pilotgolfer

You're welcome. Just to add...the insurance is available right away foR new hires. The CAL new hires in the past had to wait 6 months. Also the hotel is pRovided with perdiem while in new hire training. That wasn't the case at the UAL previously.

Snarge

and there is no split between seniority and longevity... that too fixed in the new contract...

missintheline

+1, brother. Between orders with Mother Marine Corps and finding an eyepokingly boring but well paying, stable (until sequestration)cubicle job as a govvie civilian I've fortunately not only weathered the double furlough surprise but also didn't take the CAL recall because the old pay rates would have been a massive paycut for me.

Gunshy to say the least, I'm waiting and watching from the sidelines to absorb the SLI staple job/non-counting of almost all of my 7+ years on furlough. This anticipated 'all furlough time is not created equal' boning will put me on 5th year pay, break even with my current home every night, every weekend and holiday off cubicle drone existence.

Plan to give it a few years for retiring/hiring to put some meat between me and the street....er...for a new generation of fraternal brothers to be positioned behind me to absorb the vagaries of the industry.

Fool me twice as they say....

flybynuts

Hey missing,

Are you still at 774?

Coto Pilot

I am twice furloughed and flying at CAL. There are over 400 of us now and my guess is half will come back over the ten years. That is only about 300 pilots to be absorbed over a the next 7 years or so.

workingforfree

Anyone hear anything from CV (or others in the IAH), if there are any off-the-street calls planned in the near future? Changes as a result of the JCBA?

Thanks!

LAX Pilot

Yes to all for sure. We have retirements, plus the new contract work rules will require more pilots on the CAL side because those pilots will be less efficient now for the company, not much changes on the UAL side.

Probably hire 500 new pilots in 2013, but thats just a guess. Could be more. Probably see 100 furloughees return. Also a guess.

Roper92

Golfer Pilot,

Please splain this 16% fund contribution. I was under the assumption it was a 401(K) contribution. Is that incorrect? Where does the money go? Is it more like a pension?

pilotgolfer

The company deposits 16% of your gross pay into a fund that you own. It requires no contribution from you. If you make 10,000 bucks in December, they put 1600 dollars into your B/C fund.

The B/C fund has limits on annual contribution amount in conjunction with the 401k contributions. I think the limit is around 50K now. So lets say you make 200k. The company would put 16% or 32k into you retirement account. To max out your annual contribution limit, you could put another 18k or 9% into your 401k.

I'm not positive on all the rules. I've never been close to maxing anything out and my retirement funds got eradicated this last furlough.

Roper92

Ok, so it acts like a 401K then? Do you have control on what that 16% is invested in? Is the money yours no matter what? I guess what I am asking is if this is similar to a 401K where the money is yours whether you quit, get fired, company goes bankprupt yada yada..

If so, is it in your 401K account, or would your 401K be separate?