Originally Posted by
UALinIAH
Exactly how would the DAL model be bad for SL hoarders? They can’t sell it back. If they blow one ACL or shoulder it’s gone and paid the same as someone who has their 240 hrs. And you both start up next yr with 240.
We need a better LTD plan other than hoarding SL that you give back for free when you retire.
Yes, we need a better LTD! Better LTD will come with higher premiums. The reason DAL model would be worse for healthy (low use of sick leave) is now I would have to pay for something that I earn though my health. And in its present form a large percent of pilots out on LTD at UAL and DAL will be out longer than 3 months. Therefore, they will only receive 60% of their pay for 8 months as opposed to a person that has accumulated 1200+ of sick leave being paid 100% of monthly pay. Yes, its bad to have a balance when you retire and I would be in full agreement to put a value on it for a pilot when they retire. I guess the best way to look at it, is its like an insurance policy much like a term policy. Unfortunately, I pay for a term policy for 20 yrs and if I don't die, it ends up being a waste of money. But, it sure beats the alternative!!
