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boycott united forever



 
 
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  #21  
Old May 12th 05, 10:10 PM
Montblack
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("Garner Miller" wrote)
Unless you're a pilot, forced to retire at 60 by the FARs. Then you
get $28k to live on because you "retired early." Worked hard to build
a nice house? You're going to have to sell it -- you won't be able to
afford the taxes on it.

Sad.



1. ROTH
2. IRA
3. Sell house (downsize) ...pocket up to $500K tax free
4. Avoid debt
5. Avoid divorce
6. Morning shift at McDonald's is usually the older English speaking gals.
Start here, unless your Spanish is passable enough for the afternoon and
evening crews.


Montblack

  #22  
Old May 12th 05, 10:28 PM
RomeoMike
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No, but, in the scenario that United were to fold, do you think the
present job market could absorb all of those workers? And the ones lucky
enough to find a job...who says the next company wouldn't default on
promises. Seems to be the rage these days. At least they have a salary
that feeds the family as long as United exists or they might be
fortunate enough to find another job.

Andrew Gideon wrote:



If they're smart, they'll leave. The company has already shown what its
word is worth. Would you work for someone that broke promises to pay you?

- Andrew

  #23  
Old May 12th 05, 10:42 PM
Ron Natalie
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gatt wrote:
My dad worked for 24 years at UAL-PDX. Laid him off in his 24th year, a
year before he was eligible for full retirement.


Doesn't matter, United bankrupted the pension plan as well.
  #24  
Old May 12th 05, 11:05 PM
OtisWinslow
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You got it right, Chris. I quit flying United several years ago. I could no
longer
tolerate their rude, arrogant employees .. constant late and canceled
flights
because of broke airplanes .. etc. Recently my daughter went on a trip
with
a group. Her travel group was on United. I told her I was sorry and to be
prepared for a delay along the way. I was right. She was stuck in Chicago
because of a broke plane. She was amazed I could tell the future.

They made their own bed .. let them lay in it.



"Christopher Campbell" wrote in message
...



Let's not forget that it is these employees who are largely responsible
for
running the company into the ground. CEOs come and go, but the employees
ran
it from day to day. They made unreasonable demands in bad faith, sometimes
threatening to strike if the pot was not sweetened even more. In the end,
the company was entirely owned by the employees. They hired the CEO. They
fired him. They decided how much he should be paid. Now whose fault was
that?



  #25  
Old May 12th 05, 11:23 PM
Newps
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gatt wrote:
My dad worked for 24 years at UAL-PDX. Laid him off in his 24th year, a
year before he was eligible for full retirement. He was UAL-PDX employee
of the year a couple of times, received all kinds of awards and bonuses...he
received one award for not missing a day of work for something like five
years.

Years later, some new jackass comes along, wrecks the company and walks off
with a $1.5 million guaranteed pension after a trivial amount of time.
Meanwhile, the pilots, flight attendants and everybody else who MADE UNITED
WHAT IT WAS are screwed out of their contracted pension.


United became employee owned about 7 or 8 years ago. They screwed
themselves.
  #26  
Old May 12th 05, 11:47 PM
John Galban
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gatt wrote:

Are you saying my father isn't "smart"? Are you saying that company

loyalty
and hard work isn't smart?


I'm really sorry to hear about your father's financial predicament,
but to answer your question, hard work is very smart, company loyalty
is an anachronism from a bygone era. It hasn't been a relevant concept
for decades.

Pledging your future to a faceless corporation is great for the
corporation, but as your father found out, it's a one-way street.
Tactics like getting rid of an employee on the eve of retirement (to
save a few bucks) are fairly commonplace. On top of that, banking
your retirement on the fact that a corporation will not only be in
business, but be profitable enough to support all of the former
employees is quite a gamble. Even large corporations fold on a fairly
regular basis.

I've only been in the workforce for about 26 yrs and have never
understood pensions. It requires a huge leap of faith in a
corporation. I equate it to keeping all of your retirement savings in
one stock. Not a financially sound move by any measure.

John Galban=====N4BQ (PA28-180)

  #27  
Old May 12th 05, 11:50 PM
Andrew Gideon
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RomeoMike wrote:

No, but, in the scenario that United were to fold,Â*Â*doÂ*youÂ*thinkÂ*the
present job market could absorb all of those workers?


Well, it wouldn't quite be "the present job market". United folding would
leave an opportunity. I'd hope that at least some of the routes/flights
would be picked up by someone else (hopefully an upstart like JetBlue that
might actually make them work).

If not...well, then there was apparently no market for it (at least at
current pricing). That's unfortunate, but reality.

And the ones lucky
enough to find a job...who says the next company wouldn't default on
promises. Seems to be the rage these days.


Perhaps so. But I'd rather put my faith in someone that's not [yet] proven
untrustworthy as opposed to someone that already has.

- Andrew

  #29  
Old May 13th 05, 01:52 AM
BTIZ
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you work and build a retirement plan based on what you have done and what
the company promised..
and then after you retire.. the company cuts your planned pension from
$60-70K to $45K
how are you going to live now... sell everything you have.. and buy
something cheaper..
unless you already did that to retire..

BT

"Jay Honeck" wrote in message
news:BGOge.76229$c24.4371@attbi_s72...
Unless you're a pilot, forced to retire at 60 by the FARs. Then you
get $28k to live on because you "retired early." Worked hard to build
a nice house? You're going to have to sell it -- you won't be able to
afford the taxes on it.


That's not what NPR said -- although it IS the pilots who will be hurt the
most.

The way they put it, after clearing a 6-figure income as a United pilot, a
retired United pilot would be capped at "only" $45K annually under the new
plan, despite the fact that his higher past salary entitled him to a MUCH
higher pension payment under the old retirement plan.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"



  #30  
Old May 13th 05, 02:06 AM
Mike Rapoport
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"Christopher Campbell" wrote in message
...



On 5/12/05 1:21 PM, in article , "gatt"
wrote:


"Jay Honeck" wrote in message news:cNNge.76189

Speaking as one of the millions who have never had a pension plan -- and
never will -- $45K per year for sitting around the house sounds pretty
danged good.

Of course, that pension will now be paid out by We, the People, instead
of
They, the Stockholders...


Yep. Corporate welfare, and never a demand for accountability.

You guys suppose that if a General destroyed his entire brigade or
division,
they'd give him a $1.5 million dollar pension and let it go?


Let's not forget that it is these employees who are largely responsible
for
running the company into the ground. CEOs come and go, but the employees
ran
it from day to day. They made unreasonable demands in bad faith, sometimes
threatening to strike if the pot was not sweetened even more. In the end,
the company was entirely owned by the employees. They hired the CEO. They
fired him. They decided how much he should be paid. Now whose fault was
that?



Good points all! To add another: Anybody, including United employees could
see, in easily obtainable documents, that United was not funding its pension
obligations for many, many years. Any United employee who is surprised that
they aren't going to get their pension is a fool. The handwriting has been
on the wall for years, perhaps decades.

Mike
MU-2


 




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