Originally Posted by
Grumpyaviator
If you get hired at UAL with less than ten years remaining before mandatory retirement, do you still get retiree travel, medical, etc? If so, what are the requirements? Thanks
For Travel, it looks like you are eligible for retiree travel benefits at age 65 with a minimum of 5 years of service. (You would have to make it to age 65.)
Medical is harder for me to wrap my arms around.
Pre-Medicare, you would pay 80% of the total cost of coverage because your longevity would be less than 20 years on property. (I don’t have a guess on that number.) Right now with PPO, as an active employee, we pay 20% of the plan cost. So, four times that amount Pre-Medicare, in your situation.
Eligibility for After-Medicare.
When you are eligible, you would pay a monthly contribution for the cost of After-Medicare coverage. The monthly contribution is equal to the total projected cost of such After-Medicare coverage for the calendar year, per person, minus a company contribution equal to $XX per month per person covered. Right now that would be around $300 per person per month.
I’m not seeing any work longevity number that triggers eligibility for UAL Medical Retirement (After-Medicare) benefits. (5 years on the property; 10 years? I’m not seeing it defined.)
Hog