Who’s Watching the Watcher?

Who is Watching the Watcher of Our Money?

Who is Watching Gilardi?

Is there any Plan for an Independent Audit?

There are so many questions regarding irregularities in the disbursement of Settlement funds–Gilardi appears to be on the brink of failure, we are kept in the dark, last minute requests for IRS rulings, promise after promise after promise, yet delay after delay after delay

Maybe there needs to be an Independent Audit of How the Settlement Fund Money is being Disbursed?

The Plan of Allocation and Distribution Order (court Document 639-1) provides general instructions for how the funds are to be disbursed, but who is giving Gilardi the detailed instructions needed to fill in the gaps–such as, which bills submitted for payment are legitimate charges against the Fund, special payment instructions to those providing services (e.g., our fast and efficient tax specialists)?

Who is choosing the tax specialists and others which are getting paid from the Fund? Who is the ultimate “boss” who is directing how the Fund is dispersed? Is it IAM boss Rooney? Is it SPEEA director Bob Brewer? Is it IAM or SPEEA general counsel? Is it our lead attorney Arlus Stephens? Is it our local attorney Tom Hammond? And, if it is one of the attorneys, remember  an attorney is responsible to his “client” and takes instructions from the “client”. So, who is the ultimate “client” of the attorneys who gives them their marching instructions? We know it is not any of the Class Members. Is it Rooney, Brewer, another higher up IAM or SPEEA union official or counsel? Is it one or more of the Named Plaintiffs (our “Class Representatives”)? WE NEED TO BE TOLD THIS INFORMATION, otherwise there is not full disclosure. We need to see if there are Conflicts of Interest (in addition to the conflicts of interest the unions and attorneys may have). We know the judge is not giving the day-to-day directions of how Gilardi is to pay out our money.

There should be an Independent Audit of the Settlement Fund to determine:

1. Are the funds still there?

2. Is the Settlement Agreement being followed regarding how the funds are disbursed.

3. Disclosure of the formulas used to determine each Class Member’s share?

4. Are there any suspicious disbursements or charges to the Fund?

5. Are the rules being changed as we go along to allow payouts which were previously not allowed?

6. Exactly how are the attorneys’ fees being disbursed to the attorneys and how much to which attorneys?

7. What is the mechanism by which the attorneys are kicking back the fees the unions paid them? Who are these checks made payable to? In what amounts?

8. Who authorizes the payments–Who signs the checks?

9. After all the money is paid out, does it add up to $90 million, or did a couple of million go missing?

 

 

162 responses to “Who’s Watching the Watcher?”

  1. Anonymous says :

    I think we do need an audit done ,somethings not quite right here, whole deal stinks of wrong.

    Like

    • Anonymous says :

      I think they are still sitting on a lot of our money,can’t let then think things are all good since they sent us some crumbs.

      Like

  2. Anonymous says :

    Knock knock

    Like

  3. Anonymous says :

    Going on vacation after I buy my new car for cash.

    Got some money in my pocket so nothing matters anymore.

    When it is gone I will cry about how unfair I been treated.

    Like

  4. Jack and the bean stock---Want some seeds? JW says :

    Hate to sound nasty but the first thing that came to me after reading the last comment was…. ALL ABOUT ME. Hope you have a great time. Don’t forget the Lords share!!!

    Like

  5. Anonymous says :

    In #4 of the frequently asked questions on the Gilardi website it states “the residual checks are tentatively scheduled to be sent in the new year”. I assume they mean 2017.

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  6. Anonymous says :

    Money, money, money, that’s all anybody cares about. If someone got away with what is or was not suppose to be theirs, that is on their soul. God help them. If I get cheated that is the way of the world. Jesus said I’m not of this world. My soul cries out for peace. I will not find it here. I will only find it in the solitude of my mind when I pray and think of him.

    Like

  7. Jack and the bean stock---Want some seeds? JW says :

    AMEN AND AMEN
    Thank you my brother or sister in Christ! You said a mouthful!

    Like

  8. Anonymous says :

    Church let out but the love for all human kind should never let out. Religion leaves you dry like the desert sand but faith in God refreshes the soul.

    Like

  9. Anonymous says :

    Many praises to Yahweh.

    Like

  10. Anonymous says :

    No checks until next year sometime.

