ALPA Loss of License insurance
#11
Gets Weekends Off
Joined APC: Dec 2008
Position: 777 Cap
Posts: 199
^^This.
That was my perception. UAL's plan seemed a far better deal, and why I opted for it.
As I understand it, the plan pays about 60% of your pay (not sure if that is monthly guarantee, or what you can bid), BUT, it is tax-free....meaning you net take-home is about 80% of what you earn while working.
Just wanted to make sure I wasn't missing something.
That was my perception. UAL's plan seemed a far better deal, and why I opted for it.
As I understand it, the plan pays about 60% of your pay (not sure if that is monthly guarantee, or what you can bid), BUT, it is tax-free....meaning you net take-home is about 80% of what you earn while working.
Just wanted to make sure I wasn't missing something.
Pilot pays 35%, with post tax money, and pays imputed income on company 65% contribution, making entire benefit tax free.
#12
New Hire
Joined APC: Aug 2014
Position: Airbus Captain
Posts: 7
Thread
Thread Starter
Forum
Replies
Last Post