JetBlue Latest and Greatest
10-12-2017, 09:17 AM
#4401
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,918
Do you really believe any pilot group is going to be released during an extremely anti-labor NMB? Trump’s additions are very much more anti-labor than what Bush had. Extremely slight chance of a release but I’m sure a PEB will end any strike immediately. Contracts will need to be secured through public pressure, shaming or market forces. Can’t count on the RLA’s normal progression for some time. Any actions like what Spirit did will be levied long periods of being put “on ice.”
10-12-2017, 05:33 PM
#4402
Gets Weekends Off
Joined APC: May 2009
Position: Square root of the variance and average of the variation
Posts: 1,602
Quick insurance question on short term disability. First, I find it obscenely expensive compared to other third party disability insurance;however, when I talked to a broker they said pilots are ineligible outside of an employer plan. That being said, what amount does it pay out, when does it kick in, and do you later get a 1099 for taxes? Anyone experienced it first hand?
10-12-2017, 06:12 PM
#4403
Gets Weekends Off
Joined APC: Jun 2016
Posts: 243
JetBlue Latest and Greatest
Quick insurance question on short term disability. First, I find it obscenely expensive compared to other third party disability insurance;however, when I talked to a broker they said pilots are ineligible outside of an employer plan. That being said, what amount does it pay out, when does it kick in, and do you later get a 1099 for taxes? Anyone experienced it first hand?
Last edited by captsurf; 10-12-2017 at 06:26 PM.
10-13-2017, 05:01 AM
#4404
Gets Weekends Off
Joined APC: May 2009
Position: Square root of the variance and average of the variation
Posts: 1,602
I believe it pays out 60% (40%for the low plan) of your average monthly gross earnings from previous 2 or 6 months (whichever is greater). $1500-$3000 max per-week depending on the plan. It kicks in after 7 days for up to 26 weeks. Premiums are deducted post-tax so a 1099/income tax is not required on your benefits (I think)
10-13-2017, 05:42 AM
#4405
Banned
Joined APC: Apr 2011
Posts: 1,473
Tax the earnings? What earnings? But it might sound expensive but if push comes to shove you better hope you have it.
10-13-2017, 07:58 AM
#4407
Gets Weekends Off
Joined APC: Dec 2008
Position: Left,Right, Left, Right,Right,Left, Right, Left
Posts: 3,150
10-13-2017, 08:48 AM
#4408
Gets Weekends Off
Joined APC: Jun 2016
Posts: 243
JetBlue Latest and Greatest
If I recall correctly, the way it was explained to me, they deduct the principal out of your POST tax paycheck. However your benefits are 60% of your PRE tax paycheck. So you're paying taxes up front I think.
60% of a pre-tax paycheck is almost the same as 100% of a post tax paycheck these days...
Sent from my iPhone using Tapatalk
10-13-2017, 09:21 AM
#4409
Banned
Joined APC: Apr 2011
Posts: 1,473
If I recall correctly, the way it was explained to me, they deduct the principal out of your POST tax paycheck. However your benefits are 60% of your PRE tax paycheck. So you're paying taxes up front I think.
60% of a pre-tax paycheck is almost the same as 100% of a post tax paycheck these days...
Sent from my iPhone using Tapatalk
60% of a pre-tax paycheck is almost the same as 100% of a post tax paycheck these days...
Sent from my iPhone using Tapatalk
10-13-2017, 02:34 PM
#4410
Gets Weekends Off
Joined APC: Jan 2015
Posts: 504
Quick insurance question on short term disability. First, I find it obscenely expensive compared to other third party disability insurance;however, when I talked to a broker they said pilots are ineligible outside of an employer plan. That being said, what amount does it pay out, when does it kick in, and do you later get a 1099 for taxes? Anyone experienced it first hand?
Thread
Thread Starter
Forum
Replies
Last Post
