Benefits?
02-17-2020, 05:34 AM
#21
Gets Weekends Off
Joined APC: May 2015
Posts: 459
Originally Posted by Skyehog
60% of your last year W2 300,000 x 60% = 180,000 divided by 12 = 15,000 of with 5,000 being taxed.
slight clarification . The $5000 company benefit is based upon your monthly guarantee of 72 hours . They will pay you 60% of your monthly guarantee up to $5000.
the employee buy up benefit is predicated in the previous years W2 earnings. You receive 60% of that monthly number up to $15,000 max .
I emailed HR 2 years ago with this exact question. I saved the email response explaining it this way.
02-17-2020, 11:44 AM
#23
Gets Weekends Off
Joined APC: Apr 2019
Posts: 813
Originally Posted by spirited
what does this cost? buying extra beyond the company's $5K
02-17-2020, 02:04 PM
#25
Gets Weekends Off
Joined APC: Oct 2010
Posts: 4,603
Originally Posted by spirited
what does this cost? buying extra beyond the company's $5K
point to remember is you should sign up for max buy up when you get hired eventhough you won’t qualify for it. Your premium will be one cent I think but it’s important to sign up as a new hire because you can do it without an evidence of insurability or a physical. If you wait you’ll need to do it and they’ll find every reason to deny you.
you’re medical is so fragile. This is the most valuable insurance you can buy. Get it!
02-17-2020, 02:31 PM
#26
Gets Weekends Off
Joined APC: Feb 2020
Posts: 419
Originally Posted by Qotsaautopilot
point to remember is you should sign up for max buy up when you get hired eventhough you won’t qualify for it. Your premium will be one cent I think but it’s important to sign up as a new hire because you can do it without an evidence of insurability or a physical. If you wait you’ll need to do it and they’ll find every reason to deny you.
Once upon a time I had a similar policy - but it was an order of magnitude more expensive. I wish I hadn't dropped it.
I will mos def sign up for the max!
02-17-2020, 03:52 PM
#28
Gets Weekends Off
Joined APC: Mar 2008
Position: Ca. CRJ 200
Posts: 348
Originally Posted by Spectre186
Thanks for the info, now I just need to get the call. Application says under review, so hopefully that means I at least passed the Gallup!
02-18-2020, 05:04 PM
#30
Gets Weekends Off
Joined APC: Mar 2008
Position: Ca. CRJ 200
Posts: 348
Originally Posted by spirited
ouch but I guess that is not as bad as waiting years for a Legacy call!
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