Forward with permission from Mark Minor.
CORRECTED FOR MARK MINOR DUE TO HIS SHORT MEMORY
Subject: [pilotaction] USAPA Travesty
Subject: [pilotaction] JUST PLAIN Travesty – How a few profit on the backs of many
Fellow Pilots -
Just a little note to inform this pilot group about a situation that took place which, I feel, is an absolute abomination and further proof and evidence that our new union, USAPA, does NOT have the best interest of this pilot group at heart - but rather continues to do what is best (or what looks best) for the union, not necessarily for the pilots.
In actuality, this note is a lame attempt to mask the true facts and attempt to engender sympathy for some of the worst crooks in our Airline’s history.
As you well know, both Rich Alter and myself were overtly denied any participation with regards to the new version of USAPA's R&I Committee (despite over 15 years collective experience) because of our past affiliation and support of ALPA during the election campaign.
What Mark doesn’t tell you is how Rick proudly stated at an MEC meeting in 2002 that he had “no idea about investments or retirement accounts when [he] started on this committee.â€
What you probably don't know, is that during all the time since the election (until recently) the new USAPA Negotiating Committee and the new R&I Committee have been utilizing our knowledge and experience on almost a weekly basis with them, of course, taking full credit for everything accomplished. However, the biggest abomination occurred yesterday when Captain Rick Moseley, former R&I Chairman and one of the founders and designers of our current RSP Plan (DC Plan) was denied any participation or appointment to the RSP Investment Committee - despite Rick having the most experience of ANY PILOT ON THE PROPERTY with regards to the current Plan, it's inception and structure, it's staffing, and all of the contractual language associated with the original RSP Plan inception.
What Mark fails to discuss is the reasons for the intense distrust of Rick Mosely - due to his pivotal role in the giveaway of YOUR pension.
Instead, they appointed 3 individuals who have virtually NO EXPERIENCE with our current RSP Plan. and who have come to the old R&I Committee for continued guidance since Day 1 of USAPA's tenure.
What Mark fails to mention is the WHY behind Rick’s active participation in the pension giveaway.
Call Mark or Rick or Rich Alter at home and ask them who managed the DC plan in the aftermath of the pension giveaway.
ANS: ALPA
Call Mark or Rick or Rich Alter at home and ask them what the management fees are that ALPA charges the pilots for doing so.
ANS: They won’t
Call Mark or Rick or Rich Alter at home and ask them who assisted US Airways with the SEC filing giving ALPA an exemption for disclosure of management fees for the DC plan.
ANS: Rick Mosely and Rich Alter
Call Mark or Rick or Rich Alter at home and ask them why the returns on your DC money was so much lower than your personal investments in the very same Fidelity accounts.
ANS: They’ll claim that it’s apples and oranges – hmmm…is that why our plan choices are such a mixture of funds? So it’s that much more difficult to trace?
Call Mark or Rick or Rich Alter at home and ask them how much they personally profited from being involved as “on-site managers†of this program.
ANS: They won’t answer, but it must a hell of a lot with the effort they are putting forth to get their hands back on your DC money.
Call Mark or Rick or Rich Alter at home and ask them where the DC money is currently.
ANS: Out of their control, that’s why they are so desperate to get “involved†again.
Call Mark or Rick or Rich Alter at home and ask them why they so fiercely protected the R&I Committee over the years, working hand-in-hand with Pollock and Stephan to block direct oversight and keep anyone else from joining the committee.
ANS: Where there’s smoke, there’s fire. One call to Alter with any of these questions will likely send him into one of his patented “scream-a-thons.†You will be unable to get a word in for twenty minutes or so, and you will likely hear every curse word the human race has invented, and some that he’ll invent just for the occasion.
These guys are as dirty as any ALPA lifer could be.
Gentlemen - this is an absolute travesty and is further proof of USAPA's unwillingness and incompetence with regard to something as important as important as this pilot group's future retirement welfare.
A psychologist would easily recognize this as “displaced blame.â€
Just as much a travesty, is the fact that Rick Moseley was the chief architect of the new Medical Insurance Plan just voted in for the furloughed pilots, as well as the chief advisor to the USAPA NAC for Sections 27 & 28 that were presented during negotiations to the Company. In fact, because of the absence of a proper Professional Negotiator (that USAPA has failed to provide, to date - despite it being an election platform) Rick Moseley was the main presenter/negotiator of these particular contract sections by his engaging all the Company personnel (Glass, Hemenway, Weier, Holdren, Hogg, Bular, and even Skinner) while the USAPA people mostly observed. However.............how many emails were put out acknowledging any participation or valuable input from Rick Moseley? Absolutely none. Once again, it's USAPA taking credit for someone else's work - and then slapping that pilot in the face with their latest childish antics by excluding him from having any input to the very Retirement Plan that he created.
Do you really want to keep reading this self-congratulatory piece of fiction? The go ahead and keep reading. Otherwise, Call Mark or Rick or Rich Alter at home and ask them to explain all the questions raised above.
Quite frankly, having witnessed all of the actions and the apparent complete dysfunction of this new union, I would be personally embarrassed to admit any affiliation with a group of individuals who seem to lack the necessary character and integrity required to be true leaders of men - much less representatives who are responsible for a multimillion dollar retirement Plan, a labor contract, and Health and Welfare benefits for our families. When I look at the USAPA roster and see so many names of highly controversial individuals who were (in my opinion) responsible for many of the poor decisions made on a local level at ALPA - I truly worry about the future welfare of this pilot group.
Respectfully,
Mark Minor
p.s. By the way folks - what your new UNION also fails to mention is that during this latest travesty, they also hired the Jeff White group to help pick investment options........to the tune of $260,000 a year! - a service which we (old R&I) and ALPA National provided for FREE!
P.P.S. Why are these guys so damn anxious to get their hands on our DC money? For FREE, no less?
This stinks to high heaven.
Yep............they certainly have the best interest of the pilots at heart. But hey.........let's not ask the hard questions.........that just wouldn't be right, and it might hurt someone's feelings.
P.P.P.S. I had the unfortunate experience to work closely with these thieves back then. I cannot believe they think our memories are that short.