Early Outs
#21
Gets Weekends Off
Joined APC: Nov 2010
Position: 737 Cap
Posts: 451
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.
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
#22
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.
#23
Gets Weekends Off
Joined APC: Mar 2008
Posts: 1,083
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.
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.
#25
Line Holder
Joined APC: Jun 2012
Posts: 56
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.
#26
On APC, go to "Airline Profiles," "Legacy," "United," and at the bottom of the page, it shows retirement numbers per year, through 2031.
Last edited by UAL T38 Phlyer; 11-17-2013 at 06:27 AM.
#27
Gets Weekends Off
Joined APC: Dec 2007
Position: FO
Posts: 424
Thanks, I was looking for something on flying together that had more of a breakdown by BES rather than just a total on APC.
#28
#29
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.
#30
Gets Weekends Off
Thread Starter
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
Yes, and this is what we always have known as an award. Never had that big ol' cumbersome whole seniority list thing. WOW. That is like trying to read War and Peace.
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