Originally Posted by iama570
(Post 1520427)
Call it what ever you want but it is still fraud and unethical. Explain that
to your kid how daddy or mommy really isn't sick but he or she is taking money from an insurance company saying he or she is. It has nothing to do corporate leadership, that is just rationalization. To lie about your physical ability or lack of to the FAA is fraud, then to take insurance money. It is not only playing the system but illegal and unethical, plain and simple. Scott |
Originally Posted by Packrat
(Post 1520475)
The big downside is that at some outfits you lose the option to take a lump sum retirement payout. You are pension only. Most pensions do not have cost of living escalators.
One factor to consider with LTD is that there are no contributions made to the B/C fund, all company contributions stop. In addition, pilots are required to pay their own medical/life insurance premiums. The early out program offers retirement payments and payments into RHA. |
Originally Posted by iama570
(Post 1520427)
Call it what ever you want but it is still fraud and unethical. Explain that
to your kid how daddy or mommy really isn't sick but he or she is taking money from an insurance company saying he or she is. It has nothing to do corporate leadership, that is just rationalization. To lie about your physical ability or lack of to the FAA is fraud, then to take insurance money. It is not only playing the system but illegal and unethical, plain and simple. |
Is there a link somewhere to view the overall seniority list, including retirement dates?
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Originally Posted by XHooker
(Post 1521046)
All true, but is it really an issue? I'm sure there are some doing it, but I don't know any, nor have I even heard of any scamming LTD. What I find ironic is that employees are held and hold ourselves to a different standard than senior management. When management invents a way to increase their compensation above what was previously agreed through... say... basing retirement on a multiple of, rather than actual years served, or... say... extending the time allowed to meet a performance incentive, it's perfectly legal. Like you said, scamming LTD is illegal, unethical and hurts the pilot group at large, but I believe it's so rare as to be insignificant and every pilot I've known who used LTD was doing everything possible to get their certificate back. Meanwhile, because they have the influence to change the rules midgame, deals adding millions in compensation at the top are legal. Forgive me if, while I disapprove I'm less than outraged about the possibility of someone scamming LTD.
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Originally Posted by mrmak2
(Post 1521688)
Is there a link somewhere to view the overall seniority list, including retirement dates?
On APC, go to "Airline Profiles," "Legacy," "United," and at the bottom of the page, it shows retirement numbers per year, through 2031. |
Originally Posted by UAL T38 Phlyer
(Post 1521736)
If you are a United pilot, you can go to the System Seniority list to see everyone.
On APC, go to "Airline Profiles," "Legacy," "United," and at the bottom of the page, it shows retirement numbers per year, through 2031. |
Originally Posted by mrmak2
(Post 1521801)
Thanks, I was looking for something on flying together that had more of a breakdown by BES rather than just a total on APC.
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Originally Posted by mrmak2
(Post 1521801)
Thanks, I was looking for something on flying together that had more of a breakdown by BES rather than just a total on APC.
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Originally Posted by APC225
(Post 1521856)
There is also a document next to it that shows only pilots who changed positions on the bid (by seat) vs the entire seniority list. Easy to see where the movement is.
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