Extended Tine Off/Early Retirement Ofer

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06-01-2020, 07:20 AM

#11

ZapBrannigan

Furloughed Again?!

Joined APC: Aug 2007

Position: Boeing 737

Posts: 4,795

Quote:

Originally Posted by TheBlueBaron

My wife got laid off just before this Covid mess started. I never thought I would be able to take any kind of ETO or ExTO but if she was still employed, I'd take that for a year or two.

Mine works full time. I'm already window shopping the local community college catalog thinking maybe this is a good time to learn a non aviation skill. Being home for my sons last four years of school might be too good to pass up.

Sent from my iPhone using Tapatalk

06-01-2020, 07:29 AM

#12

Peacock

Gets Weekends Off

Joined APC: Jun 2017

Posts: 659

Lots of guys with active duty or reserve retirement that could make sense to take this younger than 60

06-01-2020, 07:38 AM

#13

TANSTAAFL

Gets Weekends Off

Joined APC: Dec 2009

Position: Still in one

Posts: 784

DAL here. Does this include any 401K matching and would it pay a medical plan or put the money into an RMA you could use as needed?

06-01-2020, 07:39 AM

#14

NewGuy01

Gets Weekends Off

Joined APC: May 2017

Posts: 936

That seems like a solid offer. Good luck to everyone.

06-01-2020, 07:40 AM

#15

Smooth at FL450

weekends off? Nope...

Thread Starter

Joined APC: Apr 2014

Posts: 1,940

Quote:

Originally Posted by TANSTAAFL

DAL here. Does this include any 401K matching and would it pay a medical plan or put the money into an RMA you could use as needed?

Doesn't look like it includes 401k contributions and the medical plan is included for up to 5 years. A pilot specific FAQ will be out in a few days...

06-01-2020, 07:43 AM

#16

TheBlueBaron

Gets Weekends Off

Joined APC: Oct 2013

Position: The right seat

Posts: 257

Quote:

Originally Posted by ZapBrannigan

Good point. Wish mine was still employed. This would be a great time to do my masters (in something outside of aviation of course). Might have to do me some serious number crunching. However, I'm not very senior and this is a pretty sweet deal. They may actually have to turn people down if they get too many takers. Especially if we really do operate a near full schedule in November and December.

06-01-2020, 08:02 AM

#17

TANSTAAFL

Gets Weekends Off

Joined APC: Dec 2009

Position: Still in one

Posts: 784

Quote:

Originally Posted by Smooth at FL450

Doesn't look like it includes 401k contributions and the medical plan is included for up to 5 years. A pilot specific FAQ will be out in a few days...

If it doesn’t get posted here could you PM me pls

06-01-2020, 08:06 AM

#18

DownAndDirty

Gets Weekends Off

Joined APC: Mar 2016

Position: Pilot

Posts: 174

This is a damn good deal and I hope everyone senior to me (98% of all pilots) takes it.

06-01-2020, 08:17 AM

#19

e6bpilot

Gets Weekends Off

Joined APC: Apr 2013

Posts: 3,424

Extended Tine Off/Early Retirement Ofer

Quote:

Originally Posted by TANSTAAFL

If it doesn’t get posted here could you PM me pls

VSP does not include 401k company contributions or profit sharing of any kind. Medical is 5 years or 65, whichever comes first for over 55, 12 mos paid cobra for 54 and under, but you can use your sick bank to buy extended medical.

ExTO includes it all. You are paid a flat rate and receive benefits as if you were an active employee.