FYI from today's MEC Update

Treasurer's Report - Captain Rick Cameron

Treasurer Captain Rick Cameron reviewed the current financial status of the various MEC accounts under his responsibility and the proposed 2021 budget.

Now that all announced pilot furloughs are canceled, Capt. Cameron is recommending suspension of the Furlough Fund assessment. The earliest this can take effect will be the November 1 pay check. There will be a further review next spring to determine the likelihood of furloughs. If furloughs are unlikely, the fund would be terminated at that time with refunds to all pilots who contributed.