Comair updates?
08-24-2012, 06:09 PM
Gets Weekends Off
Joined APC: Oct 2007
Posts: 389
Originally Posted by BitterOHFO
I think this thread will morph into stories of how much better off we are in the longrun now that Comair is gone!
08-27-2012, 06:59 PM
Line Holder
Joined APC: Aug 2008
Position: MD-80 FO
Posts: 91
I wanted to update everyone the best way that I can on the merger fund. I was recently able to make contact with the Comair MEC and asked about the process for the fund. Here is the response....
Thank you for writing. I would like to start by saying you are mistaken that I have posted that the fund would be returned. This is rumor and speculation by some. That having been said the section of the ALPA Admin Manual 45 that pertains to this has been quoted NUMEROUS times in an attempt to have pilots understand the process. Here is the section that references this with the sections you are asking about highlighted:
G. DISPOSITION OF MERGER ASSESSMENT FUNDS
1. If an MEC establishes a Merger Assessment Fund and, without consummating a merger, subsequently elects to liquidate the Fund, in whole or in part, the Fund will be reviewed by independent auditors under the direction of the Vice President-Finance/Treasurer and distributed as provided in this section. At the discretion of the Vice President-Finance/Treasurer, additional review procedures may be performed.
2. A review of each Merger Assessment Fund shall be conducted within sixty (60) days after the conclusion of the JCBA or the initial implementation of the integrated seniority list, whichever occurs later. This review is to be conducted by the Office of the Vice President-Finance/Treasurer, and at the discretion of the Vice President-Finance/Treasurer, additional review procedures may be performed. The results of the review shall be reported to the Executive Council and the merged MEC.
3. Except as provided in Part 4, Carrier Fragmentation Policy, monies remaining in the Merger Assessment Fund shall be transferred within ten (10) working days of the completion of the review, to the custody of the Vice President-Finance/Treasurer. Such Fund shall subsequently be known as the Merger Dispute Fund.
4. Merger Dispute Fund Trustees
a. Each pre merger MEC shall elect two Merger Dispute Fund trustees who will jointly authorize expenditures from that Fund. It is recommended that the trustees not be merger representatives. Should a trustee, once elected, become unable or unwilling to continue in that position once the merged MEC officers have been elected, the remaining trustee will select a replacement from his pre-merger pilot group.
b. Should both trustees, once elected, become unable or unwilling to continue in that position once the merged MEC officers have been elected, the merger representatives will select two replacements from their pre-merger pilot group.
5. The Vice President-Finance/Treasurer will maintain custody of the Merger Dispute Fund for the effective period of the conditions and restrictions contained in the final merger document, except that the Fund may be terminated earlier by the mutual agreement of the majority of the respective merger representatives with the approval of the Vice President-Finance/Treasurer. The Vice President-Finance/Treasurer, upon the termination of the effective period of conditions and restrictions contained in the final merger document, shall contact the Merger Dispute Fund trustees and start the refund process.
6. Upon termination of the Merger Assessment Fund or Merger Dispute Fund, distribution will be on a pro-rata basis to those pilots who contributed to the Fund unless the balance in the Fund (after paying expenses attributable to the Fund, including distribution expenses) drops below $50.00 U.S. or Canadian currency per covered pilot. In the event the pro-rata pilot share of the Fund drops below $50.00 U.S. or Canadian currency, the monies may, at the discretion of the Merger Dispute Fund trustees, be transferred to ALPA for the account of the successor merged MEC. If, after the pro-rata distribution has been made, any monies remain undistributed for any reason the Vice President-Finance/Treasurer will review the reasons and determine how long the monies should be held before they are turned over to the account of the successor merged MEC.
Pilots will need to make sure their physical address is up to date and on file with ALPA National NOT the MEC. We do not maintain records of the pilots that leave the airline but ALPA maintains pilot information in case they become ALPA on another property or have not paid dues or whatnot. To update their address they need to call 888-fly-alpa and select membership services option 3 I believe. As you can see by the reference above there is quite a bit of audit that needs to be done and I have no timeline for the completion of this process, we have not had an MEC Meeting to vote to dissolve the fund yet as we are bunching up all of our items for one MEC Meeting. Once that occurs the above process will begin and could take 3 months or more to complete. So any future questions need to be directed to ALPA National and most likely Capt Randy Helling (DAL) VP of Finance as the ball will be in his court.
I hope you will forgive me that any future correspondence on this item I will not have time to discuss as I am juggling the Company, ALPA National Administration wind down of the MEC, Comair Pilots and family and have very little free time to continue to address the merger fund refund. Sufficed to say the money remaining will be refunded at some point. We have used about $5000 in attorney fees exploring mergers with several entities and I believe they will charge us for the audit as well. I am no accountant but that should still mean pilots should get back somewhere in the $230 range or so.
Hope that helps.
Thank you for writing. I would like to start by saying you are mistaken that I have posted that the fund would be returned. This is rumor and speculation by some. That having been said the section of the ALPA Admin Manual 45 that pertains to this has been quoted NUMEROUS times in an attempt to have pilots understand the process. Here is the section that references this with the sections you are asking about highlighted:
G. DISPOSITION OF MERGER ASSESSMENT FUNDS
1. If an MEC establishes a Merger Assessment Fund and, without consummating a merger, subsequently elects to liquidate the Fund, in whole or in part, the Fund will be reviewed by independent auditors under the direction of the Vice President-Finance/Treasurer and distributed as provided in this section. At the discretion of the Vice President-Finance/Treasurer, additional review procedures may be performed.
