American Eagle FO Paycheck w/ Family Ins.
03-12-2008 | 09:30 PM
#31
Line Holder
Joined: Mar 2008
Posts: 63
Likes: 0
I'm not sure Tricare can still be used when you retire. I think it converts into some other kind of medical insurance but you still have to pay a deductable. Not sure. Will check on it though.
Yes, My retirement check can pay for living expenses along with regional pay, I believe I won't have much trouble surviving, considering when you retire, you can go to any military base and use the Commissary (grocery store) etc with the retirement ID card. My family will get military "perks" the rest of our life that other pilots don't have to help out. I will be fortunate in that regard I suppose.
Yes, My retirement check can pay for living expenses along with regional pay, I believe I won't have much trouble surviving, considering when you retire, you can go to any military base and use the Commissary (grocery store) etc with the retirement ID card. My family will get military "perks" the rest of our life that other pilots don't have to help out. I will be fortunate in that regard I suppose.
03-12-2008 | 09:41 PM
#32
Gets Weekends Off
Joined: Dec 2007
Posts: 197
Likes: 0
From: Brazilian Left Seat Driver
wow i never expected this to be so detailed! great!.. i tried asking this same question at eaglelounge.com but it was nothing like this! apc rocks hehe!...
Now my question, Im not an Airline Pilot so this will look kind of a dumb question for you guys but, why the first paycheck is not even half of what you receive in the 2nd paycheck? and In case im not married, no kids, can I put that PPO +2 for my parents? and a sister maybe?...
Thank you!
Now my question, Im not an Airline Pilot so this will look kind of a dumb question for you guys but, why the first paycheck is not even half of what you receive in the 2nd paycheck? and In case im not married, no kids, can I put that PPO +2 for my parents? and a sister maybe?...
Thank you!
03-12-2008 | 09:56 PM
#33
Line Holder
Joined: Sep 2006
Posts: 30
Likes: 0
From: Army UC-35 / Both
I'm not sure Tricare can still be used when you retire. I think it converts into some other kind of medical insurance but you still have to pay a deductable. Not sure. Will check on it though.
Yes, My retirement check can pay for living expenses along with regional pay, I believe I won't have much trouble surviving, considering when you retire, you can go to any military base and use the Commissary (grocery store) etc with the retirement ID card. My family will get military "perks" the rest of our life that other pilots don't have to help out. I will be fortunate in that regard I suppose.
Yes, My retirement check can pay for living expenses along with regional pay, I believe I won't have much trouble surviving, considering when you retire, you can go to any military base and use the Commissary (grocery store) etc with the retirement ID card. My family will get military "perks" the rest of our life that other pilots don't have to help out. I will be fortunate in that regard I suppose.
For what it is worth.......
03-13-2008 | 09:34 PM
#34
Thread Starter
On Reserve
Joined: Mar 2007
Posts: 24
Likes: 0
A first year Eagle FO here - on reserve - and taking the full medical PPO package with dental and vision for $303/month (basically employee + 2 package which covers your spouse and all of your kids too)
taking home $536 for the mid-month paycheck and taking home $750-800 for the end of the month paycheck depending on how much I am away from base (averaging 150 hours/month away from base). I don't break the 75hr guarantee and I haven't been picking up OT.
Basically I make enough to cover the mortgage - my wife's job and income covers everything else.
For those retiring from the military, your monthly military pension will be bigger than your monthly Eagle paycheck. And you might want to see about staying on TriCare (will save you $300/month in insurance costs add $150/paycheck to takehome pay). I don't know how good TriCare is compared to Eagle (United Healthcare) insurance though.
taking home $536 for the mid-month paycheck and taking home $750-800 for the end of the month paycheck depending on how much I am away from base (averaging 150 hours/month away from base). I don't break the 75hr guarantee and I haven't been picking up OT.
Basically I make enough to cover the mortgage - my wife's job and income covers everything else.
For those retiring from the military, your monthly military pension will be bigger than your monthly Eagle paycheck. And you might want to see about staying on TriCare (will save you $300/month in insurance costs add $150/paycheck to takehome pay). I don't know how good TriCare is compared to Eagle (United Healthcare) insurance though.
Thanks as always for the helpful replies!
03-14-2008 | 04:54 AM
#35
Gets ALL Days Off
Joined: Mar 2007
Posts: 958
Likes: 0
From: Sit down comedian.
First off, that other guy said he is still on reserve. He is probably making guarantee or just slightly above. Second, at Eagle you get paid the greater hour amount of what you actually flew, or what you were scheduled for. Example: If I was scheduled for an 88 hour line, I am going to get paid that 88 hours even if half of the flights cancel. IF a few flights here and there we go over our block time (happens all the time flying in the northeast I.E. NEW YORK all time and anywhere else with bad weather) then you will make extra money. So obviously I made more than someone on reserve- Thats a no brainer. And yes, I had no contribution my first year to a 401K. I needed every penny.
03-14-2008 | 10:57 AM
#36
Thread Starter
On Reserve
Joined: Mar 2007
Posts: 24
Likes: 0
UnlimitedAkro, you've been very helpful, and I appreciate it. Your very first post mentioned your pay as a "first year FO". I assumed you were talking about reserve, but it looks like you were talking about flying the line. In a subsequent post, you mentioned that you were only on reserve "a few months". Are you flying the Saab, then?
Boardpilot, you mentioned that you made about $2000/month total, after taxes and benefits, as a RESERVE guy. Are you an ERJ pilot, and flying non-stop while on reserve?
Boardpilot, you mentioned that you made about $2000/month total, after taxes and benefits, as a RESERVE guy. Are you an ERJ pilot, and flying non-stop while on reserve?
03-14-2008 | 08:17 PM
#37
Line Holder
Joined: Jun 2006
Posts: 491
Likes: 0
One thing you can try to do as a reserve pilot to increase your pay is to pick up Open Time which pays 120% of base pay.
But as a reserve pilot you can only pick up open time on your 11 days off.
The OT you pick up increases your guarantee by the value of the trip.
When you are on your reserve days, you try not to fly so that your days "on" are your days "off".
So say you are able to pick up 8 hours of OT flying on your days off.
Your 75 hour guarantee as a reserve pilot is now 75 hours + 9.6 hours or 84.6 hours of pay for the month.
But as a reserve pilot you can only pick up open time on your 11 days off.
The OT you pick up increases your guarantee by the value of the trip.
When you are on your reserve days, you try not to fly so that your days "on" are your days "off".
So say you are able to pick up 8 hours of OT flying on your days off.
Your 75 hour guarantee as a reserve pilot is now 75 hours + 9.6 hours or 84.6 hours of pay for the month.
03-15-2008 | 02:12 PM
#38
Line Holder
Joined: Feb 2007
Posts: 64
Likes: 0
Wow! this Eagle thread has the best information yet. Keep it coming. 
It seems like you will take home about $2100 after taxes and deductions. So, after your second year and holding a line (hopefully) what would the average pilot take home pay be then? How long would it be before you could take home $3600 a month?
It seems like you will take home about $2100 after taxes and deductions. So, after your second year and holding a line (hopefully) what would the average pilot take home pay be then? How long would it be before you could take home $3600 a month?
Thread
Thread Starter
Forum
Replies
Last Post
