The Spirit of Freedom
10-13-2021, 09:02 AM
#22
New Hire
Joined APC: Feb 2018
Posts: 7
i would 100% not be looking at the company as that would just be “part of life.” I made the choice to not protect myself in that instance. That same option won’t be available to us in the near future it seems. I think ahead, I like to be prepared if that’s possible in this case.
10-13-2021, 02:59 PM
#23
Gets Weekends Off
Joined APC: Jan 2009
Posts: 1,269
The Spirit of Freedom
i would 100% not be looking at the company as that would just be “part of life.” I made the choice to not protect myself in that instance. That same option won’t be available to us in the near future it seems. I think ahead, I like to be prepared if that’s possible in this case.
We have loss of medical and LTD insurance for a reason. It isn’t the company you’re “asking”.
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10-13-2021, 10:37 PM
#24
Gets Weekends Off
Joined APC: Jul 2021
Posts: 1,035
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
10-14-2021, 04:17 AM
#25
Gets Weekends Off
Joined APC: Jan 2009
Posts: 1,269
You lose any future retirement contributions which if you’re young is huge. You also take a 40% paycut with no opportunity to make outside money. If you took EIL last year and end up on LTD this year your forever benefit is based off that 2020 W2 so you get double F’d. Oh and you lose your health insurance after five years.
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
I’m not saying it would be a good position to find yourself in. Just saying that if you lose your medical from long term complications of the Covid virus or the Covid vaccine or by getting hit by a bus there are options and you’re not thrown out on the street.
It would be nice if the company took on some of the liability if they do force this on us eventually. I also agree that we should try and negotiate a DC while on LTD during our upcoming negotiations.
10-14-2021, 05:13 AM
#26
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,361
You lose any future retirement contributions which if you’re young is huge. You also take a 40% paycut with no opportunity to make outside money. If you took EIL last year and end up on LTD this year your forever benefit is based off that 2020 W2 so you get double F’d. Oh and you lose your health insurance after five years.
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
10-14-2021, 06:10 AM
#27
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
You work at Starbucks, the LTD is offset.
But to the other point, it isn’t really a 40% pay cut, as someone else mentioned. The portion you pay for a buy up is not taxed since it’s funded with after tax money. So if you qualify for an $8k buy up over the $5k standard, the $5k will be taxed and the $8k will essentially be tax free. (There is a small variation due to the fact the premiums for the buy up for the company increase annually which changes the buy up tax status a few bucks, but minor)
We made huge gains in the LTD section this contract and it should be something we continue to work on this contract
Healthcare for LTD over 5 years
DC for LTD on LTD
No Offset of benefits for outside non flying jobs
10-14-2021, 06:31 AM
#28
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,361
We have Own Occupation LTD, which means it applies to our specific occupation. There's a list of offsets, like worker's comp and other disability insurance, but I'm pretty sure outside income will not offset it, as long as it is a different occupation. Shoot a DART through the ALPA app to get clarification. I could be wrong, so verify it.
10-14-2021, 07:02 AM
#29
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
We have Own Occupation LTD, which means it applies to our specific occupation. There's a list of offsets, like worker's comp and other disability insurance, but I'm pretty sure outside income will not offset it, as long as it is a different occupation. Shoot a DART through the ALPA app to get clarification. I could be wrong, so verify it.
10-14-2021, 09:33 AM
#30
It's 5 o'clock somewhere
Joined APC: Oct 2020
Posts: 2,224
The companies WANT their employees to be vaccinated, they are perfectly happy to have the fed play bad cop on this. Saves liability, cost, and operational disruption (if you have a covid exposure in an un-vaccinated work group, they all get two weeks off at company expense... even though most of them won't die).
For all we know the airlines *asked* the WH to do this... that's how we got the old age 60 limit.
For all we know the airlines *asked* the WH to do this... that's how we got the old age 60 limit.
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