    Check stub in error.

    Like

  11. Anonymous says :

    Why in the world would they have printed a check stub with that information on it after all the bull that has gone on. Where did you get this information from, don’t believe it for a minute. Look at the tax implications.

    Like

  12. Anonymous says :

    What makes you think they give a crap about the tax implications for us? They could care less. The information is posted on the Gilardi website in the frequently asked questions (read the answer to #4).

    4. WHEN WILL THE SETTLEMENT FUNDS BE DISTRIBUTED?

    We anticipate the “pension” distribution checks will be mailed out to Class Members by the end of July, 2016. The “residual” checks are tentatively scheduled to be sent in the New Year.

    See it for yourself (link below):
    http://www.wichitaretirementclasssettlement.info/frequently-asked-questions.aspx

    Like

  13. Anonymous says :

    When were they ever on target in the past?

    I wouldn’t expect anything to be different now.

    Like

  14. Anonymous says :

    Reply today from a Claims Administrator: We expect the residual checks for the Pension Portion of BWICH to go out by the end of 2016, as per the check letter.

    Like

    • Anonymous says :

      Key word is expect.

      Like

      • Anonymous says :

        Yep. Aren’t words wonderful? By saying they “expect” it to happen, they aren’t promising anything and are allowing for unexpected issues. They won’t know the final amount to be distributed until all medical claims are resolved. If one (or more) happens to get hung up, it could delay the residual checks. In that case, they haven’t lied.

        Like

  15. Anonymous says :

    Exactly!!

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  16. Anonymous says :

    Anybody have any more definitive information on when the residual checks are “expected” to be distributed (end of November, end of December, end of 2025)?

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    • Anonymous says :

      If we could foresee the future, we probably wouldn’t be here. 🙂 You might send them a note and ask. They responded quickly when I emailed them. However, unless the checks are ready now, I doubt they will narrow it down any more. They can’t see the future either. They may be closing out some final medical claims or waiting for claimants to respond to a request for more information. Seems the deadline for initial filing of medical claim was in September, but those who didn’t send complete information may be holding up the process. Hopefully, Gilardi has drawn a line in the sand, even if they aren’t willing to share that deadline.

      Like

      • Anonymous says :

        Just an observation while attending the union sponsored activities at the All Sports this last Sunday.

        The people who took part in organizing the event seemed very positive and hopeful that it would put a positive light on the union.

        I also heard a lot of people expressing a great deal of mistrust wondering what is coming next or how are WE going to pay for this?

        Many are expecting our dues to go up.

        Like

  17. Anonymous says :

    How about that big settlement check.

    Twenty big bucks.

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  18. Anonymous says :

    What twenty bucks on what settlement?

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  19. Anonymous says :

    I got $87.00 on the 401K settlement didn’t even no I was in it, Well I Thank God for what I have received he knows what I need . I sure don’t want to complain an he take it quickly. THANK YOU JESUS

    Like

  20. Anonymous says :

    Rumor Mill Churning…….Spirit AeroSystems has been sold to GE…….Transition will happen in Jan 2017…….

    Like

  21. Anonymous says :

    How about them Chiefs?

    Like

  22. Anonymous says :

    RACIST

    Like

  23. Anonymous says :

    Any word on a retirement offer this year end? Anyone heard?

    Like

  24. Anonymous says :

    I’ve heard rumors only……..

    Like

  25. Anonymous says :

    Check coming soon?

    Like

  26. Anonymous says :

    Chiefs looking good.

    How that Chargers game? Awsome.

    Like

  27. Anonymous says :

    Rumor Control………a Golden Hand Shake…….5 yrs on your age / 5 yrs on your pension

    Like

  28. Anonymous says :

    That’s five years added to your service……..

    Like

  29. Anonymous says :

    if your age + 5 is 62 or more….you’re in……you pay what any active employee pays……again this is a rumor only…….

    Like

  30. Anonymous says :

    Trump wins over HRC……Cubs win World Series……..What’s next?

    Like

  31. Anonymous says :

    I asked Gilardi when we can expect the residual checks and what the hold-up is. They responded that there is no hold-up, the funds are ready for disbursement, but that a specific date is not yet known. They still intend to send before the end of 2016.

