Any "Latest & Greatest" about Delta?
02-21-2009, 02:59 PM
#5031
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Originally Posted by acl65pilot
Well I have seen some of it, and there are upwards of 1000 or so that have the sick time carried over from your contract, that will not get their shares. It is anyone's guess, but there are a bunch that have been using a lot of sick time as of late. (I know of two 400 guys that are doing precisely this. One lives in ATL. I am glad to see him doing it. One less commuter to worry about 
)
)
02-21-2009, 03:01 PM
#5032
Gets Weekends Off
Joined APC: Jun 2008
Posts: 3,716
65...when you say there are upwards of 1000 that have sick leave carried over, could you clarify...since I know of some that had 2200+ hours, I would be interested in your response
Last edited by iceman49; 02-21-2009 at 03:03 PM. Reason: mispoke
02-21-2009, 03:08 PM
#5033
Gets Weekends Off
Joined APC: Jun 2008
Posts: 3,716
Additionally, the cost of insurance expensive...as they fall off the 74s they will bump into the 400s and 330s
02-21-2009, 05:40 PM
#5034
Pog Ma Hoin
Joined APC: Aug 2007
Position: 7ER B
Posts: 208
What is shadow bidding?
02-21-2009, 05:45 PM
#5035
Gets Weekends Off
Joined APC: Sep 2006
Position: Starboard Side, weekends & holidays.
Posts: 845
Originally Posted by acl65pilot
Well I have seen some of it, and there are upwards of 1000 or so that have the sick time carried over from your contract, that will not get their shares. It is anyone's guess, but there are a bunch that have been using a lot of sick time as of late. (I know of two 400 guys that are doing precisely this. One lives in ATL. I am glad to see him doing it. One less commuter to worry about )
)Did I miss something, or did some guy up in ANC come up with some scam I haven't thought of?
02-21-2009, 05:48 PM
#5036
Gets Weekends Off
Joined APC: Mar 2008
Position: 737 Capt
Posts: 1,166
Originally Posted by acl65pilot
Well I have seen some of it, and there are upwards of 1000 or so that have the sick time carried over from your contract, that will not get their shares. It is anyone's guess, but there are a bunch that have been using a lot of sick time as of late. (I know of two 400 guys that are doing precisely this. One lives in ATL. I am glad to see him doing it. One less commuter to worry about )
)
02-21-2009, 05:59 PM
#5037
Gets Weekends Off
Joined APC: Mar 2008
Posts: 3,836
Originally Posted by DAL4EVER
The state of the economy is precisely the concern. The fear is that the FNWA guys who meet the requirements to retire will cash out with the pension and the accrued sick leave. That alone is worth hundreds of thousands for some of them. The thinking is that the pilots are fearful that the company may not be able to meet the pension obligations at future date. As a result, is it better to go out now? That's the thinking at least. It is deja vu for DAL mgt., who watched hundreds a month retire prior to the BK.
Dunno if you're talking about the sick time or the pension, but with the pension, they can't just "cash out", as there is no lump sum option for the fNWA DB plan.
There IS a lump sum option for the "excess" plan that supplements the DB plan, which a small number of pilots qualify (for earnings beyond the TERFA limits), BUT, the excess plan is paid out of the general corporate revenue, but is not a part of, and has no effect on, the DB plan itself.
All the fNWA pilots with monies due from the excess plan could take the lump sums tomorrow, and it wouldn't affect the DB fund one bit.
Nu
02-22-2009, 02:24 AM
#5038
Gets Weekends Off
Joined APC: Apr 2007
Position: 73N CA
Posts: 474
Have you written your union REP's today?
02-22-2009, 07:53 AM
#5039
Gets Weekends Off
Joined APC: Apr 2008
Posts: 1,619
Originally Posted by FmrFreightDog
Can you clarify this carrying over of sick time? My understanding (as someone who really didn't pay too much attention because, as a new hire, I really had no sick bank) is that all the sick bank above 300 hours that FNWA, err.... I mean Delta North, pilots had essentially went to subsidize DPMA to some degree. I don't get how any of our guys retained thousands of hours of sick time.
Did I miss something, or did some guy up in ANC come up with some scam I haven't thought of?
Did I miss something, or did some guy up in ANC come up with some scam I haven't thought of?
02-22-2009, 08:42 AM
#5040
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Originally Posted by NuGuy
All the fNWA pilots with monies due from the excess plan could take the lump sums tomorrow, and it wouldn't affect the DB fund one bit.
Nu
Nu
Carl
Thread
Thread Starter
Forum
Replies
Last Post
