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Old 06-06-2020, 12:29 PM
  #181  
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150 trips in your 60s? Please shoot me.

I WAS kind of a high time flyer before all of this. Now, no thanks. Did what was needed to survive on MG and now I want to take a EXTO if I can.
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Old 06-06-2020, 12:48 PM
  #182  
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If it wasn't for the forum and the regulars, I think we would be flying under TA1. And no, I'm not a regular there.
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Old 06-06-2020, 01:04 PM
  #183  
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Originally Posted by Rolf View Post
If it wasn't for the forum and the regulars, I think we would be flying under TA1. And no, I'm not a regular there.

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.
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Old 06-06-2020, 01:22 PM
  #184  
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Originally Posted by e6bpilot View Post
I will actually be depressed for anyone I fly with over 60 in the next few years. They are working their tails off for 20tfp.
There is a reason I left the Navy at 20 years and 24 days. It felt 24 days too long.
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?
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Old 06-06-2020, 01:55 PM
  #185  
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I turned 60 yesterday. I filled out the VSP request form the day it was offered. Good luck to all of you. Oh, and please keep the company in business for at least five more years...
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Old 06-06-2020, 03:05 PM
  #186  
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Originally Posted by Burton78 View Post
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.
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.
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Old 06-06-2020, 04:05 PM
  #187  
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Originally Posted by Bucky19 View Post
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?

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 $$$ wise, I would hit the street faster than you can say go. Others may have a different take. I get it. I just feel like a lot of guys are trying to put a dollar value on their time and when they get to the end of their lives, they will realize that they greatly undervalued it. My dad died when he was 62. Some of his last words to me were expressing regret for lost time. He didn't say a thing about money.
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Old 06-06-2020, 04:20 PM
  #188  
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Originally Posted by e6bpilot View Post
What is the value that you put on having up to 5 years of your life? If you want to give it to the company, then be my guest. I mean that with all sincerity.
Like I said, if it were me and I had met my retirement goal $$$ 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.
So since the money part doesn’t matter why in the world aren’t you taking the VSP?
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Old 06-06-2020, 04:52 PM
  #189  
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Originally Posted by Bucky19 View Post
So since the money part doesn’t matter why in the world aren’t you taking the VSP?

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.


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Old 06-06-2020, 04:54 PM
  #190  
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Actually Bucky, you do get 3% in September if I remember correctly and any other pay raises if and when we sign the new contract.
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