Not my fan club;-)
Mr Bloggs,
ok if you want to slander, get the facts straight.
Now can we get on with the main thrust of this thread???
As to your question ref LoL - all that has happened is that they have extended LoL till 60, as per the current ASL contract. LoL and LoI are two different beasts so as usual we are not getting anything for free.
19weeler
what can I say? I have worked with both men and I trust ST. ND was on a personal revenge agenda and would not be swayed from his course regardless of membership angst. Under his 'reign' we went from 95% membership to below 50%. SInce ST has taken over I believe we are now back over 60%.
I don't remember working any G days or answering the phone during contract compliance but since you say I did, I must have. Please tell me what other atrocities I am responsible for.
Now onto serious questions....
Mach75/Kane toed
I haven't read the fine print but my understanding is this....since you are both current employees(ie CoS99) you can elect to go on a base but you will have to transfer over to CoS08 at some stage. This will mean no bypass pay for anyone extending 55-64. You will have a choice between receiving CoS99or CoS08(ie UFO) based salary. It varies from base to base but simply put, CoS99 is much higher for the first 4 years, then UFO is higher, then both scales remain close around the 7-10 year mark.
In the Aus basing case, you would be $100,000+ worse off switching over to UFO scale taking a base. You can do say 3-4 years on the base on CoS99 salary (but CoS08 conditions) then switch over to UFO scales if you wish. Once you switch to UFO scales you cannot switch back though.
My advice(with all the usual disclaimers) is if you must/want/need to take a base as an FO, go on CoS99 salary scales. You will have 3-4 years to work out whether it is worth switching to UFO scales at year 5.
As a general warning....RA65 will mean your career earnings(till 55) are such that you will have to work 2-4 more years just to recover lost earnings. If you receive full bypass pay, that loss is ameliorated such that you 'only' have to work an extra year or so to break even financially on the loss that RA65 will cause you.
clear as mud?
Last edited by Numero Crunchero; 11th October 2007 at 04:26.