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-   -   Early Retirement (https://www.airlinepilotforums.com/jetblue/114909-early-retirement.html)

PasserOGas 07-08-2018 04:27 PM

Early Retirement
 
Literally every other airline in our peer set including Hawaiian and Alaska get access to the company's medical insurance when you retire before 65.

What does our sub standard TA have? Nada. Nothing. Zip.

At Jetblue you will work to 65 or Long term disability unless your spouse works else you risk health care will eating up all your savings.

For the junior guys, this means much slower movement as everyone hangs on to the end. Huge huge problem.

Yet another far, far below market rate section of this terrible TA.

seekingblue 07-08-2018 05:28 PM

It's not a terrible TA. It's a market rate TA. Yes, I wish some pieces were improved, but the TA is very middle of the road with our peerset.

1) scheduling section is industry leading.

2) implementation LOA blows.

3) insurance is codified where it is.

Let's not use hyperbole. This is a decent TA that gets us huge wins in some areas and other areas are codified with what we have now. If you want to vote no, then vote no. But don't call it terrible. Lots of improvement over what we have now. Especially the scheduling section.

Tom a Hawk 07-08-2018 06:29 PM


Originally Posted by seekingblue (Post 2630574)
It's not a terrible TA. It's a market rate TA. Yes, I wish some pieces were improved, but the TA is very middle of the road with our peerset.

1) scheduling section is industry leading.

2) implementation LOA blows.

3) insurance is codified where it is.

Let's not use hyperbole. This is a decent TA that gets us huge wins in some areas and other areas are codified with what we have now. If you want to vote no, then vote no. But don't call it terrible. Lots of improvement over what we have now. Especially the scheduling section.

And some other areas are decreases from what we have now. PTO system is worth less and less flexible. Forced vacation. Loss of UTS. Loss of 75% of OE trips.

Yes there are some great things in it. But please don’t pretend this TA is what we have now and better.

PasserOGas 07-08-2018 07:18 PM


Originally Posted by seekingblue (Post 2630574)
It's not a terrible TA. It's a market rate TA. Yes, I wish some pieces were improved, but the TA is very middle of the road with our peerset.

1) scheduling section is industry leading.

2) implementation LOA blows.

3) insurance is codified where it is.

Let's not use hyperbole. This is a decent TA that gets us huge wins in some areas and other areas are codified with what we have now. If you want to vote no, then vote no. But don't call it terrible. Lots of improvement over what we have now. Especially the scheduling section.

It is not hyperbole. It is behind our peers in almost every section, and very, very far behind in some such as this one.

1 Scheduling and scope are more or less market rate.

2. Everything else isn't.

3. Insurance is codefied where it is. Well below market rate. Again. Like most of the TA.

jtrain609 07-08-2018 08:41 PM

This is what VEBA is for. You'd know that if you had done a minimal amount of research.

Softpayman 07-09-2018 02:04 AM


Originally Posted by Tom a Hawk (Post 2630616)
And some other areas are decreases from what we have now. PTO system is worth less and less flexible. Forced vacation. Loss of UTS. Loss of 75% of OE trips.

Yes there are some great things in it. But please don’t pretend this TA is what we have now and better.

Forced vacation which you can work over. And let’s not forget why it is that way. They’re alloting a massive amount of new vacation weeks that the vast majority of us never had available To us.

The current vacation system benefitted a minority. That’s not how vacation is supposed to work!

PasserOGas 07-09-2018 04:41 AM


Originally Posted by jtrain609 (Post 2630680)
This is what VEBA is for. You'd know that if you had done a minimal amount of research.

VEBA? You mean the trust worth anywhere from $20-$40k at retirement? The same VEBA that UAL has ON TOP of access to the company medical if retiring early?

How long will that, (being generous) $40k last paying for Obamacare (if it still exists), or private insurance? A year? Two? I hope you or your wife don't have preexisting conditions at age 60. :eek:

The VEBA trust is designed with Medicare in mind. It isn't a replacement for the company plan. That is why our peers with VEBA trusts ALSO get access to the company plan before Medicare kicks in.

You should do your homework. This TA is abysmal.

Bluedriver 07-09-2018 04:57 AM


Originally Posted by PasserOGas (Post 2630768)
VEBA? You mean the trust worth anywhere from $20-$40k at retirement? The same VEBA that UAL has ON TOP of access to the company medical if retiring early?

How long will that, (being generous) $40k last paying for Obamacare (if it still exists), or private insurance? A year? Two? I hope you or your wife don't have preexisting conditions at age 60. :eek:

The VEBA trust is designed with Medicare in mind. It isn't a replacement for the company plan. That is why our peers with VEBA trusts ALSO get access to the company plan before Medicare kicks in.

You should do your homework. This TA is abysmal.

All true regarding healthcare.

jtrain609 07-09-2018 05:23 AM


Originally Posted by PasserOGas (Post 2630768)
VEBA? You mean the trust worth anywhere from $20-$40k at retirement? The same VEBA that UAL has ON TOP of access to the company medical if retiring early?

How long will that, (being generous) $40k last paying for Obamacare (if it still exists), or private insurance? A year? Two? I hope you or your wife don't have preexisting conditions at age 60. :eek:

The VEBA trust is designed with Medicare in mind. It isn't a replacement for the company plan. That is why our peers with VEBA trusts ALSO get access to the company plan before Medicare kicks in.

You should do your homework. This TA is abysmal.

Yes, that's the number of dollars contributed, but it's an investment account. If it doesn't grow it means you've got it tied up in a money market account.

And yes, the purpose is to bridge the gap in to medicare.

Tom a Hawk 07-09-2018 05:57 AM


Originally Posted by Softpayman (Post 2630736)
Forced vacation which you can work over. And let’s not forget why it is that way. They’re alloting a massive amount of new vacation weeks that the vast majority of us never had available To us.

The current vacation system benefitted a minority. That’s not how vacation is supposed to work!

And it still will benefit the minority. You’re not getting a summer vacation if you’re below 30%. So a few more pilots who are senior enough to bid off what they need each month will now also get summer vacation and everybody else gets a system that does less for them than before. Great.


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