NetJets: Potential Age 65 and Company LOM Pla
I'm on Med LOA from NetJets so have read only in the crew room section of the union message board. This won't affect me personally but I was wondering how it's going to work with the NJA Loss of Medical plan if the age 65 bill is passed this summer.
For non-NJA types our LOM pays 60% for 6 months then 60% capped at $5000/month for 30 months for 3 years total. You maintain full benefits for the 3 years. After 3 years you're terminated with severance pay.
For those affected by age 65, I can see a rush to a Non-Pilot Friendly AME. I mean if you're getting canned why not take the 3 year LOM? I'm sure many pilots that old can find stuff that would ground them.
NetJets could try to claim "Force Majure" and not give the 3 years after age 65 but I doubt that would win in arbitration since NJA spent around $500K lobbying for the rule that will apply only to NJA.
Just curious what others think will happen with this. I read the message boards daily (not much else to do!) and haven't seen this question raised.