TristarJS30

Ah, I just saw 2 weeks per year of service... if I worked 10 years (again, pardon my simple math) that is 20 weeks pay, same as a 20 year guy would get on the 55 point plan.

I'd think Comair would be lucky to get 1 guy to take it, and they know it.

Spoilers

Can I take the package even though I'm getting furloughed?

RiddleEagle18

I dont know some of the guys at the very top are now 60-61. They might be thinking maybe its time. Im gonna guess 2!

TurboDog

You may actually see guys right around 5 years take this as they won't be furloughed and they don't feel like being on reserve as an FO for the next few years.

So are they saying that with 5 years of service you and your pass riders would get flying bennies for 5 years with unlimited yield fare tickets for 5 years, or unlimited yield fare for life?

TristarJS30

Severance pay for a 5 year FO would roughly be $7,000 bucks. Not exactly enough to get me to go... 'cept I'm gettin furloughed so I'd take it and run.

I think its a year of non-revving per year of service for the early out plan. The "55 point plan early retirement" is lifetime.

cyrcadian

One year for each year of completed service.

The people eligible for the 55 point program get unlimited S3B for life.

TurboDog

Why would you need unlimited yield fare tickets on Delta and Comair if you have benefits for the same duration?

evilboy

Man, no one is going to take this "package". You got the large majority of the 10 percenters -top of seniority- who, if you look at their bdate, are @ the 50 y.o. age. Average seniority at that point is @ 17 years. That's 34 weeks of pay, for a 50-55 y.o. person, with quite possibly a lot of bills -still- and maybe kid(s) to help thru college. And on top of that, their "retirement" package/savings is in the dumps. Throw in a really bad economy where the prospects for a job -any job- are slim, specially by the fact they have been pigeon holed doing only one thing -flying- for the last 2 decades. Put yourself in that situation, and what would you do?. Th only ones that MAY consider taking this offer, are the ones with a second source of income. Another business, early good investments, income earning spouses, etc. This is a moot point.........time for a pool. I'll say 10 PILOTS will take this offer. Throw your number in the hat.

flycrj200

My number is 17.365 pilots

cyrcadian

I don't understand your question.

To me it looks like the guys with 10-20 YOS make out the best. Unlimited pass benefits and almost 5 months pay.