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-   -   To VSP or not to VSP? (https://www.airlinepilotforums.com/military/79486-vsp-not-vsp.html)

FLY6584 02-04-2014 10:09 PM


Originally Posted by T6 Pilot (Post 1574350)
FLY -- I notice you didn't mention applying at any of the Majors? Do that as well….

Absolutely. I will definitely be doing that as well. I have a good friend at Delta who seems to think he can get me hired this fall with 2000 Total Time and 1500 TPIC. It may be a long shot, but I will be using my CFI to get every last bit of hours on the side that I can get as I head out the door.

Rusty17 02-05-2014 08:48 PM

Looks like VSP is essentially not an option for pilots anymore. Nice 11th hour change after getting everyone to show their cards. Anyone surprised?

tunes 02-05-2014 10:45 PM

I'm still holding out on the hope that that is only for the LADSC waiver program.......

FLY6584 02-06-2014 06:30 AM


Originally Posted by Rusty17 (Post 1575316)
Looks like VSP is essentially not an option for pilots anymore. Nice 11th hour change after getting everyone to show their cards. Anyone surprised?

Definitely not surprised either, but I had a full bird Col look me in the eye and tell me that he was present at a force shaping meeting with Gen Welsh and one of the first things Welsh said was that we cannot have a repeat of 2011. If we are going to RIF guys we have to give them the option to VSP first. If all of the rumors are true and they are not waiving UPT ADSC's I am filing an IG Complaint immediately.


Originally Posted by tunes (Post 1575345)
I'm still holding out on the hope that that is only for the LADSC waiver program.......

I am also hoping for that as well. I submitted my application at 0007 CST and will hope for the best. I am going to be so angry if I went through all of this trouble preparing my family, jerking around Guard/Reserve units, and making it clear to my boss that I want out if I was never even eligible to apply in the first place.

I have no doubt in my mind I don't want to be a part of this organization anymore. The only thing I give a **** about anymore is my flag and the guys I am serving next to.

Rusty17 02-06-2014 07:50 AM

That is exactly what happened to me, Fly. Was told I was eligible for TERA, had my Chief of Personnel call AFPC directly to confirm I was eligible (they said I was), showed my cards to my boss (he was actually supportive), did the initial AFPC online eligibility check/confirmation (they confirmed I was eligible), I officially applied online for retirement per the PDSM instructions... and was told by AFPC that my application was denied BECAUSE I WAS NOT ELIGIBLE FOR TERA!!! I got an assignment back to fly for my last 2 yrs that I worked myself on the same day, so I'll ride it out and get my full retirement and a bunch more hours of IP/PIC time to put on my Apps on Uncle Sugar's dime collecting six figures along the way, but this is no way to run a Rodeo! You can't mess with people's lives like this and then expect them to trust a single word they have to say.

FLY6584 02-06-2014 08:00 AM


Originally Posted by Rusty17 (Post 1575537)
That is exactly what happened to me, Fly. Was told I was eligible for TERA, had my Chief of Personnel call AFPC directly to confirm I was eligible (they said I was), showed my cards to my boss (he was actually supportive), did the initial AFPC online eligibility check/confirmation (they confirmed I was eligible), I officially applied online for retirement per the PDSM instructions... and was told by AFPC that my application was denied BECAUSE I WAS NOT ELIGIBLE FOR TERA!!! I got an assignment back to fly for my last 2 yrs that I worked myself on the same day, so I'll ride it out and get my full retirement and a bunch more hours of IP/PIC time to put on my Apps on Uncle Sugar's dime collecting six figures along the way, but this is no way to run a Rodeo! You can't mess with people's lives like this and then expect them to trust a single word they have to say.

Sorry to hear they jerked you and the other TERA guys around like that, but congrats on securing a 2 year flying assignment to finish your 20! I'm terrified of getting a UAV out of this current assignment and having to finish out my 10 in a trailer while my recency of experience goes to hell.

Elcam 02-07-2014 04:52 PM


Originally Posted by KC10 FATboy (Post 1568571)
Good timing, low hours.

My advice:

Make the jump if your family can survive the pay cut ONLY and ONLY IF you can get a reserve job. The reserve job probably isn't going to afford you a big paycheck with the recent cut backs and the most certain future cut backs. But if you can fly your tail off, you can solve your low flying hours in a year or two.

Momma and the kids are going to hate you if you do the regional only gig and you're gone from home 20-something days a month and barely making enough money to feed and keep the lights on. If you do it, live near your pilot domicile. That way you'll see them more often.

If at all possible, DO NOT spend the VSP money. Bank it. Let it grow. If you stay in the reserves to get a retirement, you'll have to pay it back. But if you invest it and allow it to grow, you will make something off of it. If you plan on using it to survive, you are taking a big chance that in a year from now, you'll be out of money and working for a regional in a much worse financial situation. Also, any number of political and financial issues can cause the pilot hiring to stop temporarily for a year which would be devastating for you stuck at a regional.

Your flying time is low; however, as a FAIP you should have a lot of Instructor time which is a bonus .. UNLESS it is in the T-6 which isn't as desirable. Airlines much prefer multi-engine over single-engine.

Delta doesn't have a PIC requirement. You meet the mins. But I suspect Delta is hiring only those with a lot of experience. You need to find out exactly who is getting hired by who and with what hours. I know friends with double the flying time and experience who have not been called.

Can you get a reserve job at the training command? Continuing to build PIC time / instructor time would be very beneficial.

Stupid question ... what is the timing of the VSP and the potential RIF? Let's assume you stay, how long do you think it would be before you were RIFd? When I went through the VSP fiasco, the VSPers had well up to a year to stay after their VSP award. The RIF never came for my year group. So potentially, you could have a full year or more before you were let go. Depending on what you're flying, a year or two more experience is valuable in your case.

I hope my random thoughts help. I made the jump back in '07 and I haven't looked back. It was scary. But, I didn't have a family to take care of. Good luck.

Also if you take the VSP and then go to the reserves and retire down the road as an AGR you will have to pay it back. I've got a friend that just got a 4 year set of orders and will most likely get another set and will have to repay the VSP that he got 2.5 years ago.

ghilis101 02-07-2014 09:03 PM


Originally Posted by Elcam (Post 1576764)
Also if you take the VSP and then go to the reserves and retire down the road as an AGR you will have to pay it back. I've got a friend that just got a 4 year set of orders and will most likely get another set and will have to repay the VSP that he got 2.5 years ago.

has anyone actually been asked to pay it back? Obviously definitely want to put it away somewhere where it will make money or something, so you CAN pay it back if need be... But, don't you guys think the vsp payback will be long forgotten by the time anyone in mil finance decides to ask for it back?

Tweetdrvr 02-07-2014 10:11 PM

I know a few folks from the 1992 RIF who earned active retirements. Uncle Sam came knocking on their doors with his hands out. He wanted his money. Uncle has a long memory, especially when he is so deep in debt. At least it is an interest free payback and not adjusted for inflation.

Chris99 02-08-2014 02:40 PM


Originally Posted by Elcam (Post 1576764)
Also if you take the VSP and then go to the reserves and retire down the road as an AGR you will have to pay it back. I've got a friend that just got a 4 year set of orders and will most likely get another set and will have to repay the VSP that he got 2.5 years ago.

Keep in mind that you pay it back over time with your retirement checks, so if you're still working, it's not that bad. In other words, they don't take it all back in one lump sum. Also, you only have to pay back the after-tax amount. I was refunded about $17,000 that I had paid in taxes (out of about $25,000) the year after I received my VSP and won't ever have to pay that back when I retire. Also, the chances of you getting on enough Active Duty orders for an Active Duty retirement are not that good. In other words, your friend's situation is not the norm. Good info though.


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