Us Airways Retiree Drug Plan Guaranteed

[USA320Pilot]

US Airways retiree drug plan guaranteed

See Story

Regards,

USA320Pilot

 

[AP Tech]

Anytime they use the word "Guaranteed" or "Promise"or "Trust Us" I tend to become a bit uneasy!!!! 😛h34r:

 

[FA Mikey]

Health care, employee pensions, government backed loans. Anything else the citizens of this country need to provide U, in its continuing effort to lose money?

 

[acfconnect]

Anytime they use the word "Guaranteed" or "Promise"or "Trust Us" I tend to become a bit uneasy!!!! 😛h34r:

[post="257693"][/post]​

I tend to bend over, spread em wide, and hope they use Vasoline this time.

 

[USA320Pilot]

FA Mikey:

I want to see every airline employee get the best deal possible, regardless of the source. Why are you concerned that US Airways has obtained a federally backed loan guarantee created by Congress, the PBGC will provide employees with retirement income, and now there is a new retiree presciption drug program?

I believe it is great that US Airways' employees, just like any other airline, can obtain these benefits. How come you seem upset by these actions ,(as an American Airlines Flight Attendant)?

Regards,

USA320Pilot

 

[robbedagain]

FA Mikey:

I want to see every airline employee get the best deal possible, regardless of the source. Why are you concerned that US Airways has obtained a federally backed loan guarantee created by Congress, the PBGC will provide employees with retirement income, and now there is a new retiree presciption drug program?

I believe it is great that US Airways' employees, just like any other airline, can obtain these benefits. How come you seem upset by these actions ,(as an American Airlines Flight Attendant)?

Regards,

USA320Pilot

[post="258423"][/post]​

yeah but what about the 600 or so employees in the 22 plus cities that are being outsourced? what benefits will they get then--nothing at least i dont think

 

[FA Mikey]

FA Mikey:

I want to see every airline employee get the best deal possible, regardless of the source. Why are you concerned that US Airways has obtained a federally backed loan guarantee created by Congress, the PBGC will provide employees with retirement income, and now there is a new retiree presciption drug program?

I believe it is great that US Airways' employees, just like any other airline, can obtain these benefits. How come you seem upset by these actions ,(as an American Airlines Flight Attendant)?

Regards,

USA320Pilot

[post="258423"][/post]​

I am not wanting anyone to go without. Though I no longer wish to be the source for funding your inept and incompetent management team. Do I need to point out that U is a total failure of a business and is being subsidized by the federal government?

Unable to borrow money from any institution? Is your management team so inept and incompetent that you have been at the BK court twice in as many years? Let the citizens of this country subsidize your business, and back loans to keep your money losing operation up and running.

Do you wish to change your mind and want to rid your company of providing a rightfully earned retirement package? Just drop it in the laps of the Feds. Let the government and the people pick up the tab. Why should U be forced to follow through on there promise on a fully funded retirement, for anyone other than there worthless management team? Not to worry they wont be.

Upset because my tax dollars go to support a failed business plan. Who has now dumped in the laps of the people a huge price tag. There plan for success? Out source to other countries maintenance. Reservations wont be handled by anyone in this country. Ground support, offered to the lowest bidder. How long until FA's and Pilots are out sourced? Cant happen think twice, they are coming, for those jobs too.

Yes I am an AA flight attendant, I think that is as well documented fact. I think we all know as fact and realize what you are.

 

[Finish or Ignore]

FA Mikey:

I want to see every airline employee get the best deal possible, regardless of the source. Why are you concerned that US Airways has obtained a federally backed loan guarantee created by Congress, the PBGC will provide employees with retirement income, and now there is a new retiree presciption drug program?

I believe it is great that US Airways' employees, just like any other airline, can obtain these benefits. How come you seem upset by these actions ,(as an American Airlines Flight Attendant)?

Regards,

USA320Pilot

[post="258423"][/post]​

FA Mikey,
I vowed to myself not to be surprised by anything he would say or post. But, This is an excellent example of the old addage 😱pen your mouth and remove all doubt. I myself am embarrased that my friends and neighbors are footing the bill to prop MY company up.

 

[Bear96]

Don't worry Mikey... the AA pensions will soon be "dropped in the laps of the feds" too, and soon enough AA will be taking advantage of all those government handouts you see as unfairly going to U and propping up AA's failed business model as well!

You're turn is just around the corner ...

