Attention all US Airways Pilots With Capped Retirement From PBGC

[700UW]

So is life, What's your point?

Unions have pumped BILLIONS into the Democratic Party only to have law after law passed that screw the average Joe/Jane on a daily basis by Democrats.

First of all what you have posted is against the law, dues money cannot be used to be given to a candidate or a party, (dont let the facts get in your way).

Unions have PACs which members VOLUNTARILY give their own money too, that can be used as its not union dues, union dues can be used for political education and GOTV campaigns.

And Corporate America gives way more than any union affiliated PAC.

Educate yourself, or at least prove billions in dues money were given.

 

[john john]

A lot of good the "unions" have done for private sector employees at US Airways? Unions are only good for public sector employees and corrupt politicians ....

I believed the PBGC recognizes full retirement at an earlier age(years + service ) for the Mechanics & Related so therefore they are not penalized unlike the plan the non-union group had

Also the union employees got 10+ more years then the unrepresented employees did to add to their PBGC pay out because unrepresented were late to the party
And lest not forget the social security offset the nonunion employees retirement plan had at the time

 

[SparrowHawk]

First of all what you have posted is against the law, dues money cannot be used to be given to a candidate or a party, (dont let the facts get in your way).

Thank You for proving my exact point so well. What business is it of a Government to tell an organization of citizens how to raise and spend their money?

Unions have PACs which members VOLUNTARILY give their own money too, that can be used as its not union dues, union dues can be used for political education and GOTV campaigns.

Yes they do & they should! No need to have laws and regulations

And Corporate America gives way more than any union affiliated PAC.

See above

Educate yourself, or at least prove billions in dues money were given.

I or anyone shouldn't have to prove a thing. It's an individual Freedom & Liberty thing. Most don't understand this basic concept.

 

[700UW]

I believed the PBGC recognizes full retirement at an earlier age(years + service ) for the Mechanics & Related so therefore they are not penalized unlike the plan the non-union group had

Also the union employees got 10+ more years then the unrepresented employees did to add to their PBGC pay out because unrepresented were late to the party
And lest not forget the social security offset the nonunion employees retirement plan had at the time

The PBGC adheres to the guidelines of the plan as when it was terminated, and yes I can collect at age 50, but there is a penalty, if I collect at 50 for 17 years of service it will be $563 a month, if I wait till I am 65 it will be about $900 a month, and yes this is not the full amount that I would have gotten if the plan wasnt terminated.

 

[john john]

The PBGC adheres to the guidelines of the plan as when it was terminated, and yes I can collect at age 50, but there is a penalty, if I collect at 50 for 17 years of service it will be $563 a month, if I wait till I am 65 it will be about $900 a month, and yes this is not the full amount that I would have gotten if the plan wasnt terminated.

What was the number without penalty year’s + service? 75,80,85

 

[700UW]

85 point plan, where years of service plus age equals 85. Where under the plan before it was terminated would have been higher, I have to try and dig up old notes from negotiations and an old CBA to see what the multiplier would have been. If I remember correctly if I left at 50 it would have been over a $1,000 per month.

 

[signals]

That's interesting. How come other groups at US have to retire to start theirs.

As for the rest of you ... USAir went broke, now the USA is about to default. I don't understand why you expect folks like BoeingBoy to get stuck with a 70% reduction in his and you think the public sector should carry on their merry way? What don't you understand about broke, not funded?

You obviously don't know what your talking about. If the public sector goes on their merry way then I would have retired already at 55. There is more to it than you realize and I'll use NY as an example, and show you that even the public sector is getting screwed, and keep in mind that public employees don't make nearly as much as a pilot!

In NY there are currently 5 tiers. Tier 1 and 2 were in the 70s. They had their full retirement funded by taxpayers with no contribution by themselves. Those are the 'merry ones. From the 80s until 2010, we had Tiers 3 and 4, which I am a member. We have to contribute a percentage of our pay for 10 years, then no more contributions are taken. Tier 5 contributes for their entire service. Cheer up because of the state of our nation in 2012, everybody is going to start contributing something.

From there it gets more complicated since there is talk of a Tier 6 that will get screwed worse than anybody else. Most of our wages are on freeze and contract negotiations are on hold. I haven't had a new contract since 2008.

