No, you still have to apply. HR demands their pound of flesh.

 

Most likely not all are fully qualified and many that I know have multiple CP recs. So, the point is, don't worry about how many recs the CP has.

 

Seems to me the pilots you want to get advice from are the 150 or so that were furloughed for three years and watched their brothers and sisters up their lines to the max so the aag could have three years of record profits.....dude I know thinks they will repeat.....he just got back and figures he will be lucky to avoid the next furlough....

 

I think it was 109 furloughed and the actions of our weak union and those that volunteered for VSA were shameful. But, there were many who did not VSA and there were many that donated to the furloughed pilot fund. So, try not to paint a picture with such a broad brush. Interesting your buddy has the next furlough all figured out after just returning. Must be a real smart guy with ESP!

 

I think he switched from cool-aid to tequila....he diputes 109...

 

Well, I hope your buddy has good tequilq instead of that Jose garbage!

 

This for Mudhen & whoever else is interested:
Using a 2009 seniority list, I marked 126 pilots over 60 as of Oct 15, 2011. Of those 126, only 31 are missing from the Jan 2012 seniority list. So 31 (6%) have retired, or put their papers in to retire, or were asked to retire.

 

I think that you guys are listed as having 1186 pilots active so over 10% of your pilots are over 60....somewhere I read that you have to subtract the annual pension value from the 60+ crowds salary and that will give you the "corrected"hourly rate for them...any guesses as to there corrected hourly rate......

 

Premium - thanks for looking at the numbers but your math is wrong. If 31 guys have retired out of 126 total that have hit age 60 (or 30 years) than the number is about 25%not 6%. That number is much much higher than what I have seen actually happen in ANC. The guys that are leaving must be from SEA, PDX and LAX cuz they sure are not leaving up here!

Klsytakesit -that is an intersting idea. I have never thought of it like that. It seems accurate to me. A 30 year employee, at about $180 an hour with a 1.9% factor (status quo formula) will have a little over 100K in pension a year. So a line Captain over age 60 earning about 180K a year is actually working for about 80K. So that's about $80 to $90 an hour. Interesting way of looking at it..
Another interesting way to think about is that any pilot working past age 60 is leaving pension money behind that he could have brought home to his family. A guy is going to die whenever it is that he is going to die. Lets say that number is 85 years of age. So if I retire at 60, I get (hopefully) 25 years of pension checks. If I retire at 65, I get 20 years of pension checks. 5 years ($500,000) that my family never sees, that goes back into the pension to be spent by some other guy who retires early and lives a longer life.

 

True, but the guy retiring at 65 gets a higher pension because it is adjusted for the fact that you have fewer years to live; there is a late retirement bonus. Right now the age 65 pension is about 145% of what the age 60 pension is.