To every 121 pilot- read the MOU (memorandum of understanding) or you companies equivalent. This is the legal document that joins the company labor group and the FAA in the ASAP program. There is an advisory circular as well.

If you know and understand what your specific companies MOU, you can protect yourself.

ASAP is NOT a get out of jail free card. It is an insurance policy that covers your certificate if you make an honest oops. Like any insurance policy, you may need to do penance (retraining, counseling, whatever). Usually though it won’t be an issue.

Know your mou, know how the program works. I’m not aware of any ASAP program that protects your job.

Lastly, at least where I work, retraining that is the result of the ASAP program is Non-Pria. Not sure about other companies.