The world is getting screwed your hatred of the public sector isn't going to make things better. I'd rather get 50% pilot pay than 100% public employee pay. 😛

 

[signals]

Your post usally make sense. But on this one you are either clueless, faking dumb or haven't been paying attention to the news. I wish the government would have printed some more money for US Air while we were in BK. I guess that only works for public sector folks.

Again you don't know what you are talking about and are trying to fan flames just to start something that is your own hang-up

 

[signals]

Why are so anti public sector? I hope you don't need the fire department to assist you someday, or a police officer to arrest the thug that broke in to your house...As I stated before, I am not payed by the tax payer, we are an enterprise fund that generates our own income, that income that we generate pays part of my benefits and part of my pension, the other part I pay....I do not have a negotiated pay raise, it is merit based, and yes there have been times that I have not got a raise due to economic conditions, so don't cry in your Wheaties because your management team has failed you.

​

Beautiful Example...my public employment is a bit different than yours. The original poster thinks one for all and all for one. Good point about the fire dept. But don't forget snow removal, emergency services, and other services that the poster obviously takes for granted. As with anything else airline employees on down time look at the public sector on down time and complain 🙄

 

[signals]

How come firefighters make 5 times what a Marine makes? About 5,000 of them have been killed recently. Marines earn their pay ..... and it's a realistic amount. No firefighter should make or retire with benefits greater than a Marine. All IM saying is, if the country is broke and needs to cut "private sector" SS and Medicare benefits, public sector inflated pensions must be dealt with first, the same way BoeingBoy and mine were. Broke is broke, whether it's the Treasury dept or an airline.

We are changing it, you just don't get it. How many airline crash? Why do pilots make more than our military. Most military individuals get jobs in the public sector if they want to switch. We hear more about military deaths than firefighters, police, and public servants, so your argument doesn't stand...otherwise start with yourself and give up until it feels good!

 

[signals]

Marine Deaths

I just returned from the store .... passed by some road construction. 7 public employees watching 1 guy dig. Four of them had on orange vest with supervisor stenciled on the back. The rest of them looked like they were just killing time. I wonder what local tax payers pay them by the hour? At least one of them was earning it.

I'll go to work today and our ramp (Piedmont) will have three guys trying to park and unload three planes at the same time .... and then get the bags to the bag belt within 12 mins? 2 guys will try and clean 7 or 8 airplanes in 3 hours? The Piedmont guys make $8.00 an hour?

Public Sector -vs- Private Sector = Half the work for three times the pay and benefits??????

And now they want to cut the Piedmont guys SS and Medicare benefits because the government wasted all the money???? PLEASE!

Great you base your decisions on a drive by! Were you hanging around for hours. I see rampers hit a few planes a day work 8 hours of which 6 are downtime! You obviously see a delusional world according to your own twisted ego. All I see airline personell do is act busy during flights and smoke cigarettes the rest of the day. Here are people that deal with jet fuel and vapors and smoke. Nothing like a carcinogen cocktail. I really wouldn't worry about retirement 😛

 

[signals]

I would bet you 10 to 1 that they were private contractors, most road projects are outsourced.

And man you really have it out for public employees, been rejected by one?

And if you and two coworkers, work like that then you only have yourself to blame, the ramp is a dangerous place, work safe and obey the rules, policies and procedures.

You think I would have remembered that most road construction is OUTSOURCED. We have a road repair department, but all they do is bondo work on minor pot holes.

 

[signals]

A lot of good the "unions" have done for private sector employees at US Airways? Unions are only good for public sector employees and corrupt politicians ....

The CWA at US is run by someone most members can't stand ... and there is nothing they can do about it .... The pilots union is split between two groups that can't stand one another? We are the lowest paid employees in the industry. The Piedmont baggage handlers live below the poverty level. Can you name one thing the unions here have accomplished here. They haven't even been able to buy a corrupt politician to look after us?

I have nothing else to add .... good luck to all. 🙄

Your full of it 😛

 

[nycbusdriver]

Educate yourself, or at least prove billions in dues money were given.

Educate YOURSELF in the comprehension of the English language. He/she never mentioned "dues money."

 

[signals]

Bottom line-on June 24, 2009, Seeking Alpha wrote about Why US Unemployment Will Rise Through 2010 and Beyond.
If you can find it, read it, because it is a reality today.