Today is July 24th, and we met with the Company and their consultants on retirement.
The Consultants gave us a presentation on how the IAM Pension compares to our present retirement. According to them our plan at 44 is better than having the IAM Pension, which Spirit has at $60.00.
Then they went on to show us where our pension at $44.00 is actually better than Cessna which gets $55.00. No wonder this company has a problem with schedules and budget. Just look at the way they do the math comparison for retirement.
Tell your managers no more B.S. numbers and negotiate a fair contract!