    Like

  32. Anonymous says :

    Voluntary Early Retirement Offer 2017 edition for Salary thru Execs coming for Christmas……..

    Like

  33. Anonymous says :

    Just heard Spirit is offering one year salary plus 10,000 if you take early retirement before January 3.

    Like

    • Anonymous says :

      Does not include persons under the IAM.

      Like

      • Anonymous says :

        NEITHER DID THE LAST ONE EARLIER THIS YEAR, FOR THE FIRST COUPLE OF WEEKS, THEN IT BECAME FOR EVERYONE. BOEING TOLD SPIRIT IT HAD TO GET ITS COST DOWN, SO SPIRIT CANT HAVE A LAYOFF, THEY WOULD HAVE TO GET RID OF THE YOUNG WORKERS AT $15.00 DOLLARS AN HOUR THAT THEY JUST HIRED. SO THEY WILL HAVE A BUYOUT TO GET THE OLDER WORKERS OUT, THEN HIRE MORE NEW $15.00 DOLLAR AN HOUR EMPLOYEES TO REPLACE THEM. ALL THEY WERE WAITING FOR WAS TO GET THE LAST GROUP OF RETIREE’S OUT OF HERE SO THEY COULD UP THE OFFER A BIT TO TRY TO GET THE REST OF US OUT OF HERE. SO IT WONT BE VERY LONG THEN YOU CAN DECIDE TO LEAVE OR STAY, GOOD LUCK WITH YOUR DECISION.

        Like

  34. Anonymous says :

    How much will the interest check be?

    Like

  35. Anonymous says :

    buck fifty

    Like

  36. Anonymous says :

    The buy out this year sucks. Must be 64 years and younger and no gap insurance with it. One years salary plus $10,000. Not many people bitting this year. Dumb people.

    Like

  37. Anonymous says :

    Check check check

    Like

  38. Anonymous says :

    Why can’t we get an update on the residual checks? Why does everything have to be such a big secret? We were told on our check stubs that we would receive the proceeds from the residual checks by the end of the year. It is the end of the year!! I understand there are delays, etc. but why is it so hard to just provide an update!!!!

    Like

  39. Anonymous says :

    What year?

    Like

  40. Anonymous says :

    Any one heard anything on any STIP payout?

    Like

  41. Anonymous says :

    I thought there was a website you could go to that explains all that.

    I will look on Monday but I am sure I read that somewhere. E-mail I think.

    I heard there was a COLA coming in the next paycheck but nothing about any performance bonus.

    Like

  42. Anonymous says :

    I got a letter from SSN and I will be penalized next year because of the check we got for this settlement as they are sawing it’s wages. So after first of year I am taking my first letter which says “Retirement Settlement” and get this off my wages for 2016 so you think they will agree with me. If you are below 66 years old and your 2016 earnings limit for all year was $15,720. So my check put me over the top. I will fight this completely. They will deduct $1. from your benefits in 2017 for each $2.00 you earn over $15,720. so I am going to be in trouble. Also my early retirement bonus is going to put me over. I will prove to them it’s not wages also. Wages is when you put your time in not bonuses. I hope I win.

    Like

  43. Anonymous says :

    I called today and was told the checks will be mailed this month.

    Like

  44. Anonymous says :

    Merry Christmas.
    Happy New year.

    God bless you all.

    Like

  45. Anonymous says :

    No check today.

    Like

  46. Anonymous says :

    How much? Anyone know?

    Like

  47. Anonymous says :

    Zzz zzz.

    Like

  48. Anonymous says :

    Ditto on December 30th mailing. Received email from Gilardi last evening stating checks will be mailed on December 30th at 12:30 pm. Nothing on taxes and states that amount unknown. I hope that these checks are dated 2017 so they will be on next years taxes.

    Like

    • Anonymous says says :

      Nope they will be dated 12/30/2016. There is also to be a W2 coming with the checks that shows both amounts. August & December 2016. I am just guessing but the amount of this check could be some where around $5200 after all tax removed from it.

      Like

  49. Anonymous says :

    Anyone between 62 and 66 that have started their SSN will be penized due to this settlement. I am going to fight mine at SS office as this is not wages. I will let you know what I find out.

    Like

  50. Anonymous says :

    Happy New year.

    Like

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