UAL Reserve Rules
#131
On Reserve
Joined: Mar 2007
Posts: 57
Likes: 7
LTD is 50% and you get a 32% DC contribution to make up for the 50% reduction in wages.
#134
Gets Weekends Off
Joined: Nov 2022
Posts: 148
Likes: 0
#135
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 188
I don’t know about UAL. At Delta LTD is company funded and the fund is off the companies books administered by Harvey Watt. This means in the event of a Chapter 11 filing or liquidation the fund can’t be seized by Delta, creditors or the courts and payments continue even if Delta ceases to exit. Contractual requirements insure it’s always fully funded. When Delta filed chapter 11 there was a uptick in disability claims as pilots feared liquidation. The disability fund was in great shape. With Delta’s rebound many of those pilots had miracles happen and were cured!
#139
Gets Weekends Off
Joined: Sep 2022
Posts: 855
Likes: 0
#140
Banned
Joined: Feb 2011
Posts: 1,629
Likes: 0
From: 756 Left Side
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