? About CA Retention Bonus
#1
Thread Starter
On Reserve
Joined: Feb 2017
Posts: 102
Likes: 2
So, I opted into the new amended CA retention bonus. Last summer, I also opted to get the $30K.
Either way, we get $150K. For those that did take the $30K already, like myself, a CA since 2019, will I (we) get a $90K lump payment (I've already passed my 1 year since CA LOE ($15K), plus one year each afterwards at $40K each)? Then, there's the $25K upon flow.
Either way, we get $150K. For those that did take the $30K already, like myself, a CA since 2019, will I (we) get a $90K lump payment (I've already passed my 1 year since CA LOE ($15K), plus one year each afterwards at $40K each)? Then, there's the $25K upon flow.
#2
New Hire
Joined: Dec 2020
Posts: 8
Likes: 0
The agreement specifies $40,000 on the one-year anniversary starting in 2022 of their completion of IOE training as a PSA Captain OR the one-year anniversary of the payment of their Captain Bonus Payment under the August 2021 LOA or Paragraph A.5.(d).(v), WHICHEVER IS LATER
So I think we have to be a year from that first bonus to receive the $40k. The another year after that we receive the second $40k.
It also specifies we can only receive this if the PSA Captain has the required Qualifying Credit Hours in the preceding 12-month period. Anyone have any idea how to look up our qualifying credit hours for the past year?
So I think we have to be a year from that first bonus to receive the $40k. The another year after that we receive the second $40k.
It also specifies we can only receive this if the PSA Captain has the required Qualifying Credit Hours in the preceding 12-month period. Anyone have any idea how to look up our qualifying credit hours for the past year?
#3
Thread Starter
On Reserve
Joined: Feb 2017
Posts: 102
Likes: 2
The agreement specifies $40,000 on the one-year anniversary starting in 2022 of their completion of IOE training as a PSA Captain OR the one-year anniversary of the payment of their Captain Bonus Payment under the August 2021 LOA or Paragraph A.5.(d).(v), WHICHEVER IS LATER
So I think we have to be a year from that first bonus to receive the $40k. The another year after that we receive the second $40k.
It also specifies we can only receive this if the PSA Captain has the required Qualifying Credit Hours in the preceding 12-month period. Anyone have any idea how to look up our qualifying credit hours for the past year?
So I think we have to be a year from that first bonus to receive the $40k. The another year after that we receive the second $40k.
It also specifies we can only receive this if the PSA Captain has the required Qualifying Credit Hours in the preceding 12-month period. Anyone have any idea how to look up our qualifying credit hours for the past year?
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