Comair updates?
Permanent Ready Reserve
Joined: Mar 2006
Posts: 969
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From: Upright and Locked
I know this might not be the best place to ask this question, but maybe someone who was furloughed before can answer. I was furloughed on Jan 19th, and checked my 401k to see how bad Wall Street had ravaged it. I noticed Comair didn't waste any time letting them know I was furloughed and yanked my earned company match (I'm obviously not vested yet.)
My question is, if I was to be recalled would I have any chance of getting that money back?
My question is, if I was to be recalled would I have any chance of getting that money back?
I know this might not be the best place to ask this question, but maybe someone who was furloughed before can answer. I was furloughed on Jan 19th, and checked my 401k to see how bad Wall Street had ravaged it. I noticed Comair didn't waste any time letting them know I was furloughed and yanked my earned company match (I'm obviously not vested yet.)
My question is, if I was to be recalled would I have any chance of getting that money back?
My question is, if I was to be recalled would I have any chance of getting that money back?
Gets Weekends Off
Joined: Feb 2007
Posts: 224
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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.
17 hours without a post. Can't let that happen.
Anyhow, here's a posting of mine from a few days ago. Anyone interested in throwing a number into the pool?.
Gets Weekends Off
Joined: Mar 2008
Posts: 1,197
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Well, we are already up to 10 confirmed people now so we'll see what happens. I'll bet you have about 20 more next week.
Gets Weekends Off
Joined: Mar 2008
Posts: 1,197
Likes: 0
hate to put it this way, but when they were telling furlougees not to expect a call back, I don't think they were kidding. There is another displacement bid soon to come out sometime after Feb 2nd which will have more downgrades/furloughs. I doubt they are going to call you anytime soon. Just keepin it real. Sorry
hate to put it this way, but when they were telling furlougees not to expect a call back, I don't think they were kidding. There is another displacement bid soon to come out sometime after Feb 2nd which will have more downgrades/furloughs. I doubt they are going to call you anytime soon. Just keepin it real. Sorry
I was being sarchastic earlier. I know we're not getting a call back. It'd be delusional of me to think so. Just hope -not holding my breath here either- that other companies turn around a little faster than "predicted".
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