Originally Posted by
Lewbronski
Official SWAPA TFP to credit hours conversion:
"
SWA trip-for-pay (TFP) rates converted to hourly pay rates using 1.149:1"
$245.64 TFP/hr (current SWA 12-yr CA rate) * 1.149 = $282.24/hr
Monthly credit hours to credit 1,000 hours per year:
83.33 credit hours * $282.24/hr = $23,519.91
$23,519.91 ÷ $245.64 TFP/hr = 95.75 TFP
No-Sick-Note Credit Hour Threshold at Delta (120 credit hours):
120 no-sick-note credit hours * $282.24/hr = $33,868.80
$33,868.80 ÷ $245.64 TFP/hr = 137.87 TFP
Your example:
125 sick credit hours * $282.24/hr = $35,280.00
$35,280.00 ÷ $245.64 TFP/hr = 143.62 TFP
In order for 125 sick hours at Delta to equal 109 TFP at SWA, a SWA pilot would have to earn $323.67 TFP/hr
125 sick credit hours * $282.24/hr = $35,280.00
$35,280.00 ÷ 323.67 TFP/hr = 109 TFP
I wasn’t looking the value of the sick accrual. I was looking at the accrual rate itself. For a Delta pilot, it’s use it or lose it and the value is only at the longevity step they are at. If they don’t use it all, the value doesn’t matter as it’s wasted when the bank is reset the following year.
For a SWA pilot, the value is based on longevity at the longevity step also. However, we can accrue it if we don’t use it all. So a DL pilot might earn 125 for the year, but I’ve got over 600 in my bank to use as I see fit for a value of over $140k. I WON’T be retiring with credit left in my sick bank.