Medical Retirement?
09-21-2015, 10:38 AM
#11
Gets Weekends Off
Joined APC: Jun 2007
Position: 767/757 CA
Posts: 2,699
Max $8000 year... No taxes or insurance fees subtracted... I think it's good for 10 or 15 years...
09-21-2015, 12:57 PM
#13
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
Guys...Section 24-H of the UPA. work. work. work. Starts on page 294.
Basically 50% of income (1026 x hourly divided by 12) up to $8K per month. Max 96K per year. Tax free.
Considered disabled if you can't hold a medical
Benefits payable until mandatory retirement age (unless furloughed or terminated for cause)
Some offsets and waiting periods...
BTW, this is much better than before. I knew a guy that had FREAKING Leukemia and could not get squat from the old LTD (Lual). "ah...you'll be back". UB
Basically 50% of income (1026 x hourly divided by 12) up to $8K per month. Max 96K per year. Tax free.
Considered disabled if you can't hold a medical
Benefits payable until mandatory retirement age (unless furloughed or terminated for cause)
Some offsets and waiting periods...
BTW, this is much better than before. I knew a guy that had FREAKING Leukemia and could not get squat from the old LTD (Lual). "ah...you'll be back". UB
Last edited by jsled; 09-21-2015 at 01:34 PM.
09-21-2015, 03:55 PM
#14
Banned
Joined APC: Mar 2015
Posts: 846
Guys...Section 24-H of the UPA. work. work. work. Starts on page 294.
Basically 50% of income (1026 x hourly divided by 12) up to $8K per month. Max 96K per year. Tax free.
Considered disabled if you can't hold a medical
Benefits payable until mandatory retirement age (unless furloughed or terminated for cause)
Some offsets and waiting periods...
BTW, this is much better than before. I knew a guy that had FREAKING Leukemia and could not get squat from the old LTD (Lual). "ah...you'll be back". UB
Basically 50% of income (1026 x hourly divided by 12) up to $8K per month. Max 96K per year. Tax free.
Considered disabled if you can't hold a medical
Benefits payable until mandatory retirement age (unless furloughed or terminated for cause)
Some offsets and waiting periods...
BTW, this is much better than before. I knew a guy that had FREAKING Leukemia and could not get squat from the old LTD (Lual). "ah...you'll be back". UB
Agree - if not mistaken you can use regular SL balance while waiting for LTD to kick in and don't have to drain the entire SL balance before the LTD kicks in. That would leave you some in the account when you come back. Or you could drain the SL balance for higher income for a while and defer LTD if you don't think you'll be coming back.
There are a lot of grey areas and options along the way when LTD is needed and may be worth R&I putting together a presentation. I've heard that no one from the company or ALPA gets involved until you ask and it is a good idea to have an advocate helping the wife to get some of the things done in severe cases.
09-21-2015, 04:12 PM
#15
Gets Weekends Off
Joined APC: Sep 2010
Position: EWR 777 Captain
Posts: 1,715
Tragic, simply tragic.
I'm not one for conspiracy theories, but has anyone ever looked at the various base lists and seen how many pilots are LTD?
I smell a RAT.
I should note that the Long Island Railroad found that 100% of their retirees were getting an extra disability payment all because of one doctor that was signing the papers.
Personally, I know of only one individual. He claimed he couldn't fly at altitude because he was experiencing pain in his ear that caused disorientation. He's out on LTD. Was he telling the truth?
Me . . . I'm old and cynical . . . I don't believe him for a second . . . but then he was hired in '85 . . .
I'm not one for conspiracy theories, but has anyone ever looked at the various base lists and seen how many pilots are LTD?
I smell a RAT.
I should note that the Long Island Railroad found that 100% of their retirees were getting an extra disability payment all because of one doctor that was signing the papers.
Personally, I know of only one individual. He claimed he couldn't fly at altitude because he was experiencing pain in his ear that caused disorientation. He's out on LTD. Was he telling the truth?
Me . . . I'm old and cynical . . . I don't believe him for a second . . . but then he was hired in '85 . . .
09-21-2015, 05:22 PM
#16
Line Holder
Joined APC: Apr 2013
Posts: 65
The monthly SSC report shows the number of pilots out on LTD. The August report shows 446 on LTD. There are also another 45 out on unpaid leave-sick and medical leave-unpaid. (Total pilots 11,745).
09-21-2015, 06:33 PM
#17
Banned
Joined APC: Mar 2015
Posts: 846
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