 

[Retired1]

Mikey,
Effective Jan.1 2006 the Medicare drug plan is as follows. First 250.00 is a deductable - 251.00 until 2250.00 person pays 25% and Medicare pays 75% - 2251.00 until 3600.00 Medicare pays nothing- after 3601.00 Medicare pays all but 5%.

I just sent my April Cobra payment in as a pre 65 retiree in the amount of 774.22. I hope you think that is enough pain for us. I sure do.

 

[FA Mikey]

Mikey,
Effective Jan.1 2006 the Medicare drug plan is as follows. First 250.00 is a deductable - 251.00 until 2250.00 person pays 25% and Medicare pays 75% - 2251.00 until 3600.00 Medicare pays nothing- after 3601.00 Medicare pays all but 5%.

I just sent my April Cobra payment in as a pre 65 retiree in the amount of 774.22. I hope you think that is enough pain for us. I sure do.

[post="258577"][/post]​

My point is about a failed business plan. I am tired of seeing the government prop up a money losing company's which are bringing down the rest of the industry. Survival of the fittest, whom ever that ends up being. Time to cut the life support and let the market decide who stays and goes.

So if AA drops its pensions, that would be a shame. I a not so sure they will. But knowing what it amounts too, in my work group. It wont matter all that much to me.

 

[USA320Pilot]

FA Mikey:

The U.S. government passed the loan guarantee program and provided financial assistance in more than one way, which your company obtained too. Why do you not talk about that point?

The PBGC was created to help all companies and I understand you and your colleagues may soon see that too.

The new retiree presecription drug plan was discovered by ALPA R&I and helps all US employees.

Your post indicates what this is really about, your fear that AA will impose these changes on you, one way or another.

Regards,

USA320Pilot

 

[FA Mikey]

FA Mikey:

The U.S. government passed the loan guarantee program and provided financial assistance in more than one way, which your company obtained too. Why do you not talk about that point?

[post="258605"][/post]​

[post="258605"][/post]​

AA only got money for the time the govenment shut down the air space in the US. Not the same and you know it!

The PBGC was created to help all companies and I understand you and your colleagues may soon see that too.

[post="258605"][/post]​

Wrong the PBGC was created to save employees of companies who squandered there pension funds and left them high and dry. It was never intended to be a business tool for failed business to dump their obligations on the tax payers.

You have more insider info about AA? Are you lunching on your off time with our CEO as well. Wake up, you are no more in the loop with AA decision making as you are at U.

The new retiree presecription drug plan was discovered by ALPA R&I and helps all US employees.

[post="258605"][/post]​

Which is great and they need help. For all the other things stand up pay your way. Stop wasting tax payer money and bring down the industry, with your failed business plan. Stop expecting everyone else to continue to prop U up.

Your post indicates what this is really about, your fear that AA will impose these changes on you, one way or another.

[post="258605"][/post]​

No Its says quite the opppisite. I am unconcerned about a pension from AA. I would like to hope my medical and pass benefits will still exist. That will depend on AA's survival. Medical is currently being prefunded.

 

[USA320Pilot]

FA Mikey:

I guess its right to get money from the government if it serves your purpose, but not others? Is the government financial gift and assistance program different? That depends on a person’s point of view, I guess. By the way, could AA have applied for the loan guarantee and was it available to the company?

The PBGC agreed to take on US Airways' underfunded pension and filed a motion with the bankruptcy court seeking the funds. Did you selectively miss that point too?

I understand why you're not concerned about your pension because the PBGC award is about the same as your current retirement plan. Furthermore, I fully understand why you "would like to hope my medical and pass benefits will still exist."

Guess what? US Airways employees hope that too and are not lobbying for the demise of your company, like you appear to be here.

Why don't you just stick to the AA board because it's obvious your interest in US Airways is "self interest" and preservation. Bruce Lakefield has commented on how many of US Airways' competitors are upset that US Airways still exists today and will likely survive the industry shakeout. It appears you feel the same way as US Airways' competitors, which is something I believe, is distasteful because I do not want to see any company disappear and people hurt.

Regards,

USA320Pilot

 

[luv2fly]

FA Mikey:

The U.S. government passed the loan guarantee program and provided financial assistance in more than one way, which your company obtained too. Why do you not talk about that point?
Regards,

USA320Pilot

[post="258605"][/post]​

Probably because your statement could be misinterpreted as meaning that AA received an ATSB backed loan which they did not. U received the ATSB approval and has subsequently made two trips to BK. Somehow I just think you were trying to put some spin on your statement. :down: