Currency vs bailing now.
10-07-2012, 05:12 PM
#51
Gets Weekends Off
Joined APC: Dec 2007
Posts: 829
Originally Posted by Flyinhigh
Do you actually believe that the USAF puts "real" money into a retirement fund for you while you are on active duty? They are not a private company, they are not subject to any retirement funding laws and they, along with all of the other services, are a part of the great unfunded pension liability held by the U.S. Government. Even if they did put "real" money into a fund, it would be raided and filled with bonds.
I don't think it will ever happen, but your military pension could be altered with the stroke of a pen. Think "means test" for a partial reduction of your pension amount or some other alteration such as a delay to age 50 or 55 to start collecting a military pension.
I don't think it will ever happen, but your military pension could be altered with the stroke of a pen. Think "means test" for a partial reduction of your pension amount or some other alteration such as a delay to age 50 or 55 to start collecting a military pension.
You've mixed about 3 concepts there; funding, personal accounts, and the reliability of retirement availability. Just because the dollars get funded doesn't mean your name is attached to them, it's not your account. Regardless, politics is politics and anything here today can be gone tomorrow based on where the votes are.
Your point had nothing to do with the topic being discussed which was the supposition that some believe TRs are discouraged from getting to 20 years AD points. They are not, though there is written guidance preventing doing days after about 16.5 years service without a signed sanctuary waiver letter for the manning considerations mentioned.
10-07-2012, 05:17 PM
#52
Gets Weekends Off
Joined APC: Jul 2011
Position: Pressing On
Posts: 524
Originally Posted by Flight2012
I hear there is a demand for emergency/medical services helo pilots but that doesn't get me any closer to what I want to do in the long term..... fly for Delta, United, US Airways, Fed Ex, etc. I went to a job fair and had a couple of recruiters tell me " get 250 more hours of fixed-wing time and we can talk". C-172 time will meet the requirement; unfortunately helo time won't.
D7
10-08-2012, 07:20 AM
#53
Gets Weekends Off
Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,074
Dragon,
What happens if you have one of these jobs and you get called for an interview? What happens if you get hired by someone else while you're working ISR--don't you sign some sort of one year contract?
What happens if you have one of these jobs and you get called for an interview? What happens if you get hired by someone else while you're working ISR--don't you sign some sort of one year contract?
10-08-2012, 07:53 AM
#54
Gets Weekends Off
Joined APC: Jul 2011
Position: Pressing On
Posts: 524
Originally Posted by Sputnik
Dragon,
What happens if you have one of these jobs and you get called for an interview? What happens if you get hired by someone else while you're working ISR--don't you sign some sort of one year contract?
What happens if you have one of these jobs and you get called for an interview? What happens if you get hired by someone else while you're working ISR--don't you sign some sort of one year contract?
Ahhhhh...the conundrum of sit and wait vs stay current. My opinion, based on personal experience, is you are way more competitive if you are current. Also, based on personal experience, you can work out interview dates, and if you get a better job, you give notice and if they want to bill you for pro-rated training costs from a "training contract", ask them to send you the bill and a reference of what they charged others who left based on their time with the company. Most folks end up doing a year with the companys if they are not fired, and the current hiring wave is not big enough yet to change that timing. Most folks do just fine, but some don't make it.
If you think you are going to get an impending call then sit and wait may be better. If you are contemplating the Regionals, the ISR route is a better choice in every way.
This ain't beanbag...
10-08-2012, 04:09 PM
#55
Gets Weekends Off
Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,074
Dragon,
In the currency vs getting paid debate I'm a huge fan of getting paid. Just trying to ID the unintended consequences. Can you give more details on the training contracts?
I had to google the beanbag line.
In the currency vs getting paid debate I'm a huge fan of getting paid. Just trying to ID the unintended consequences. Can you give more details on the training contracts?
I had to google the beanbag line.
10-08-2012, 05:00 PM
#56
Gets Weekends Off
Joined APC: Jul 2011
Position: Pressing On
Posts: 524
Originally Posted by Sputnik
Dragon,
In the currency vs getting paid debate I'm a huge fan of getting paid. Just trying to ID the unintended consequences. Can you give more details on the training contracts?
I had to google the beanbag line.
In the currency vs getting paid debate I'm a huge fan of getting paid. Just trying to ID the unintended consequences. Can you give more details on the training contracts?
I had to google the beanbag line.
At xxx’s discretion, if you are terminated or voluntarily resign before completing one year service from the completion date of training, you will be required to reimburse xxx a pro-rated share of costs expended for training and associated travel expenses on your behalf. This reimbursement provision shall be effective for twelve months from completion of formal training. By signing this agreement, the employee grants xxx permission to deduct those reimbursement monies due at the time of your resignation from any wages yet unpaid.
We will also be really, really ****ed. Especially if you have no wages due at the time of your resignation. And while we maintain our stance on being really, really ****ed, we often do not follow through on this provision. Not because we are not ****ed, oh no girlfriend don't go there, it is because we get distracted. Which has the same root as discretion, which comes from the latin word dis, which means if you don't dis us we may be more distracted than not.
Distracted, but still ****ed.
Word.
We will also be really, really ****ed. Especially if you have no wages due at the time of your resignation. And while we maintain our stance on being really, really ****ed, we often do not follow through on this provision. Not because we are not ****ed, oh no girlfriend don't go there, it is because we get distracted. Which has the same root as discretion, which comes from the latin word dis, which means if you don't dis us we may be more distracted than not.
Distracted, but still ****ed.
Word.
10-20-2012, 06:30 AM
#58
On Reserve
Joined APC: Oct 2012
Posts: 12
Staying current is key! I was furloughed twice from L-UAL and presently looking at retirement from the military. Concur with building a good financial plan as a backup. Obtaining skills in another area is also something you should consider. After 911, it was very difficult to find work inside and outside of aviation when the whole industry nearly collapsed. Civilian employers thought I only knew how to fly. At that point, I had eight years as an officer in the military and had obtained other leadership skills, but it was a tough sell with so many out of work. One employer told me I was overqualified and knew I would head back to the cockpit once the call came. Pursue an advanced degree just in case your passion falls through due to a medical issue or something beyond your control.
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