Industry Leading without Profit Sharing??
10-01-2014, 08:27 PM
#101
Are we there yet??!!
Joined APC: Apr 2006
Posts: 2,010
Originally Posted by algflyr
The APA does offer supplemental plan that pays on top of the company plan.
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Anybody know what LTD was before the BK contract?
10-02-2014, 03:26 AM
#102
Looking for a laugh
Joined APC: Feb 2008
Posts: 4,099
Originally Posted by Thedude
It is my understanding that DL does not reduces the company provided LTD payout like this
10-02-2014, 04:17 AM
#103
Gets Weekends Off
Joined APC: Nov 2006
Posts: 375
Originally Posted by Thedude
The way I read it, even though you get the buy up plan through APA, your company benefits will be reduced by the amount of the buy up plan. Equaling the same net amount before the buy up.
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Anybody know what LTD was before the BK contract?
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Anybody know what LTD was before the BK contract?
10-02-2014, 04:52 AM
#104
Gets Weekends Off
Joined APC: Jan 2013
Posts: 203
Originally Posted by Thedude
The way I read it, even though you get the buy up plan through APA, your company benefits will be reduced by the amount of the buy up plan. Equaling the same net amount before the buy up.
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Or, buying up is a waste of money because you gain nothing.
It is my understanding that DL does not reduces the company provided LTD payout like this.
Well the plans description on the APA website says:
"This Plan provides a monthly disability benefit for each participating APA member, in addition to your Company disability benefits."
So I read it as it will not reduce the company benefits. But if it does, I agree, it seems it would be a waste of money.
10-02-2014, 09:13 AM
#105
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by algflyr
Well the plans description on the APA website says:
"This Plan provides a monthly disability benefit for each participating APA member, in addition to your Company disability benefits."
So I read it as it will not reduce the company benefits. But if it does, I agree, it seems it would be a waste of money.
"This Plan provides a monthly disability benefit for each participating APA member, in addition to your Company disability benefits."
So I read it as it will not reduce the company benefits. But if it does, I agree, it seems it would be a waste of money.
The entire LTD benefit at AA for pilots is a winding snake and after 4 years, the snake has many avenues to shed most of its skin, if not slither away completely. Plan accordingly.
10-02-2014, 01:57 PM
#107
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by jwes
I would love to know the real answer ... I'll need to talk with APA after Trainning but fear they may not be able to even explain the pitfalls
I think collectively, we'll get nothing and like it.
10-02-2014, 02:18 PM
#108
Gets Weekends Off
Joined APC: Nov 2006
Posts: 375
Originally Posted by eaglefly
Good luck. Those who've forged forward before you and tried to get specifics got little. Those who have communicated to the leadership how important an improved LTD benefit is, have been met with silence. LTD improvements are noticeably absent from APA's initial JCBA proposal to management and it seems to be an issue that's "confidential, on the Q.T. and very,........hush, hush".
I think collectively, we'll get nothing and like it.
I think collectively, we'll get nothing and like it.
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