GKinnear Posted March 31, 2015 Posted March 31, 2015 Word on the street is ACP will be released tomorrow. $25K/yr to 20 (9 years max) for all pilots.
Butters Posted March 31, 2015 Posted March 31, 2015 Word on the street is ACP will be released tomorrow. $25K/yr to 20 (9 years max) for all pilots. What street do you live on?
Bender Posted March 31, 2015 Posted March 31, 2015 What street do you live on? He's my neighbor...heard the same thing from my Boss Man today. Bendy
Chuck17 Posted March 31, 2015 Posted March 31, 2015 And you all wonder why there is a rift between those who fly and those who don't. Hmmmm.....Actually... We don't. Chuck 3
10percenttruth Posted March 31, 2015 Posted March 31, 2015 Email notification to eligibles went out today. Stby for PDSM with any actual details.
Learjetter Posted April 1, 2015 Posted April 1, 2015 Now's your chance, boys. If there's a zero percent take rate, there will be positive changes....to ADSCs, to bonus rates, to RSAP, to assignment policies, to abominations like TAMI-21. Prove Chang wrong and don't take the bait. Vote with your brain. Your freedom to choose your fate is priceless. Don't sell it too cheaply. 1 1
SnapLock Posted April 1, 2015 Posted April 1, 2015 Now's your chance, boys. If there's a zero percent take rate, there will be positive changes....to ADSCs, to bonus rates, to RSAP, to assignment policies, to abominations like TAMI-21. Prove Chang wrong and don't take the bait. Vote with your brain. Your freedom to choose your fate is priceless. Don't sell it too cheaply. It's the devils money! It's a trap! 1 1
HeloDude Posted April 1, 2015 Posted April 1, 2015 Now's your chance, boys. If there's a zero percent take rate, there will be positive changes....to ADSCs, to bonus rates, to RSAP, to assignment policies, to abominations like TAMI-21. Prove Chang wrong and don't take the bait. Vote with your brain. Your freedom to choose your fate is priceless. Don't sell it too cheaply.
ARAMP1 Posted April 1, 2015 Posted April 1, 2015 Now's your chance, boys. If there's a zero percent take rate, there will be positive changes....to ADSCs, to bonus rates, to RSAP, to assignment policies, to abominations like TAMI-21. Prove Chang wrong and don't take the bait. Vote with your brain. Your freedom to choose your fate is priceless. Don't sell it too cheaply. My pilot training commitment ends in a couple months and I applied yesterday to serve out my commitment and separate later this year. The first email I get this morning is the "you're eligible for the bonus". LOL. 1
Homestar Posted April 1, 2015 Posted April 1, 2015 (edited) Word on the street is ACP will be released tomorrow. $25K/yr to 20 (9 years max) for all pilots. Hmm. So what happens to the guys who bit on the early eligible carrot last year...will they have the chance to go with the 9 year plan? edit to add: by the way, this rumor checks out with the official stuff I've seen. Edited April 1, 2015 by Homestar
ViperStud Posted April 1, 2015 Posted April 1, 2015 Hmm. So what happens to the guys who bit on the early eligible carrot last year...will they have the chance to go with the 9 year plan? edit to add: by the way, this rumor checks out with the official stuff I've seen. I would sure hope so. People here called me (and others) out for accusing leadership of a potential bait-and-switch last summer, although my guess was that dollar amounts (not duration of bonus) would go up. Considering the (lack of) transparency in AF leadership lately, nothing would surprise me. Good luck to those with the big decision to make.
Homestar Posted April 1, 2015 Posted April 1, 2015 PSDM is up on MyPers. According to the PSDM, all 11X FY14 takers (including early eligibles) can extend their contract to 20 years of aviation service (up to 9 years)... Odds that this is an AFPC April Fool's joke?
HeloDude Posted April 1, 2015 Posted April 1, 2015 According to the PSDM, all 11X FY14 takers (including early eligibles) can extend their contract to 20 years of aviation service (up to 9 years)... Odds that this is an AFPC April Fool's joke? I'll be honest...this one surprised me, big time. And it's rare these days when the AF surprises me in a good way. The manning must be even worse than the AF originally let on. Sucks that a lot of prior E's and late rated guys don't get the extra sweet moola from Uncle Rico.
backseatdriver Posted April 1, 2015 Posted April 1, 2015 Can someone post what 12X's are on the list? MyPers is not cooperating...
