I'm not so sure about that. If I pull 10 hours out of my bank as a $150/hr FO, I received $1,500.00 for those 10 hours. If I now repay those hours as a $225/hr Captain, I am foregoing $2,250.00 of current pay to make the deposit, which, it would seem, results in a net loss of $750 in the overall scheme of things.

Conversely, if I pulled out 10 hours out as a $225/hr Captain, I would have an extra $2250.00 of pay. If I were...say...displaced and put it back in as a $150/hr FO, I would only forego $1500 of earnings to replenish that which originally gave me $2,250.

You are correct...but ultimately the math takes a back seat to personal benefit. So I'm at -30 right now. Yes, I will now have to repay it at a "higher" rate, but taking the hours out when I did proved mighty useful at the time (I bought a bunch of vacation days, and I used them to great personal advantage). It was what I needed at the time and I would do it again in a heartbeat. The fact that some get all wrapped around the numerical calculations is beside the point. The fact is that some of us go negative, and others stay positive for long stretches of time. Use the bank to your personally-defined good use and forget the rest.

All good points. Also, it's not always a straight 1:1 when you keep in mind that up to 5 hours can be used to reach the GS trigger, so sometimes 5 hours of bank time can actually yield 10 hours of pay if that's what got you to the trigger.

Personally anytime I'm over 80 credit (nearly impossible to do in a CQ or VAC month without killing yourself) I shove every minute I can into the bank. The QOL flexibility is nice to have, and as someone else pointed out, it's a lot easier to get time out of the bank than to put it in.

Don't worry, I can guarantee that, when you retire, your bank balance will be zero before you get your last check!:)

Denny

Yes, it's like a bank loan. Some people don't like them and pay cash, other get a regular loan and pay it off over time, and some go to the payday lenders and are happy, apparently, to pay 21%.. :)

Need a refresher, does the new pay day begin with block-in at 0230?

01:31.



filler

Why did you leave the -ER for the 330 then?

It was not about pay.

Wanna good documentary to watch on netflix?

The Last Man on the Moon