Yeah that's about right. One year I had 0, but 1 year I had 16 days of sick calls (3 colds and 1 flu yikes) that put me out 4 4 day trips. I never heard a peep from anyone. I don't think there is a policy, but I imagine as long as you're not abusing anything, it's no big deal. Our flight attendants have a completely different story, though.....

Sounds like a good way to do it (per hour versus per month) but it seems a little low. Maybe I'm not calculating it right. Can you give me an example with real numbers?

to take this further, it is called an absence policy, that also includes Missed Trips and fatigues not covered (they don't believe you were actually fatigued), FMLA that is later not covered)
at the 6th level, a suspension is guaranteed, 1-3 days. They have the option to send you to their dial a doc that will find you unqualified, once that happens, good luck getting your job back.

They have never terminated anyone (yet), but it is coming.

Ironically all the letter of warning I have EVER seen (100's of them), they all say SICK as the reason for the absence. I have never seen a letter for absence other that sick.

Pinnacle management claims they borrowed the policy from XJET and CJC supposedly has the same as 9E

You can read xjt's policy in this thread.

CFR 61.53 prohibits you from "Operations during medical deficiency". The next time you are told to call the CP or sign an "Occurance" letter, simply reference CFR 61.53 over the phone or on paper.

Problem solved.... You have complied with the letter of the law.....let 'em try to fire you....won't hold up in court.