Not sure where your info is coming from, but we do not have our sick leave like it was before, some (maybe 30 or so) in ANC will be above the TEFRA limit, but certainly not hundreds of thousand of dollars...again...don't think its going to happen.
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 )
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 )
Interesting. Could you imagine the scope relief management would beg for if hundreds retired between now & 2011? It would be unreal.
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
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 )
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?
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 )
We are on the same sick as you...... 240 hours annually is what guys have to spend.
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.
Heyas D4E,
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.
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?
I think that if a Delta North pilot was on sick leave at DCC, then they retained their old sick leave balance. If they come back to fly after DCC, then it is converted to DPMA benefits like the active pilots. If they stay on sick then they can burn through their sick leave balance until they go on disability. I am not sure if this is totally correct, maybe someone else knows the real answer.
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