NWA Pilots Approve Pension Freeze

[81Horse]

-- "Via membership ballot concluded at 10 a.m. ET today, NWA pilots approved the freezing of the NWA Pilots Defined Benefit Pension Plan by an 81.53 percent to 18.47 percent margin. ...

-- "As a result of the ratification, the defined benefit plan will be frozen
Jan. 31, 2006 and the interim 5 percent defined contribution will begin
Feb. 1, 2006. The agreement also includes terms for a new Long-Term
Disability program and a new Family Member Benefit program. ..."

 

[capt. megadeth]

Man....why do they even have votes on this crap?

They have you by the balls and they know it.

What a joke.

 

[maru657]

Fatigue Issue.

Funny thing, ALPA sat on it's collective rear and allowed rest and duty times to be set by mamagement at most companies while they were protected at the big boys by contracts. Now those chickens are coming home to roost. Maybe they'll remember the old motto "Schedule With safety".

 

[dbrownie]

Man....why do they even have votes on this crap?

They have you by the balls and they know it.

What a joke.

I agree,

It is sad. The ink wasn't even dry and the company has already said they

won't do their part of a 5% 401K match as they promised.

I think the vote would have gone differently had we known they would screw

us so quickly.

I keep voting NO but it seems the results are what the company wants.

We are doomed.

Dave B

 

[320AV8R]

We are doomed.

Dave B

Dave B-

You have to get the terminology right.....we're not doomed, we're FUCT.

This sh!t makes about as much sense as a vampire with a frickin' paper route.

320AV8R

 

[DTW320]

Funny thing, ALPA sat on it's collective rear and allowed rest and duty times to be set by mamagement at most companies while they were protected at the big boys by contracts. Now those chickens are coming home to roost. Maybe they'll remember the old motto "Schedule With safety".

Funny thing, ALPA IS THE PILOTS AT AN ALPA CARRIER!!! If collective rears were sat on it was done by the pilots at the carriers who allowed management to set rest and duty times.

Maybe they'll remember the old motto "Schedule With safety"

Who???? The pilots who elect an MEC and a Negotiating committee from within their own ranks?

 

[81Horse]

-- ALPA IS THE PILOTS AT AN ALPA CARRIER!!!

Yep.

 

[TurboAWD]

WTF- they are reneging on the five percent? Any more details on this? What is your regular 401k program match?

Guess if they don't have to do what they just agreed to, you guys don't have to fly where you are supposed to either. MSP-Minot? Hell no, lets go to Florida and drink on the beach!

 

[dbrownie]

WTF- they are reneging on the five percent? Any more details on this? What is your regular 401k program match?

Guess if they don't have to do what they just agreed to, you guys don't have to fly where you are supposed to either. MSP-Minot? Hell no, lets go to Florida and drink on the beach!

Our "regular"401k match is 0%; now ad in the new match 0% that

equals 1 pissed off group!

Dave B