Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Apr 2009
Posts: 710
I've heard changes are coming to the reserve system in the not so distant future once the IT improvements arrive.
TOGA, whats the LK for in your name?
It's not a black & white requirement of USERRA. I'm sure it's at least partially a patriotism/good will toward the military issue. Legally, I think the biggest reason they will continue to do it is that they have established it as a past practice over many years, and to change the policy would invite lawsuits. I wouldn't disagree if they withheld the payments until the individuals return from leave. No sense giving someone a check that doesn't intend to return.
I really don't understand why Long-term sick is (or has been) treated differently.
I really don't understand why Long-term sick is (or has been) treated differently.
Gets Weekends Off
Joined APC: Apr 2009
Posts: 710
It's abbreviation for TOGA LK (lock), it's an FMA annunciation on Airbus equipment that the thrust management system has applied TOGA in response to alpha floor protection. I picked it bc it is analogous to the industry being at (hopefully) the lowest level and guys (employees and management) working at their best to restore the profession and the industry.
Gets Weekends Off
Joined APC: Apr 2009
Posts: 710
It's not a black & white requirement of USERRA. I'm sure it's at least partially a patriotism/good will toward the military issue. Legally, I think the biggest reason they will continue to do it is that they have established it as a past practice over many years, and to change the policy would invite lawsuits. I wouldn't disagree if they withheld the payments until the individuals return from leave. No sense giving someone a check that doesn't intend to return.
I really don't understand why Long-term sick is (or has been) treated differently.
I really don't understand why Long-term sick is (or has been) treated differently.
So if you are on Mil Leave you get profit sharing based on "deemed" income for the year, would that be at the rate you were at prior to departing and min guarentee. If on sick leave you would get profit sharing based on 240hrs a year which is you max allowable sick leave in a year?
I don't think "Deemed" is the correct term. Like someone else said it's based on what is on your W-2 for 2010.
It's not like the 401K which is based off the pay rate for the person above and below you in a military leave situation or the DC plan that uses the average of the pilots' active pay in the 12 months immediately preceding the military leave multiplied by the individual's applicable defined contribution percentage.
Last edited by LOBO; 11-21-2010 at 06:58 PM.
It's abbreviation for TOGA LK (lock), it's an FMA annunciation on Airbus equipment that the thrust management system has applied TOGA in response to alpha floor protection. I picked it bc it is analogous to the industry being at (hopefully) the lowest level and guys (employees and management) working at their best to restore the profession and the industry.
Gets Weekends Off
Joined APC: Apr 2009
Posts: 710
Gets Weekends Off
Joined APC: Feb 2009
Position: 320B
Posts: 781
This is straight from the PWA:
“Annual compensation” for purposes of the profit sharing plan, means an employee’s gross earnings during the profit sharing plan year, including any sick and vacation pay (whether paid by the Company or from a disability and survivor trust), but excluding: a) expense reimbursements, b) expense allowances, c) income required to be imputed to the
employee for any reason pursuant to federal, state or local law, d) profit sharing awards, e) earnings from any other incentive compensation program, f) Company contributions to a retirement plan, g) disability payments, h) income from the grant, vesting, exercise or sale of Delta stock or Delta stock options, i) income relating to, or resulting from,
bankruptcy claims, notes, or other securities, j) medical plan payments and k) severance payments. In addition, annual compensation for the purposes of the profit sharing plan includes pilot furlough pay.
How much did we pay to have this in our contract?
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