Any "Latest & Greatest" about Delta?
01-09-2011, 03:45 PM
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Bwahahaha! Vick just threw an interception. Game over!
01-09-2011, 03:51 PM
Gets Weekends Off
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Hey Buzz. 
01-09-2011, 03:57 PM
veut gagner à la loterie
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This aint good for me I fear. text me updates!!! Bet Auburn is in the dark tomorrow night, they already cxld their come watch the game at the basketball arena.
How miserable would an Auburn guy be with a D period tomorrow night???
01-09-2011, 04:02 PM
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Joined APC: Apr 2007
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I might have to make that hour drive to come join you, I bet my power will go out! Wish I didnt live on a hill too as my neighbor might find me and my truck grinding up her yard or removjng that 100' tree of hers.
Bet Auburn is in the dark tomorrow night, they already cxld their come watch the game at the basketball arena.
How miserable would an Auburn guy be with a D period tomorrow night???
Bet Auburn is in the dark tomorrow night, they already cxld their come watch the game at the basketball arena.
How miserable would an Auburn guy be with a D period tomorrow night???
01-09-2011, 04:05 PM
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Fair points. Was just telling Bill it's linked to all of us, and not just his greedy SPWB all about me pilot.
Even without guarantees of them leaving we do all plan to retire some day and hope to be able to afford it. NWA paid medical at ~ active rates until 65. DAL costs ~$800/month single, $1600/month married. May as well look at that as a net reduction in your retirement income on top of no pension.
Easiest way to guarantee they leave is to tie it to a PERP. The cost? Don't know, but I guarantee it will be more important to you 10 years from now than it is now.
Even without guarantees of them leaving we do all plan to retire some day and hope to be able to afford it. NWA paid medical at ~ active rates until 65. DAL costs ~$800/month single, $1600/month married. May as well look at that as a net reduction in your retirement income on top of no pension.
Easiest way to guarantee they leave is to tie it to a PERP. The cost? Don't know, but I guarantee it will be more important to you 10 years from now than it is now.
We had a PERP at DAL before. It was to get rid of the pre 72 guys if memory serves correctly. The only thing I DO remember about it is that they got the money, and were allowed to hang around until their replacements were trained.. care to guess how long that took??
01-09-2011, 04:06 PM
No longer cares
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01-09-2011, 04:20 PM
Gets Weekends Off
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T, I remember when that happened at DL...why did flight ops management allow it to happen? (the guys coming back to fly?) Unfortunately the lump sum was allowed in the contract.
01-09-2011, 04:39 PM
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Joined APC: Apr 2005
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Isn't there a federal tax credit to cover 80% of that cost, for airline employees that have had their pensions taken over by the PBGC? That's what I was told by a recent retiree.
01-09-2011, 04:39 PM
Banned
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At the time Delta pilots only had to give 24 hours notice to retire. That left Delta with no idea how to staff a fleet if the whole lot of 777 Captains left at once with their lump sums. I didn't agree with the PERP program, but I understood why it was there. It's hard to replace checkairman etc when they can give only 24 hours notice to leave.
01-09-2011, 04:46 PM
Inventory survival kit ..
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Standard question though: What are you willing to pay to (theoretically) get those guys to pull the handles? And.... and this is a really big aaaaaand.... what guarantee do we have that if we get them some kind of medical bridge that they actually WILL pull the handles... Answer: none. There is no guarantee, so I for one don't want to spend squat to get them a better deal.
Write the language as follows:
If you retire the day of your 60th birthday, your retiree medical will be (insert favorable number here). If you retire after this date the standard premium applies. Add grandfather clause and deadline for those already over 60 on the day the LOA is signed. Add language as desired for those retiring prior to 60th birthday.
You will probably get an age discrimination lawsuit because there are always pilots looking to sue someone.
My $.02
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