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Old 09-25-2014 | 05:30 PM
  #2372  
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RetiredFTS
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Joined: Apr 2012
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From: 7ER Costar
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Originally Posted by orvil
My question for you is how long did it take you to build such robust bank (2,200 hours)? If we started this right now, are they going to place a lump sum in an account for the over 50 age group pilots? Or, are we starting with 60 hours?

Second point, if we go into bankruptcy again, is there anything to stop the Company from cancelling your 2,200 hour bank? My guess is the judge will sign that little account away in a heartbeat.

Because of this, I think that you are wrong about using your sick leave as short term or long term disability plan. DALPA spent a considerable amount of negotiating capital in the bankruptcy process to protect and secure the D&S plan from corporate raiding.

I just don't think sick leave banks are protected in bankruptcy. Now someone reading this might say, we won't go into bankruptcy, we're making record profits. Where have I heard that one before?

I think the current system is not perfect but it's a lot better than it was previously. I learned something from this discussion. I won't voluntarily bid reserve in April and May. Everyone seems to be calling in sick to use up their 100 hours.
April and May are the months most of my yard is in bloom and my allergies get worse every year. My usage those months will be up.
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