Extended Tine Off/Early Retirement Ofer
#183
Gets Weekends Off
Joined APC: Apr 2012
Position: 737 CA
Posts: 508
Agree to disagree. I and as pretty much everyone I knew were a hard no on TA1 without setting foot on the SWAPA forums. Inflated egos are all that what thrive there.
#184
On Reserve
Joined APC: Dec 2017
Position: SW CA
Posts: 14
So the average monthly guarantee of 88.0 tfp becomes 88 times 1.03 (raise) times 1.15 (NEC) plus 8.8 tfp sick trips earned plus 4-5 weeks vacation (either 8.7 or 10.9 tfp/month using 26.25 per week) Is 104.2 plus 8.8 sick plus 8.7 vacation equals 121.7 (4 weeks vacation) or 123.9 (5 weeks vacation).
So for a 4 week vacation guy the difference is 54.7 tfp/month (not including profit sharing, sick bank drawdown to zero, or future raises). That’s $13,425/month at a minimum and potentially much more depending on sick bank balance and future PS).
Saying someone who stays is working for 20 tfp/month is either misinformed or at least disingenuous.
Also - there’s no minimum age requirement - so if you feel sorry for someone staying for (as you put it) 20tfp, then why would you not take it and run?
#186
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,120
There's movement afoot to change the vibe of the forums. Dunno if any of it will work, but I think there is an effort underway.
#187
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,445
Extended Tine Off/Early Retirement Ofer
Not an accurate statement. The 67 tfp doesn’t include NEC , vacation, sick pay earned, or profit sharing (estimated by Wall Street at about 5% for 2021 (obviously zero for 2020). The 67 also doesn’t include September’s 3% raise.
So the average monthly guarantee of 88.0 tfp becomes 88 times 1.03 (raise) times 1.15 (NEC) plus 8.8 tfp sick trips earned plus 4-5 weeks vacation (either 8.7 or 10.9 tfp/month using 26.25 per week) Is 104.2 plus 8.8 sick plus 8.7 vacation equals 121.7 (4 weeks vacation) or 123.9 (5 weeks vacation).
So for a 4 week vacation guy the difference is 54.7 tfp/month (not including profit sharing, sick bank drawdown to zero, or future raises). That’s $13,425/month at a minimum and potentially much more depending on sick bank balance and future PS).
Saying someone who stays is working for 20 tfp/month is either misinformed or at least disingenuous.
Also - there’s no minimum age requirement - so if you feel sorry for someone staying for (as you put it) 20tfp, then why would you not take it and run?
So the average monthly guarantee of 88.0 tfp becomes 88 times 1.03 (raise) times 1.15 (NEC) plus 8.8 tfp sick trips earned plus 4-5 weeks vacation (either 8.7 or 10.9 tfp/month using 26.25 per week) Is 104.2 plus 8.8 sick plus 8.7 vacation equals 121.7 (4 weeks vacation) or 123.9 (5 weeks vacation).
So for a 4 week vacation guy the difference is 54.7 tfp/month (not including profit sharing, sick bank drawdown to zero, or future raises). That’s $13,425/month at a minimum and potentially much more depending on sick bank balance and future PS).
Saying someone who stays is working for 20 tfp/month is either misinformed or at least disingenuous.
Also - there’s no minimum age requirement - so if you feel sorry for someone staying for (as you put it) 20tfp, then why would you not take it and run?
What is the value that you put on having up to 5 years of your life? If you want to give it to the company, then be my guest. I mean that with all sincerity.
Like I said, if it were me and I had met my retirement goal $$$ wise, I would hit the street faster than you can say go. Others may have a different take. I get it. I just feel like a lot of guys are trying to put a dollar value on their time and when they get to the end of their lives, they will realize that they greatly undervalued it. My dad died when he was 62. Some of his last words to me were expressing regret for lost time. He didn't say a thing about money.
#188
On Reserve
Joined APC: Dec 2017
Position: SW CA
Posts: 14
What is the value that you put on having up to 5 years of your life? If you want to give it to the company, then be my guest. I mean that with all sincerity.
Like I said, if it were me and I had met my retirement goal $$$ wise, I would hit the street faster than you can say go. Others may have a different take. I get it. I just feel like a lot of guys are trying to put a dollar value on their time and when they get to the end of their lives, they will realize that they greatly undervalued it. My dad died when he was 62. Some of his last words to me were expressing regret for lost time. He didn't say a thing about money.
Like I said, if it were me and I had met my retirement goal $$$ wise, I would hit the street faster than you can say go. Others may have a different take. I get it. I just feel like a lot of guys are trying to put a dollar value on their time and when they get to the end of their lives, they will realize that they greatly undervalued it. My dad died when he was 62. Some of his last words to me were expressing regret for lost time. He didn't say a thing about money.
#189
Because he is still a young man and has a family to provide for? Because he hasn't met his retirement target? There's no need to be provocative. He is sharing his thoughts on the value of the package the company has offered.
If you decide the package is inadequate and you need to work for another 5+ years, great.
Just don't fly open time during a furlough.
Sent from my iPhone using Tapatalk
Thread
Thread Starter
Forum
Replies
Last Post