You need to post this on the "other sites" where everyone is bashing it.
I had one of the negotiators (with whom I have worked and lived in a crash pad through two employers) on my jumpseat and he truly felt that the team had ate their lunch. He also was confident that by giving up the 150% on picking up open time, that it would be back by Labor Day when they could not staff.
I got a call today for a trip--you would not believe what they offered me. But I have my FFDO requal tomorrow. So, I am off to sleep after posting this.
My wife is an expert on insurance because that is what she does for her job. People are complaining about the immediate increase in insurance rates (mine is 44% from $155/mo to $221/mo for employee plus spouse) with a 7% annual cap thereafter. This is for an open access, no referral PPO. First of all, we used to have a 10% annual cap. Second, we have a bunch of Cadillac plans. They are very expensive and we were not paying anywhere (and still won't with this contract) what the real world pays for that kind of coverage. My wife says we should have a wider array of plans that are not just the Cadillac--Bare Bones High Deductible plans. There should be a middle plan that is the same as the Cadillac plan but requires referrals. That would save people a lot of money.
On the 401(k), we get an increase to 9% in year 4. Plus, we get a new addition. Our provider only allows a % contribution which you know is difficult to calculate in our industry. So, for example, I want to contribute the maximum allowed by law. My company matches 8%. But, since I never know what I'm getting I can't adjust my contribution rate with T Rowe Price in time. So, I max out on my $16,500 in Sept and lose out on the 8% for the rest of the year. There is a true up in this contract. That is a big deal!
They will also get medigap coverage for those that want to retire at 62+. It will be at the pilot's expense, but the company will get it for them. That may encourage some to retire--although, our few 60+ people are in great health and are great pilots and will likely continue to fly to 65. It's our 40-50's that have some major health issues!
You are right in that the negotiators got rid of the rules they were trying to propose.
Quite frankly the pay rates are as I expected. The steps are gone. That is HUGE! We kept our QOL. There are a lot of subtle differences in QOL in the contract that make a big difference. They got thrown in during the wee hours of exhaustion--"Oh, can we have X?" "Sure, that's not a big deal."