SLB Clarification

Reply Subscribe

Page 2 of 2

Thread Tools

Search this Thread

09-28-2015, 06:50 PM

#11

HIFLYR

Gets Weekends Off

Joined APC: Sep 2007

Position: 777 Captain in Training

Posts: 1,457

Quote:

Originally Posted by PolicyWonk

Can the Cliff notes be downloaded?

It would be interesting what behavior assumptions were made to plug into the computer.

And if increased or decreased disability usage figured into the calculation as a secondary consideration.

Section 28 Retirement (Pension Benefits)
•
DC 9% ($91.14M over 6 years)
o
1% @ DOS
o
1% @ DOS +4
o
High Watermarked
•
Retirement Notice Incentive: Cash chart ages 54
-*‐
65 Max benefit @ $40K
•
Company SLB of up to $110,000 at retirement.
Applies to all pilot

09-28-2015, 06:59 PM

#12

PolicyWonk

Gets Weekends Off

Thread Starter

Joined APC: Sep 2015

Posts: 110

Do you have a feel for what assumption was made about how many will fly more as a result of the change?

What percentage do they expect will fly less as a result of the change?

Simply curiosity.

09-28-2015, 07:25 PM

#13

Raptor

Gets Weekends Off

Joined APC: Aug 2012

Posts: 711

Quote:

Originally Posted by PolicyWonk

Do you have a feel for what assumption was made about how many will fly more as a result of the change?

What percentage do they expect will fly less as a result of the change?

Simply curiosity.

Since average retirement age is 64.2, I don't think that will change much.

What we will see is some near retirement pilots not dropping trips through sick and possibly picking up extra trips.

But, many A types are passive aggressive too. So, we will probably see an uptick of people who don't have full DSA banks making sure they now leave with absolutely zero as a way of thanking the company for putting the Die Trying provision in the contract.

09-28-2015, 07:38 PM

#14

busdriver12

Gets Weekends Off

Joined APC: Nov 2013

Posts: 2,756

Quote:

Originally Posted by Raptor

But, many A types are passive aggressive too. So, we will probably see an uptick of people who don't have full DSA banks making sure they now leave with absolutely zero as a way of thanking the company for putting the Die Trying provision in the contract.

I like that, the "Die Trying" provision. Good name for it. Kind of sad, though.