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Bonus payback ?

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Old 02-11-2023, 11:55 AM
  #11  
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Take a look at 14 CFR 121.436 which spells out the requirements for upgrading under Part 121. That is the time they want to see to get the bonus.

https://www.law.cornell.edu/cfr/text/14/121.436
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Old 02-14-2023, 07:26 AM
  #12  
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I plan on moving on to a major as soon as I can. I meet requirements at everyone ive applied to. If I leave just after a year of service is the original 10K from completion of IOE owed back? I know the 5K for one year of service is going to be owed back. Thanks.
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Old 02-21-2023, 07:35 AM
  #13  
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Originally Posted by POSITIVERATE24
I plan on moving on to a major as soon as I can. I meet requirements at everyone ive applied to. If I leave just after a year of service is the original 10K from completion of IOE owed back? I know the 5K for one year of service is going to be owed back. Thanks.
I don’t know what contract you signed but mine was the inverse of the above. You had to pay back the prorated amount of the 10k and there was no strings attached to the 1st year 5k bonus.
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Old 02-24-2023, 05:58 PM
  #14  
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What about the 100k bonus if you have previous 121 time? Does that have to be paid back if one leaves after a week of GS? (Daddy needs a new plane)
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Old 02-24-2023, 08:45 PM
  #15  
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Originally Posted by worstpilotever
What about the 100k bonus if you have previous 121 time? Does that have to be paid back if one leaves after a week of GS? (Daddy needs a new plane)
The bonus must be paid back if you leave within 24 months. Rumor is the latest version is prorated if you leave 13-24 months after completing IOE.
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Old 02-24-2023, 09:15 PM
  #16  
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Originally Posted by Ravenwing
The bonus must be paid back if you leave within 24 months. Rumor is the latest version is prorated if you leave 13-24 months after completing IOE.
well that sucks.
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Old 01-18-2024, 06:45 AM
  #17  
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My NHB signed in early 2022 was not pro-rated.

I am in the process of figuring out a payment plan with them.

The requested amount is NET bonus less taxes.
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Old 01-21-2024, 10:44 AM
  #18  
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Originally Posted by BStill
All of my part 121 experience was on the 727 panel. Would they count that for the bonus?
A Big NO !!
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Old 01-21-2024, 10:45 AM
  #19  
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Originally Posted by Ravenwing
The bonus must be paid back if you leave within 24 months. Rumor is the latest version is prorated if you leave 13-24 months after completing IOE.
You are correct !
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Old 05-14-2024, 05:31 AM
  #20  
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From my experience, I received an automated past due notice about 3 months after I left. I followed up with accounts receivables and waited another 3 months while they confirmed the amount. Once it was confirmed, I wrote a check for the amount less what was withheld in taxes. They're estimating 8 weeks on a corrected W2. That's been with follow-up emails and check ins every 1-2 weeks.

I would hold the money in high-interest savings, and if you do leave, reach out sooner rather than later to start the process. envoy.receivables at aa.com
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