CAL Reduction Bid
05-09-2008, 10:19 AM
#23
Line Holder
Joined APC: Apr 2008
Posts: 82
We have a furlough protection clause with mergers for one year. Of course it's amendable after 60 days. And you thought two years was short.
05-09-2008, 01:27 PM
#24
Ben Salley
Thread Starter
Joined APC: Feb 2006
Position: Left
Posts: 924
From where? I don't doubt you, but had some of that "no furlough" protection @ USAir. With no-furlough protection and a dollar, you can get a bottle of water. I hope you're right.
05-20-2008, 06:22 PM
#28
Gets Weekends Off
Joined APC: Apr 2007
Posts: 880
I heard the same thing, however, I don't think retirements will cover the 200 surplus that PBS says that we will have in the Fall. COLAs should help but if oil doesn't drop by the summer's end, there will be more than 200 pilot spots needing to be cut.
05-21-2008, 03:10 AM
#29
Gets Weekends Off
Joined APC: Jul 2006
Position: Left Seat, Toyota Tacoma
Posts: 593
[QUOTE=beeker;387532]For someone in the bottom 200 would it be better to take a COLA, still keep longevity going and find another $30,000/yr job or wait for a maybe furlough? Out on a COLA longevity continues to accrue and on a furlough it doesn't, is that correct?[/QUOT
COLAs go out by a bid, and unfortunately, if you're in the furlough window, you can't bid for it. i.e., if they need to reduce by 200 pilots, they'll offer 200 COLAs, but the bottom 200 pilots won't be eligible to bid for the COLA.
Yes, longevity continues to accrue on a COLA.
FYI, I'm about 15 people from the bottom of the senority list. See you in the unemployment line.
Riddler
COLAs go out by a bid, and unfortunately, if you're in the furlough window, you can't bid for it. i.e., if they need to reduce by 200 pilots, they'll offer 200 COLAs, but the bottom 200 pilots won't be eligible to bid for the COLA.
Yes, longevity continues to accrue on a COLA.
FYI, I'm about 15 people from the bottom of the senority list. See you in the unemployment line.
Riddler
05-21-2008, 03:54 AM
#30
HOSED BY PBS AGAIN
Joined APC: Mar 2005
Posts: 1,713
I recently had an IAH 737 captain on my jumpseat to LAX. He said he's turning 60 in AUG and bailing in NOV, as are approximately 200 other CA's at CAL. Said the way they are going to figure retirement money based on the new system Bush signed in to law would cost them approximately $50,000 a year in "free" work to the company. He said he'd rather retire than work for free, as would the other pilots planning to retire. This would certainly be good news for those on the bottom of the list. Just hope it's true. 
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