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Old 04-25-2014 | 05:25 AM
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Alan Shore
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Originally Posted by flyallnite
I understand the contract 'costs' the company more- that cost debatable depending on how you value it, (including 401k, medical plan valuation, higher sick pay *if you can use it, etc.
My understanding is that the valuation includes all changes to the PWA, which means it does NOT include items such as decreases to the value of our 401(k) when the market tanks, increases to the non-contractual medical plans should we choose to use them, etc. FWIW, I've used over half my sick leave, voluntarily verified those instances in which I used medical care (much to the chagrin of my CPO, I might add), and have NEVER felt compelled to fly while I was sick.

Originally Posted by flyallnite
...my personal situation is such that working the same hours, no overtime (GS) during those years, on the same jet, no longevity raises, my W2 is still less than it was in 2011.
Forgive me, but how is that possible if the pay rate on that jet has increased by some amount?