191 Early Out retirement takers at DL

[Flopgut]

How much money did the early out include?

 

[General Lee]

How much money did the early out include?

Their pensions plus a medical insurance stipend to bridge them to Medicare I believe. That was the difference, this time there was a medical insurance add on. A lot of the senior guys don't want to pay for the high cost of cobra insurance for themselves and their spouses prior to reaching Medicare age. Obviously this group that elected to take the package mainly consisted of FNWA pilots with pensions.



Bye Bye---General Lee

 

[Flopgut]

K. Thanks. I hope the UAL TA has some money for early outs. We'll see.

 

[Diesel-9]

Most of the guys that went were in the 59-60 age group. Got better part of severance and medical payouts. Think I've heard there are 150+ in their last 2 years that also will be gone soon. They would have got little severance/medical. And with a net 12.5% pay increase in Jan. '13 why leave? Depending on upcoming events in the coming weeks, pilot apps may open on 1 OCT with interviews in JAN '13. But the next industry "Big Bang" may change all that which would offset the retirement/pilot shortages that are projected here at Monroe's Starship!

 

[The Victors]

I wish Swa mgmt would find their brains and do this. It would change everything and probably save them millions.

 

[Diesel-9]

---"How much money did the early out include?"---
I think guys in their later 50's would get about $100,000 severance and $100,000 in the medical account. Think the numbers were reduced with less time between your age and 65 but don't remember the details of the computations.

 

[Whataburger]

It's So AWESOME at Delta that pilots are tripping all over themselves to get out!!

 

[redflyer65]

It's So AWESOME at Delta that pilots are tripping all over themselves to get out!!

And that Delta guys on here are ripping on the General!

LUV it.

 

[tomgoodman]

It's So AWESOME at Delta that pilots are tripping all over themselves to get out!!

That is not allowed to happen. Junior guys escort them to the personnel office, stop traffic so they can safely cross the street, make sure they do not trip (possibly injuring their hand), and give them a pen.

 

[General Lee]

And that Delta guys on here are ripping on the General!

LUV it.

How are they ripping on me? I'm right. I could easily rip on you by pointing out your huge stagnation and poor treatment of the AirTran guys that could affect your great culture, but I won't. Have fun in MAF!


Bye Bye---General Lee