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Old 09-30-2025 | 06:24 AM
  #9861  
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Originally Posted by igotgummed
Last leg reroute has the potential to pay bigly.
Yes, yes it does.

I ended up with 31 hours pay on a 1 day GS.
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Old 09-30-2025 | 06:59 AM
  #9862  
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Originally Posted by Verdell
Without knowledge of the actual history of the bank, I would guess that the current setup was a tit for tat with the company. The company would love it for pilots to be able to hoor themselves out, union said no (thank goodness for that.) Yet, the union wanted a bank. A compromise was reached, and both the company and the union wanted to put guardrails on its functionality. Union side is to limit withdrawals. Company side is to limit contributions. And the bank was born.
I'll just make stuff up. The bank was for when Green slips were paid in gold backed cash notes and we needed a way to store them until we could hire security to retrieve the gold because paper green slips were seen as inflationary and had no value long term. The gold guy was the signatory on the side letter and the bank was actually a physical vault at each pilot base. Hence the exorbitant expense and refusal to open additional pilot bases.




/sarc/ ...in case this wasn't obvious
Sh!tposting is my new favorite sport!
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Old 09-30-2025 | 08:17 AM
  #9863  
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Originally Posted by hockeypilot44
The bank is a good tool, but I find myself going negative bank on 130 plus hour months due to green slip trigger. This is when I should be filling up bank. 80 hours is tough. I’m well over this month but 10 hour is CQ so I still can’t repay my negative bank.
I wish we could pay the bank back one hour at a time and without needing to go over 80. It’s insanely hard to break 80. It’s been a terrible investment tbh. I’m paying back negative hrs at almost double I pulled out bc of how hard it is to break 80(when I borrowed I was unaware of the payback restrictions).
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Old 09-30-2025 | 08:19 AM
  #9864  
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Originally Posted by marcal
I wish we could pay the bank back one hour at a time and without needing to go over 80. It’s insanely hard to break 80. It’s been a terrible investment tbh. I’m paying back negative hrs at almost double I pulled out bc of how hard it is to break 80(when I borrowed I was unaware of the payback restrictions).
The reason it's so hard is because it has to be credit hours and there is a lot of non-credit time on people's schedules and in their pay. RES never builds enough credit for paying the bank back but can get paid well over 80.
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Old 09-30-2025 | 11:52 AM
  #9865  
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Originally Posted by notEnuf
The reason it's so hard is because it has to be credit hours and there is a lot of non-credit time on people's schedules and in their pay. RES never builds enough credit for paying the bank back but can get paid well over 80.
Correct, It is very difficult to credit over 80. I don’t see what difference it makes if I pay back credit or not. It’s money I received, and it shouldn’t be this hard to pay them money back no matter if it is credit or not.
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Old 09-30-2025 | 11:57 AM
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Originally Posted by marcal
Correct, It is very difficult to credit over 80. I don’t see what difference it makes if I pay back credit or not. It’s money I received, and it shouldn’t be this hard to pay them money back no matter if it is credit or not.
This! 100 percent!
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Old 09-30-2025 | 12:27 PM
  #9867  
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What happens if you retire with a negative bank balance?
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Old 09-30-2025 | 12:36 PM
  #9868  
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Originally Posted by marcal
Correct, It is very difficult to credit over 80. I don’t see what difference it makes if I pay back credit or not. It’s money I received, and it shouldn’t be this hard to pay them money back no matter if it is credit or not.

This! Been stuck with a neagtive 2 hour balance for years. Plenty of months payed in the mid 100s and still can't pay it back.


Originally Posted by Khantahr
What happens if you retire with a negative bank balance?
I think it's just taken out if your last check.
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Old 09-30-2025 | 01:15 PM
  #9869  
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Get rid of the bank (pay everyone that has + balance their money), lower GS trigger to like 50-60hrs or low side of the PBS Award. If you fly the min schedule and you pick a GS, then you get 200%.
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Old 09-30-2025 | 01:18 PM
  #9870  
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Originally Posted by PilotJ3
Get rid of the bank (pay everyone that has + balance their money), lower GS trigger to like 50-60hrs or low side of the PBS Award. If you fly the min schedule and you pick a GS, then you get 200%.
Getting rid of the bank eliminates the option to buy extra vacation days each year. That can be a very powerful tool to get key days off around holidays or get an extra big chunk of days off.
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