Im pretty sure it’s spelled out for you in the NC Brief. Reading is fundamental.

Letter of Agreement 20-03 Pilot Voluntary Separation Leave (P-VSL), ratified unanimously by the MEC today, contains provisions for pilots 62 and older to separate early from United Airlines while retaining benefits and a large portion of average line pay.



See below for a summary of the provisions governed by the final LOA language found here. If you have any questions, please send a PDR using the drop-down for Retirement & Insurance.



Overview

• Pay = 50 hours per month plus 16% B/C Plan contributions
  • Leave and pay starts with Sept 2020 bid period
    • Can only be delayed up to 3 bid periods (by Category)
  • Hourly rate used is the pilot’s rate of pay in effect when bidding opens