Alaska offerers 80K to retire is it enough?

[8v8ter]

VP of Flt ops new memo says they got 33 applications for the EO! Let's hope no more than 3 change their mind.

 

[sf340flyer]

I know of at least 2 people who have signed up, but are not taking the deal......

 

[ultrarunner]

Is it 80 grand net? Meaning the buyout has been 'grossed-up' since it's going to be taxed at a supplemental rate?

Or is it 80 grand GROSS and then you pay uncle sam?

 

[CesnaCaptn]

Is it 80 grand net? Meaning the buyout has been 'grossed-up' since it's going to be taxed at a supplemental rate?

Or is it 80 grand GROSS and then you pay uncle sam?

The company buys an annuity with the $80k. No taxes paid the way I understand it. Works out to about $500 per month for life depending on age.

 

[QCappy]

It is getting down to the wire eh? I'm starting to go through my old ski stuff to try and stay warm in the Artic. Is there a post from ANC guys on how to live up there in the winter?

Baja.

You don't live, you survive.

 

[av8instyle]

I know of at least 2 people who have signed up, but are not taking the deal......

...and I know one. Hopefully the same guy.

 

[8v8ter]

...and I know one. Hopefully the same guy.

Did they say why they applied if they already know they are not going to take it?

 

[Going2Baja]

Special MEC meeting called for tomorrow....Must have come to an agreement w/ CO re: reducing block hours. Sources say blocks down to 75 and an 80 cap. Couldn't get language for VSA - but things may have changed since yesterday. Let's hope so!!

Baja.

Update - As of 10:50a Sat the 25th: No reserves in Sea until 1500; 1 reserve in LAX @ noon and then 2 at 1700; Very few in ANC. CLASSIC!!

 

[Green Banana]

Must be short, I just got released for 8 hrs of rest so I can report later tonight and cover some SEA crew. Very short today.

Why do they have to have a mtg. to block to 75 with a 80 cap? The co. can do this themselves. They need no input from the union.

 

[Old School 737]

l like the new chief memo. We need help covering the flying this weekend and next so help us. Sign up for VSA. What a joke. Howbout we hire our guys back.