Originally Posted by
Mtnbikemike
This is why I was saying that the union should have been addressing this stuff. Not every airline pilot is a financial wizard or stayed at a Holiday Inn Express last night. Some of this information is elementary, but some of it would be really good for our group to know what avenues they have if needed. Especially after yesterday when Ted said that some would not be eligible for unemployment depending on their state and not being employed a year here.
Spirit ALPA and ALPA National have sent communication about 401k loan and early withdrawal rules as early as April. If folks choose not to read it that’s one thing but it’s not for lack of communication. Also, yes it would be elementary that you cannot be loaned or withdraw money that is not vested. Our vesting schedule is easily found in the contract. Again reading. I don’t think anyone is expected to be a financial wizard, but I don’t think anyone comes to work for the fun of it. We come to be compensated. How we are compensated I would think would be the first stop someone would make when educating themselves.
I’m sorry I know everyone is dealing with a lot but it just amazes me how many pilots I run into that don’t know how we get paid, how our health insurance works, what our vesting schedule is, how vacation work, sick accrual, etc etc etc. It’s like what do you come to work for? The pure joy of flying an airplane in cruise for hours. YGTFKM.