Early Outs
07-17-2020, 05:34 AM
#201
Gets Weekends Off
Joined APC: Oct 2010
Posts: 2,639
Actually, there is protection built into it. The early out pilot is still on the seniority list until retirement and considered an employee. The downside is a pilot volunteering for the program can't take their lump sum until they actually retire.
07-17-2020, 05:47 AM
#202
Gets Weekends Off
Joined APC: Nov 2010
Posts: 269
The early out package is fine, but am I the only one who's worried about the furlough plus packages?
The ONLY thing that was keeping the company from knocking 6,000 off the list was Kirby's desire to "be in a position to bounce back quickly". Furlough (and recall) is intentionally built to be a painful process for the company.
Considering that we voted yes on the furlough fund so that furloughed pilots would be able to keep bennies, isn't this ONLY a win for the company? Now they can keep a large portion of pilots current for the cost of training instead of monthly guarantee PLUS the cost of training.
Is there any reason I shouldn't think this will lead to more furloughs, not fewer?
The ONLY thing that was keeping the company from knocking 6,000 off the list was Kirby's desire to "be in a position to bounce back quickly". Furlough (and recall) is intentionally built to be a painful process for the company.
Considering that we voted yes on the furlough fund so that furloughed pilots would be able to keep bennies, isn't this ONLY a win for the company? Now they can keep a large portion of pilots current for the cost of training instead of monthly guarantee PLUS the cost of training.
Is there any reason I shouldn't think this will lead to more furloughs, not fewer?
There are some smart things in here, but also I see a lot of really stupid stuff. Unless I’m reading it wrong, which is highly possible.
07-17-2020, 05:52 AM
#203
Gets Weekends Off
Joined APC: Feb 2006
Position: B737 CAPT IAH
Posts: 1,130
Leave Status versus Separation
Pilots awarded a P-VSL remain on a leave status until their 65th birthday. By keeping them as employees, pilots can continue to receive B/C contributions, which would not be allowed if they had separated. Pilots are permitted to separate sooner than age 65 if they choose but the monthly payments and active rate insurance would end at that time. A pilot may want to consider this approaching age 65 for access to their Continental Pilot Retirement Plan lump sum benefit.
Also, in the event of bankruptcy, because pilots in this program are UAL employees earning wages (even though they are no longer active pilots) and not just unsecured creditors, their benefits are protected as much as other contract benefits. Because early out programs that consider pilots separated at the start of the program fall into the latter category, and are more at risk in a bankruptcy, we intentionally designed this as a leave.
07-17-2020, 06:36 AM
#205
Gets Weekends Off
Joined APC: May 2019
Posts: 432
Had they had a 50 hour like like our peers I bet we’d have a lot more takers than partial month or empty line crap. For all the good that came for the early outs, empty lines and partial month COLA’s are weak attempts to save jobs. If we wanted to save jobs, a 50 hour month leave would have had a significant impact vs working half the month for less than 40 hours of credit.
07-17-2020, 06:42 AM
#206
Gets Weekends Off
Joined APC: Oct 2017
Position: 777 FO
Posts: 217
Sooooooooo don’t volunteer, and fly my full month is going to save jobs? What on earth kind of logic is that? Are you going to take a partial COLA or Empty line to save jobs?
Had they had a 50 hour like like our peers I bet we’d have a lot more takers than partial month or empty line crap. For all the good that came for the early outs, empty lines and partial month COLA’s are weak at best. If we wanted to save jobs, a 50 hour month leave would have had a significant impact vs working half the month for less than 40 hours of credit.
Had they had a 50 hour like like our peers I bet we’d have a lot more takers than partial month or empty line crap. For all the good that came for the early outs, empty lines and partial month COLA’s are weak at best. If we wanted to save jobs, a 50 hour month leave would have had a significant impact vs working half the month for less than 40 hours of credit.
07-17-2020, 06:46 AM
#207
Gets Weekends Off
Joined APC: May 2019
Posts: 432
07-17-2020, 06:47 AM
#208
Gets Weekends Off
Joined APC: Feb 2007
Position: EMB145
Posts: 772
07-17-2020, 06:54 AM
#209
Gets Weekends Off
Joined APC: Oct 2017
Position: 777 FO
Posts: 217
I'm too young for the early out, but I would take it in a second! The rest of the programs don't make any sense to me, but they may make sense for others and every job we save is a victory.
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