Admin Posted December 20, 2005 Share Posted December 20, 2005 They failed to reach a new contract last night, the city is nuts right now. Helicopters flying around my area all night because the headquarters are nearby. Shouldn't something like this be avoided at any cost? This is going to cripple the economy here. Quote Link to comment Share on other sites More sharing options...
prinmemito Posted December 20, 2005 Share Posted December 20, 2005 Glad I live 4 blocks from school. I am sure this thing is a nightmare right now. The MTA has a $1 billion yearly surplus. Give the MTA workers the pension concession they're looking for. The only thing they want is for new employees to be given the same pension plan current workers have - the option to retire and receive their pension at 55. I'm siding with the workers on this one. Quote Link to comment Share on other sites More sharing options...
PBMarlin Posted December 20, 2005 Share Posted December 20, 2005 The pension age should be increased IMO. Social Security full retirement is now 65 1/2 years. Why should transit workers get to retire at 55? Quote Link to comment Share on other sites More sharing options...
prinmemito Posted December 20, 2005 Share Posted December 20, 2005 The pension age should be increased IMO. Social Security full retirement is now 65 1/2 years. Why should transit workers get to retire at 55? They bargained for it. They ought to have the right to bargain for whatever they want - this is a free country and they can ask for whatever. It's not about what anyone thinks is the right pension age. This isn't social security. We leave in a free market system where people and groups can sign whatever deals they want - so long as they're not unjust or illegal The MTA needs the workers just as much as the workers need the MTA. The Union is opposed to having two different pension ages for the workers - one for those that are already on the job and one for those that are just joining or will join in the future. They're just trying to maintain solidarity. I hope the MTA gives them what they want. The City is a mess right now. Quote Link to comment Share on other sites More sharing options...
PBMarlin Posted December 20, 2005 Share Posted December 20, 2005 The pension age should be increased IMO. Social Security full retirement is now 65 1/2 years. Why should transit workers get to retire at 55? They bargained for it. They ought to have the right to bargain for whatever they want - this is a free country and they can ask for whatever. It's not about what anyone thinks is the right pension age. This isn't social security. We leave in a free market system where people and groups can sign whatever deals they want - so long as they're not unjust or illegal The MTA needs the workers just as much as the workers need the MTA. The Union is opposed to having two different pension ages for the workers - one for those that are already on the job and one for those that are just joining or will join in the future. They're just trying to maintain solidarity. I hope the MTA gives them what they want. The City is a mess right now. As quality of life for the elderly and life expectation continues to increase the length of time a retired person is on a pension increases.....thus the increased financial burden to the system. People retiring today collect Social Security (full benefits) at age 65. The earliest you'll get them is 67. It makes complete sense for the retirement age to go up. 55 is very low. Quote Link to comment Share on other sites More sharing options...
prinmemito Posted December 20, 2005 Share Posted December 20, 2005 The pension age should be increased IMO. Social Security full retirement is now 65 1/2 years. Why should transit workers get to retire at 55? They bargained for it. They ought to have the right to bargain for whatever they want - this is a free country and they can ask for whatever. It's not about what anyone thinks is the right pension age. This isn't social security. We leave in a free market system where people and groups can sign whatever deals they want - so long as they're not unjust or illegal The MTA needs the workers just as much as the workers need the MTA. The Union is opposed to having two different pension ages for the workers - one for those that are already on the job and one for those that are just joining or will join in the future. They're just trying to maintain solidarity. I hope the MTA gives them what they want. The City is a mess right now. As quality of life for the elderly and life expectation continues to increase the length of time a retired person is on a pension increases.....thus the increased financial burden to the system. People retiring today collect Social Security (full benefits) at age 65. The earliest you'll get them is 67. It makes complete sense for the retirement age to go up. 55 is very low. I don't disagree when you're talking about a public pension system. This isn't a public pension system, though. It's only available for MTA workers. They bargain for their pension plan just like a union for GM would. It's the same principle. Are you saying all pension plans should increase even when they're not for the public at large? I don't have a problem with a negotiated pension plan for workers. We're talking about a labor agreement here, not a pension plan designed for the public at large. Quote Link to comment Share on other sites More sharing options...
PBMarlin Posted December 20, 2005 Share Posted December 20, 2005 The pension age should be increased IMO. Social Security full retirement is now 65 1/2 years. Why should transit workers get to retire at 55? They bargained for it. They ought to have the right to bargain for whatever they want - this is a free country and they can ask for whatever. It's not about what anyone thinks is the right pension age. This isn't social security. We leave in a free market system where people and groups can sign whatever deals they want - so long as they're not unjust or illegal The MTA needs the workers just as much as the workers need the MTA. The Union is opposed to having two different pension ages for the workers - one for those that are already on the job and one for those that are just joining or will join in the future. They're just trying to maintain solidarity. I hope the MTA gives them what they want. The City is a mess right now. As quality of life for the elderly and life expectation continues to increase the length of time a retired person is on a pension increases.....thus the increased financial burden to the system. People retiring today collect Social Security (full benefits) at age 65. The earliest you'll get them is 67. It makes complete sense for the retirement age to go up. 55 is very low. I don't disagree when you're talking about a public pension system. This isn't a public pension system, though. It's only available for MTA workers. They bargain for their pension plan just like a union for GM would. It's the same principle. Are you saying all pension plans should increase even when they're not for the public at large? I don't have a problem with a negotiated pension plan for workers. We're talking about a labor agreement here, not a pension plan designed for the public at large. In a sense, yes. I do believe the retirement age for all pension plans should go up. Or perhaps said in a better way, pensions plans should be adjusted so all recepients have the same length of benefits on average. It's necessary for corporations to remain competitive in a global market. As a matter of fact, most corporations have eliminated pensions altogether and now have employees manage their own 401K retirement plans. Anyone who earns a pension these days is fortunate. Quote Link to comment Share on other sites More sharing options...
yenta Posted December 20, 2005 Share Posted December 20, 2005 Oh no! Another day Admin is stuck in front of his computer with nothing to do. What a waste of manpower....... :thumbdown Quote Link to comment Share on other sites More sharing options...
