Originally Posted by
Diver Driver
Because it is calculated from your DOH until the physical buyout date sometime next year. For the 55 folks who are furloughed and eligible, that will equal 4-5 years of service... even if most of it was on furlough. It's a huge win.... and I'm taking it!
My only remaining question deals with sick time and vacation. I just looked myself up and I see about 115hrs sick time and about 110hrs of vacation. I'm pretty sure most of that has accrued while on furlough (but I don't really know), how will that be handled?... It shows I have it, so I guess we'll get paid for it.
I think I am going to take it too. Just got off the phone with HR, they are contacting i think forcasting to find out my pay grade. As most of you too are probably not sure what your pay rate is now. I am not furloughed but only have about 20 under me and have a good job flying with the AF reserve, and can find enough work to not go back, so it seems like win win. I have 2 weeks of vacation and a crap ton of sick time. Vacation is paid out, sick time transferred to cobra but im not sure if you could get paid for it. Looks like with may 07 hire Id get 10 weeks of pay plus 2 weeks of vacation. I tink this is taxed at like 25% though right? I think thats what happened last time i sold my vacation.