Thanks dude. and to show how correct you are.....

Please read the attached letter from MEC Secretary/Treasurer, F/O David Sarker, concerning the status of our Merger Fund. It addresses many concerns and answers several commonly asked questions concerning the status and balance of the Fund.

Communiqué: Merger Assessment Fund
By First Officer David Sarker, CMR MEC Secretary‐Treasurer
There has been a lot of discussion, and some rumors, surrounding the Merger Assessment Fund (“the Fund”). This communiqué is to inform the Comair pilots on the state of the Fund and try to answer some frequently asked questions.
First, the Merger Assessment Fund was brought into existence through a resolution passed at the Regular MEC Meeting on April 10, 2008. Although it’s called the “Merger Assessment Fund” per the ALPA Admin Manual Section 45, it is not only used in case of a merger. The resolution states that it “will be used to pay expenses related to the proceedings involving seniority integration incident to a merger or other corporate transaction affecting Comair pilots, or potential seniority integration incident to a potential merger or other corporate transaction affecting Comair pilots.”
As the language indicates, the Fund’s money is there to be used not only for mergers, but any potential seniority integration that would be created by any other corporate transaction. As other wholly owned airlines were slowly being bought and sold and pilot seniorities being integrated (example: Mesaba, Pinnacle, ASA, Colgan and Compass), the MEC came to the conclusion that the Fund continues to be necessary, maybe now more than ever before. With that in mind, at the Special MEC Meeting on July 6, 2010 the motion passed unanimously to keep the Fund in place.
Recently, there have been rumors concerning the Fund’s money and how it was being spent. Here are the facts – since the inception of the Fund almost three years ago, $3,177 has been paid out in expenses, ALL of which was used for attorney fees associated with the Merger Committee’s work. No money was paid out for Flight Pay Loss or any other expenses incurred by any MEC volunteers. The current balance of the Fund is $267,230.
Here are answers to a few frequently asked questions:
Q: Since we didn’t merge with anyone yet, can I get my money back now that I’m leaving Comair?
A: No. Since the money you paid was while you were employed here, the money will remain in the Fund until the Fund is dissolved.
Q: I still owe money from the Assessment. What do I do to be caught up on my payments?
A: Contact David Sarker ([email protected]) to arrange for payments. Being behind on assessments have the same effect as being behind on union dues and can cause a member to be in “bad standing” or be expelled from membership if one remains in bad standing for too long.
Q: What happens when the Fund is dissolved? What if I’m not at Comair at the time?
A: Per Section 45.K(6) of the ALPA Admin Manual, the “distribution will be on a pro‐rata basis to those pilots who contributed to the Fund...”
If you leave Comair prior to the dissolution of the Fund, the money will still come to you if you paid in during the assessment period. Please make sure your contact information is correct and current with ALPA.