Eligible team members may apply for a special voluntary early-out program that provides the following benefits:
Pay: Approximately 50% of team members’ regular work schedule at pay rates based on seniority (or 50% of their salary for leadership and support staff), not including premium pay, overtime, shift differentials, etc., paid over a 12-month period on the team member’s normal pay schedule:
Flight Attendants: 50% of Guarantee (38 hours)
Dispatchers: 50% of minimum monthly salary
Flight Crew Training Instructors: 50% of standard monthly schedule requirement
All other represented team members: 20 hours of pay per week for full-time and 10 hours of pay per week for part-time
Leadership/Support Staff: 50% of salary
Medical: Team members will receive medical coverage at active rates for 30 months.
For the first 12 months, team members will continue to have the active health benefits coverage they enjoy today.
Upon separation from the company, medical, dental and vision coverage will continue at the same rates team members pay today and with the same coverage but administered through COBRA for 18 months. You’ll simply pay for your coverage through the Benefits Service Center. For team members eligible for Medicare, the COBRA coverage would run secondary to Medicare.
Travel: Team members will enjoy the same active travel privileges for one year.
If at the time of separation 12 months from the start of the early-out program, the team member qualifies for the 65-point plan (at least 10 years of active service, and age + years of service = at least 65), they will be eligible for retiree non-revenue travel privileges per the company’s policy.