Two New TA's Reached
#41
Gets Weekends Off
Joined APC: May 2009
Posts: 1,860
#43
On Reserve
Joined APC: Dec 2016
Posts: 15
I emailed my reps over the weekend to advocate for a DAL style agreement with a wider age range vs a hard cap like 62. I told them I'm 61 in Sept and ready to walk. I was told that unfortunately I will be "too young" to participate. So I would expect 62.
I'm a 97 hire and just over 5000 seniority FWIW.
I'm a 97 hire and just over 5000 seniority FWIW.
#44
Gets Weekends Off
Joined APC: Mar 2006
Position: SFO Guppy CA
Posts: 1,112
One of my friends from DAL sent me their FAQ regarding their early out program. In that FAQ it mentioned that there is no bankruptcy protection, but the trustee cannot single out a particular segment (i.e. retirees). FWIW
#45
Gets Weekends Off
Joined APC: Mar 2006
Position: SFO Guppy CA
Posts: 1,112
#48
Gets Weekends Off
Joined APC: Apr 2015
Posts: 491
There is no BK protection at Delta because theirs is self-funded. I’m guessing if we get one that is exclusive of BK, that the cash will be placed in trust (ie spent). How you’d know we did this is if we report a special expense on our earnings this quarter for early retirements. That means we spent the money and its gone, so it can’t be undone in BK.
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