At NGPA United said will be hiring this year more info soon!
Birddog
03-26-2021 01:47 PM
Tell ALPA. Maybe they will refund the furlough fund assessment.
ERAUAV8TR
03-26-2021 03:10 PM
Keep forgetting the negative Nancy's on here
TodKindrsChikun
03-26-2021 04:16 PM
Originally Posted by ERAUAV8TR
(Post 3211934)
Keep forgetting the negative Nancy's on here
Is he wrong?
ERAUAV8TR
03-26-2021 06:02 PM
They already addressed that in many emails.
TodKindrsChikun
03-27-2021 07:35 AM
Originally Posted by ERAUAV8TR
(Post 3211990)
They already addressed that in many emails.
Right. Quick to take but slow to give back. Just like 94.5.
biggun
03-28-2021 04:32 PM
Isn't the CAL LTD still yet to be paid back? Over-payments?
EWRflyr
03-28-2021 07:14 PM
Originally Posted by biggun
(Post 3212650)
Isn't the CAL LTD still yet to be paid back? Over-payments?
There were no “over payments” to the L-CAL LTD plan. The current over-funding is due to the investment returns of the fund. Just like the post-merger new UAL LTD plan, there was an adjustment made every year to premiums paid based on fund balance, projected returns, the number of people on the plan or projected to be, actuarial life expectancies for the medical conditions, etc. When investment returns or other things resulted in less than needed, we paid more in premiums and vice versa in a given year. Since the plan was frozen after the merger with the number of pilots on LTD set, the returns have done well resulting in more funds than is needed to cover the beneficiaries. That number will fluctuate as people return from LTD, pass away, reach age 65 or investment balance changes.
