Retro Check-“Aiming for March 20th”

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03-22-2023, 07:36 AM

#231

tennisguru

Roll’n Thunder

Joined APC: Oct 2009

Position: Pilot

Posts: 3,559

Quote:

Originally Posted by Giordano Bruno

I am hearing from a 4th floor source that the payout won't go out until next week.

Considering that some people's banks show deposits 2 days early, that is not surprising because those people would be seeing Friday deposits pending already. I never really understood why the company specifically wanted to pay out on a week between pay periods. They pay out profit sharing on the 14th even if it hits a regular pay day, so it's not like it's some huge technological challenge. It makes most financial sense for them to pay out at the last day possible just to make more interest on the money.

03-22-2023, 07:53 AM

#232

Carbon

Line Holder

Joined APC: Dec 2022

Posts: 85

Quote:

Originally Posted by Bo Darville

Anyone want to recommend a vehicle for short term savings (<12mos)? Taking my time finding just the right lightly used Miata. Been seeing CD rates around +/-4% as well as decent high yield savings rates. Any other recommendations or specific recommendations?

-Bo

Vanguard money market funds.

VUSXX 7-day yield 4.59 compound 4.69
Expense ratio 0.09%.

Also, VMFXX or VMRXX. About the same.

03-22-2023, 08:03 AM

#233

Hotel Kilo

Gets Weekends Off

Joined APC: Jan 2023

Posts: 1,233

Quote:

Originally Posted by Tropical

The actual deadline is 3/31.

Where did you read that???

Everything I have from DALPA says payments to be made the week of the 20th.

03-22-2023, 08:06 AM

#234

CX500T

Gets Weekends Off

Joined APC: Nov 2017

Position: NYC 7ERA

Posts: 1,967

The TA/PWA and LOAs attached. You know that thing that people screamed about needing 45-180 days to read, but didnt.

03-22-2023, 08:07 AM

#235

BigHitterLlama

Gets Weekends Off

Joined APC: Aug 2015

Posts: 555

Quote:

Originally Posted by Hotel Kilo

Where did you read that???

Everything I have from DALPA says payments to be made the week of the 20th.

The one time payment MOU/LOA at the end of the new pwa. However company volunteered that it would be paid the week of the 20th in the flight ops weekly update on March 8th.

03-22-2023, 08:08 AM

#236

igotgummed

Gets Weekends Off

Joined APC: Jan 2020

Posts: 379

Quote:

Originally Posted by CX500T

The TA/PWA and LOAs attached. You know that thing that people screamed about needing 45-180 days to read, but didnt.

right? Between this, and guys on fb having no idea what IVDs are, does anyone actually read anything??

03-22-2023, 08:11 AM

#237

CX500T

Gets Weekends Off

Joined APC: Nov 2017

Position: NYC 7ERA

Posts: 1,967

Quote:

Originally Posted by igotgummed

right? Between this, and guys on fb having no idea what IVDs are, does anyone actually read anything??

But we are the ignorant "new hires"

03-22-2023, 08:30 AM

#238

TNDeltaFlyboy

Gets Weekends Off

Joined APC: May 2015

Position: everywhere but nowhere

Posts: 417

Quote:

Originally Posted by CX500T

But we are the ignorant "new hires"

yeah, it's amazing how many know nothing of IVDs. Makes you wonder about the rest of the contract...

03-22-2023, 09:05 AM

#239

Tropical

Banned

Joined APC: Dec 2021

Posts: 598

Quote:

Originally Posted by Hotel Kilo

Where did you read that???

Everything I have from DALPA says payments to be made the week of the 20th.

Open mouth, insert foot.

Maybe instead of being a keyboard warrior all the time, you should read the PWA and the LOAs. Therin it is stated that the company will make the one time payment "within 30 days of DOS". DOS was 3/1.