exit from bankruptcy and will be divided amongst the pilot group. You guys at DAL should DEFINITELY get something like that as well, and if I'm not mistaken, I thought I read somewhere that DALPA's MEC was looking at even a bigger figure than the 550M we're going to get.

Yeah, follow that game plan. If you really want to make it pay off, have the senior guys agree to fly 15% extra so you can furlough an additional 1200 pilots or so. Then, when you negotiate a bond to replace the pension that EVERYBODY lost - make sure and exclude those furloughed pilots. that way more will go in your pockets and minimize your loss even more. In any case, the furloughed pukes can't vote and you need to make sure and keep it a job that is worth coming back to...

Sound about right??

The only difference between a UAL pilot and a Jetblue pilot is that the UAL pilot THINKS he has a union. Both sides are nothing more than a pyramid scheme.

murk

 

[thruthemurk]

Yes, the furloughee lost his job unfortunately, but that has nothing to do with the bond distribution.

Yes that pesky little detail. That directly resulted in many pilots taking a 100K$ per YEAR pay cut. How does that stack up against your bond payout?

By the way, what was the direct cause of over 1/2 the furloughs? That's right, their union brothers agreeing to fly 15% more to minimize their own pay cut. Unionism 101, no doubt. This resulted in the grand total of 25% of the UAL list being on furlough (rather than 12-13%).

Real unions don't pull crap like that. By the way - your facts are incorrect and therefore not facts. The bond issue gives more to a pilot than his PLSA would have been if he had taken it. IF he had, that amount was deducted from his portion of the bond. The fact that furloughees would not be eligible for the bond was not put out until less than one month before the deal went down. This was never alluded to before the secret deal was made. There was never a hint they would be excluded before that. Though the infighting was legendary behind closed doors as to how the bond would be distributed - there was apparently no dissent whatsoever against cutting out the sadsack furloughees. After all ,fu**ing them was old hat and they weren't at the table to protest.

The loss in unity will continue, and the destruction of the profession will continue as each group follows the example of those ahead and takes care of themselves while ignoring those junior to him. Meanwhile, sleep well knowing you dropped a percent or so on furloughee med premiums - you and yours did the RIGHT thing.

NOT,
Murk

PS I wonder where those 20,000 regional pilots standing in line for the "real" airline jobs came from. SSDD

 

[737 Pylt]

WOW

Great come back, did the Gen whisper that in your ear?

When dealing with the mindless you must think on their (your) level!

Turns around a point?
Hav'nt thought of that for over 30 years, couldn't do one if I had to.

My apologies then....Got viagra?!
You still din't answer the question, did someone pee in your cheerios?
737

 

[Halo_RJdriver]

Microscope

Different priorities equals different results. We know the pensions are gone, they did NOT. We have a younger group (only 250 older than 55), and that means the loyalty is NOT there. You know that. They could always force a TA, but that doesn't mean we will pass it. We are now a "younger" group, with different needs.


Bye Bye--General Lee

Management is getting a little too much insulation on your group general flea.
Of course you younger pilots havn't had time to gain any extra weight around your belts yet. Hope you boyz can keep the scope where it belongs.

 

[General Lee]

Management is getting a little too much insulation on your group general flea.
Of course you younger pilots havn't had time to gain any extra weight around your belts yet. Hope you boyz can keep the scope where it belongs.

We will. And how is management getting too much INSULATION? Our group won't take it, we aren't NW--we lost all of our senior guys who were loyalists. You know that. We want different things, and SCOPE PROTECTION is one of them. Sorry. And if it does go downhill, your airline will fold or lay off thousands. You better hope we don't.


Bye Bye--General Lee

 

[Andy]

If you really want to make it pay off, have the senior guys agree to fly 15% extra so you can furlough an additional 1200 pilots or so.

The 15% increase was on the widebody side of the house. The LCO side saw a 21% increase in flying.
Don't forget that PBS reduces pilot needs by 5%.

But I'm more angry at how those on property screwed the retirees.

 

[GCAP]

The only real reason for the pension to be history is the lack of backbone in the DL pilot group. I say shut it down for good!!!

 

[Boeingman]

Also a screw job for the furloughees and recently retired. The $550 mil is only divided among current active pilots.

One of your comrades 32LT10 doesn't think so. From his perspective they got exactly what they deserved. Really a pathetic kind of guy to have on property.

I'll bet he shows up in that yellow book of lists you guys carry around.