BoilerUP
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- Joined
- Nov 11, 2003
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WayBack said:Pathetic pay rates are accepted because the work rules are outstanding!
So does your review of a CBA or TA begin and end at the Compensation section?
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WayBack said:Pathetic pay rates are accepted because the work rules are outstanding!
So does your review of a CBA or TA begin and end at the Compensation section?
Why VOTE yes at the first thing management is giving you, vote no and build on it.
I was really hoping that you guys would get ExpressJet parity in Retirement, Sick Leave, and Per Diem. Don't get me wrong, I'm not bashing you guys or your TA, there are some great things that you guys have gotten in this TA that I'd like. I'd just urge you guys to think about where you've ended up, and will you be able to live with it 7 years from now.
Here are I couple things I'd love for you guys to have that we have Post Concession:
SECTION 25
RETIREMENT
A. 401(k) Savings Plan
1. A pilot may participate in the Company’s 401(k) Plan subject to the terms and
conditions of the Plan and IRS limitations.
2. The Company will match the pilot’s contributions quarterly as follows:
Completed years of active service Company match
<5 100% up to 4%
5<10 100% up to 5%
10+ 100% up to 6%
3. A pilot will be vested in the Company’s contributions to the plan based on his
length of active service with the Company as follows:
Completed years of active service Vesting
2 20%
3 40%
4 60%
5 100%
B. Defined Contribution Plan
1. A pilot will be enrolled in the Company’s Defined Contribution Plan subject to the
terms and conditions of the Plan.
2. The Company will make quarterly contributions to each pilot’s account in the
Defined Contribution Plan based on the pilot’s length of active service with the
Company and eligible earnings as follows:
Completed years of active service Company contribution
<5 2.5%
5<10 4%
10<15 5%
15<20 5.5%
20+ 6.0 %
SECTION 7
SICK LEAVE
A. Accrual
1. Except as provided in paragraph 2. and 3., below, a pilot will accrue sick leave at
the rate of 5 hours per month to a maximum of 640 hours. Accrual of sick leave
will continue while on paid sick leave, vacation, OI and, to the extent provided in
Section 12, during leaves of absence. A pilot’s accrued sick leave will be made
available on his pay register.
2. After accruing the maximum of 640 hours, a pilot may accrue an additional 110
hours at the rate of 5 hours per month. This additional accrual may be used for an
illness or injury that will require an absence longer than 30 consecutive days, (i.e.,
a major or long-term illness or injury). These hours will be available only after
exhausting the 640 hours.
3. A pilot who uses more than 255 hours of sick leave as a result of a single injury or
illness (including pregnancy), will re-accrue sick leave at the rate of 7 hours per
month when the pilot returns from sick leave. The re-accrual at this rate will
continue until the pilot reaches the level of accrued sick leave he had at the onset
of the injury or illness. Thereafter, sick leave will accrue as specified in paragraph
1., above.
Section 4 - Expenses
December 1, 2009 $1.80
Listen, I'm not thumping my chest with what we have at XJT, but I'd like to see the rest of my fellow pilots spring board off of what we currently have. Anyway guys, congrats on your new TA, good luck with your decision.
What happened to Unity and Brotherhood?If we actually ever got a define contribution plan, it would apply only to our senior pilots, just as our 401K contribution applies to only our senior pilots.
Worst part of JCBA is the 401k match for the bottom half of the seniority list.
Here are I couple things I'd love for you guys to have that we have Post Concession:
What happened to Unity and Brotherhood?
You didn't take concessions on any of the mentioned items.
captjim said:XJT was losing money and still kept this stuff.
Wernt you still losing money after the give backs?