2. A review of each Merger Assessment Fund shall be conducted within sixty (60) days after the conclusion of the JCBA or the initial implementation of the integrated seniority list, whichever occurs later. This review is to be conducted by the Office of the Vice President-Finance/Treasurer, and at the discretion of the Vice President-Finance/Treasurer, additional review procedures may be performed. The results of the review shall be reported to the Executive Council and the merged MEC.
3. Except as provided in Part 4, Carrier Fragmentation Policy, monies remaining in the Merger Assessment Fund shall be transferred within ten (10) working days of the completion of the review, to the custody of the Vice President-Finance/Treasurer. Such Fund shall subsequently be known as the Merger Dispute Fund.
4. Merger Dispute Fund Trustees
a. Each pre merger MEC shall elect two Merger Dispute Fund trustees who will jointly authorize expenditures from that Fund. It is recommended that the trustees not be merger representatives. Should a trustee, once elected, become unable or unwilling to continue in that position once the merged MEC officers have been elected, the remaining trustee will select a replacement from his pre-merger pilot group.
b. Should both trustees, once elected, become unable or unwilling to continue in that position once the merged MEC officers have been elected, the merger representatives will select two replacements from their pre-merger pilot group.
5. The Vice President-Finance/Treasurer will maintain custody of the Merger Dispute Fund for the effective period of the conditions and restrictions contained in the final merger document, except that the Fund may be terminated earlier by the mutual agreement of the majority of the respective merger representatives with the approval of the Vice President-Finance/Treasurer. The Vice President-Finance/Treasurer, upon the termination of the effective period of conditions and restrictions contained in the final merger document, shall contact the Merger Dispute Fund trustees and start the refund process.
6. Upon termination of the Merger Assessment Fund or Merger Dispute Fund, distribution will be on a pro-rata basis to those pilots who contributed to the Fund unless the balance in the Fund (after paying expenses attributable to the Fund, including distribution expenses) drops below $50.00 U.S. or Canadian currency per covered pilot. In the event the pro-rata pilot share of the Fund drops below $50.00 U.S. or Canadian currency, the monies may, at the discretion of the Merger Dispute Fund trustees, be transferred to ALPA for the account of the successor merged MEC. If, after the pro-rata distribution has been made, any monies remain undistributed for any reason the Vice President-Finance/Treasurer will review the reasons and determine how long the monies should be held before they are turned over to the account of the successor merged MEC.
Pilots will need to make sure their physical address is up to date and on file with ALPA National NOT the MEC. We do not maintain records of the pilots that leave the airline but ALPA maintains pilot information in case they become ALPA on another property or have not paid dues or whatnot. To update their address they need to call 888-fly-alpa and select membership services option 3 I believe. As you can see by the reference above there is quite a bit of audit that needs to be done and I have no timeline for the completion of this process, we have not had an MEC Meeting to vote to dissolve the fund yet as we are bunching up all of our items for one MEC Meeting. Once that occurs the above process will begin and could take 3 months or more to complete. So any future questions need to be directed to ALPA National and most likely Capt Randy Helling (DAL) VP of Finance as the ball will be in his court.
I hope you will forgive me that any future correspondence on this item I will not have time to discuss as I am juggling the Company, ALPA National Administration wind down of the MEC, Comair Pilots and family and have very little free time to continue to address the merger fund refund. Sufficed to say the money remaining will be refunded at some point. We have used about $5000 in attorney fees exploring mergers with several entities and I believe they will charge us for the audit as well. I am no accountant but that should still mean pilots should get back somewhere in the $230 range or so.
Hope that helps.
09-06-2012, 12:49 PM
Line Holder
Joined APC: Mar 2006
Posts: 51
Originally Posted by 727574drvr
Here's the real irony: ALPA will stop sending the magazine. They want you to pay for it.
09-06-2012, 03:05 PM
Gets Weekends Off
Joined APC: Feb 2007
Position: UniCal 737 FO
Posts: 413
Originally Posted by Windshear
They kept sending me the magazine after I resigned, and then sent me a bill for them. I sent them a picture of one of the fires I started in my fire place with their magazine along with the bill that I wrote f-off on. The bills stopped coming.
09-07-2012, 12:56 PM
West Coast livin
Thread Starter
Joined APC: Mar 2007
Position: Captain
Posts: 984
<iframe width="420" height="315" src="Robot Chicken: Dumplestiltskin - YouTube" frameborder="0" allowfullscreen></iframe>
Just to break things up a little. Hope you like!!!
Just to break things up a little. Hope you like!!!
09-10-2012, 11:10 AM
West Coast livin
Thread Starter
Joined APC: Mar 2007
Position: Captain
Posts: 984
Originally Posted by On Autopilot
<iframe width="420" height="315" src="Robot Chicken: Dumplestiltskin - YouTube" frameborder="0" allowfullscreen></iframe>
Just to break things up a little. Hope you like!!!
Just to break things up a little. Hope you like!!!
Top Secret! (5/9) Movie CLIP - Compact Car (1984) HD - YouTube
09-13-2012, 02:28 PM
Gets Weekends Off
Joined APC: Apr 2009
Position: 121 FO
Posts: 209
Wow this thread died! Anyone else enjoying not going to DTW? I got my old construction job back and its been wonderful being home every night! Sadly I don't even miss flying!
I guess its back to reality next week to go sit RR in DTW 2 days next week for absolutely no reason! Guess scheduling is getting their money's worth out of us even to the bitter end! Can't wait to delete that contact off my phone!
I guess its back to reality next week to go sit RR in DTW 2 days next week for absolutely no reason! Guess scheduling is getting their money's worth out of us even to the bitter end! Can't wait to delete that contact off my phone!
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