Regional benefits.
08-05-2019 | 07:14 AM
#11
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,895
Likes: 689
From: Engines Turn or People Swim
The only regionals which actually "bleed into" a major are the AA wholly owned regionals. Any top tier major should have pretty decent benefits (for pilots) compared to normal 9-5 white-collar jobs.
08-05-2019 | 07:29 AM
#12
Gets Weekends Off
Joined: Mar 2017
Posts: 4,163
Likes: 144
Why does anyone go to a 121 than you ask? The "chance" to make more over the course of your career, especially if you are young. If you are older than I think they balance out pretty even. Also, longer upgrade times and the need to fill multiple roles in the service of your clients, would be several more reasons people avoid it.
08-05-2019 | 07:31 AM
#13
Gets Weekends Off
Joined: Mar 2017
Posts: 4,163
Likes: 144
First time poster. Which Regional has the best benefits for a pilots wife and kids? Looking into medical and retirement especially. Have a special needs son with cerebral palsy/cognitive delays and need concrete numbers because I have to have good medical for him as his care needs are high and I need to figure out retirement for myself and his care for his life also. I’m not sure which Regional would be best as whatever major they bleed into is a huge consideration also for the same considerations.
I certainly wouldn't pick a regional solely on who they are affiliated with at the major level in terms of the health insurance offered.
08-14-2019 | 10:00 AM
#14
Gets Weekends Off
Joined: Oct 2015
Posts: 3,195
Likes: 42
From: Gear slinger
^This is true.
As for retirement Piedmont gives a 1% DC along with 50% match of 6% less than 4 years of service then 9% 4-9 years, and 10% 10-14 years.
Once you flow to AA you'll get a 16% DC. Healthcare costs seem to double at AA but your paycheck will be 2-3x as much.
It takes a bit of time to flow to AA unless you get hired outside the flow, which has been happening more often recently, but a huge upside to Piedmont is that you'll have the option to move on to a legacy via the flow and the pay, schedule, and retirement contributions are much better there.
As for retirement Piedmont gives a 1% DC along with 50% match of 6% less than 4 years of service then 9% 4-9 years, and 10% 10-14 years.
Once you flow to AA you'll get a 16% DC. Healthcare costs seem to double at AA but your paycheck will be 2-3x as much.
It takes a bit of time to flow to AA unless you get hired outside the flow, which has been happening more often recently, but a huge upside to Piedmont is that you'll have the option to move on to a legacy via the flow and the pay, schedule, and retirement contributions are much better there.
08-14-2019 | 11:43 AM
#15
Banned
Joined: May 2017
Posts: 2,012
Likes: 0
Sounds like you need stability much more than the “best” plan. I’d heavily favor a wholly owned carrier if (as I presume if you’re concerned about retirement) you’re planning to make a career at a regional.
Are you able to move your son and if not where do you live?
Are you able to move your son and if not where do you live?
Thread
Thread Starter
Forum
Replies
Last Post