TSwift25 Posted December 20, 2005 Share Posted December 20, 2005 This really sucks. Sure is going to make getting to the airport on Thursday tons of fun. Quote Link to comment Share on other sites More sharing options...
Das Texan Posted December 20, 2005 Share Posted December 20, 2005 guess its a good thing Admin never leaves his home huh? Quote Link to comment Share on other sites More sharing options...
yankeefan21 Posted December 20, 2005 Share Posted December 20, 2005 In a sense, yes. I do believe the retirement age for all pension plans should go up. Or perhaps said in a better way, pensions plans should be adjusted so all recepients have the same length of benefits on average. It's necessary for corporations to remain competitive in a global market. As a matter of fact, most corporations have eliminated pensions altogether and now have employees manage their own 401K retirement plans. Anyone who earns a pension these days is fortunate. While I understand your logic, you are missing one very important piece of the puzzle. This isn't about "retirement" as much as it is about "compensation." As an MTA employee, you have a tough job with difficult hours and low wages. To make up for the low wages, your retirement and benefits package become paramount in the compensation arena. To take away this retirement benefit - or even to push it back - is like forcing a paycut on new workers. THAT is where the conflict is stemming from. In addition, the MTA is doing very well financially, thank you very much, and can easily afford to honor their current contract. This is not supposed to be a for-profit organization yet they remain heavily in the black year after year. Here's a fun fact - the tolls you pay to cross the George Washington Bridge were supposed to go away once the bridge was paid for. The bridge currently pays for itself three times over each year. Quote Link to comment Share on other sites More sharing options...
CapeFish Posted December 20, 2005 Share Posted December 20, 2005 I just had to arrive in Newark so they could go on strike in New York City. Good thing we headed south to near New Brunswick. OMG Rutgers is going to a bowl game. Quote Link to comment Share on other sites More sharing options...
Beetle Posted December 20, 2005 Share Posted December 20, 2005 Boy, am I glad I didn't pick this week to go back for a visit. Quote Link to comment Share on other sites More sharing options...
Hotcorner Posted December 20, 2005 Share Posted December 20, 2005 Admin get out there & drive a bus. Quote Link to comment Share on other sites More sharing options...
Admin Posted December 20, 2005 Author Share Posted December 20, 2005 guess its a good thing Admin never leaves his home huh? Working from home = win :mischief Admin get out there & drive a bus. I would but uhm... I don't want to cross the picket line, yeah that's it Quote Link to comment Share on other sites More sharing options...
Das Texan Posted December 20, 2005 Share Posted December 20, 2005 guess its a good thing Admin never leaves his home huh? Working from home = win :mischief Admin get out there & drive a bus. I would but uhm... I don't want to cross the picket line, yeah that's it and he cant drive. which probably isnt saying much. Quote Link to comment Share on other sites More sharing options...
Boog Sciambi Posted December 20, 2005 Share Posted December 20, 2005 city of new york to lose $400,000,000/day Quote Link to comment Share on other sites More sharing options...
EndLine Posted December 20, 2005 Share Posted December 20, 2005 Think it will last another day? Quote Link to comment Share on other sites More sharing options...
Admin Posted December 21, 2005 Author Share Posted December 21, 2005 Yeah I think so Quote Link to comment Share on other sites More sharing options...
dirtpeddler Posted December 21, 2005 Share Posted December 21, 2005 I knew threre was a reason I left NYC when I was 6 months old, this must be it. Quote Link to comment Share on other sites More sharing options...
MarlinFan10 Posted December 21, 2005 Share Posted December 21, 2005 Do you know how much damage a transit strike in Coral Springs, FL would cause? None at all. Just another reason why South Florida>New York Quote Link to comment Share on other sites More sharing options...
TSwift25 Posted December 21, 2005 Share Posted December 21, 2005 Do you know how much damage a transit strike in Coral Springs, FL would cause? None at all. Just another reason why South Florida>New York :notworthy :notworthy :notworthy Quote Link to comment Share on other sites More sharing options...
Dodge Posted December 21, 2005 Share Posted December 21, 2005 Mid-Atlantic Suburbia > * Quote Link to comment Share on other sites More sharing options...
yenta Posted December 21, 2005 Share Posted December 21, 2005 Think it will last another day? I think this will all be over before Thursday or Friday. I think that the bigwigs were saying, "Go ahead- strike!" They never thought their bluff would be called- and now the city is in a state of panic, right before the two busiest shopping days. I love New York..... Quote Link to comment Share on other sites More sharing options...
TSwift25 Posted December 21, 2005 Share Posted December 21, 2005 The union's getting fined $1 million a day for being in contempt of court, since this strike ignores an injunction. I just hope it's finished today, I need to get to the airport tomorrow and it's absolutely impossible to get a cab. Quote Link to comment Share on other sites More sharing options...
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