ThreeHoler Posted April 1, 2015 Posted April 1, 2015 According to the PSDM, all 11X FY14 takers (including early eligibles) can extend their contract to 20 years of aviation service (up to 9 years)... Odds that this is an AFPC April Fool's joke? Anything about any of the older FY groups (13, 12, 11) that still have time on their 5-year bonus? I'd take another $75K at this point if it was offered.
icohftb Posted April 1, 2015 Posted April 1, 2015 (edited) Anything about any of the older FY groups (13, 12, 11) that still have time on their 5-year bonus? I'd take another $75K at this point if it was offered. No but of note the uncommitted-eligibles (those who did not take the bonus) can get the $15k/year if they decide to change their minds (5yrs or the 20 YAS option). In my case it's not enough to do so... I'm gonna go out on a limb here and assume that the take rate from last year did not meet A1s goals... Edited April 1, 2015 by icohftb
ThreeHoler Posted April 2, 2015 Posted April 2, 2015 No but of note the uncommitted-eligibles (those who did not take the bonus) can get the $15k/year if they decide to change their minds (5yrs or the 20 YAS option). In my case it's not enough to do so... I'm gonna go out on a limb here and assume that the take rate from last year did not meet A1s goals... If someone was uncommitted eligible...they're likely to only get 8ish years of bonus which would put them at 120K vice the 125K for 5 years they turned down before. Not such a great deal. 1
pcola Posted April 2, 2015 Posted April 2, 2015 Personnel who will reach 15 years and 364 days TAFMS by 30 Sep 2015 (Initial-Eligible) or 30 Sep 2016 (Early-Eligible), RPA Pilot (18XX) aviators, IST aviators who have not completed their 4-year accessions ADSC, VRAD, or LPRP are not included in the FY2015 program Fuck You Air Force. If you are going to offer to pay me $25K/year less than my coworkers doing the same job with the same rank and experience, I'm going to do $25K/year less work. Sorry for those who have to pick up the slack... The Reserve option is looking better, even at 16 years TAFMS. 2
Lord Ratner Posted April 2, 2015 Posted April 2, 2015 (edited) Now's your chance, boys. If there's a zero percent take rate, there will be positive changes....to ADSCs, to bonus rates, to RSAP, to assignment policies, to abominations like TAMI-21. Prove Chang wrong and don't take the bait. Vote with your brain. Your freedom to choose your fate is priceless. Don't sell it too cheaply. "2" The new bonus options prove it works. I'm not so sure this will make a huge change to the take-rate. If, hypothetically, someone who wishes to continue serving is unwilling to sign a five year contract for $25k/year, it seems unlikely they would sign an even longer contract for the same annual incentive. For most pilots in the era of the 10 year UPT commitment, taking the bonus is a proxy decision for staying until retirement. There may be exceptions, but I think for the sake of argument we can say that if a pilot takes the (5 year) bonus, they are planning on retiring. UPT + ADSC = 11-12. + Bonus ADSC = 16-17. Maybe I'm isolated, but the only guys I've seen get out with more than 16 years in were forced or TERA'd. So a pilot who doesn't take the bonus either wants to continue flying for the Air Force but isn't planning to do so for five years, or would like to retire, however wants the option to change that plan should he get a terrible assignment or 365. Why would a pilot in either of those scenarios take a longer bonus? Especially when the value of the annual bonus as a percentage of total annual income decreases as that person makes rank? Retirement is a powerful incentive the closer you get to it. Put a pilot 3 to 4 years away from retiring and most, though admittedly not all, will stick it out to get in the paycheck-of-the-month club. This new bonus squanders that advantage, and may actually do more damage to retention since it doesn't address the reasons a pilot might not take the bonus. If Jane Pilot isn't willing to take a 5-year commitment, she's not thinking about retirement as an absolute, so a 9-year commitment would be even less appealing to her. And if she's smart, she would realize that a longer bonus should be accompanied by a HIGHER annual incentive. There's a reason CDs and auto loans have higher APRs for longer terms. Instead, the Air Force should just double the bonus. 5 years at $50k/year. First it's a good chunk of change, but even better, compared to the old bonus it seems even bigger. Second, it entices the people who were worried about a 5-year extended sentence in the AF without exacerbating their main cause for skipping the bonus. Third, you get those uncommitted pilots to that fabled "final PCS" before retirement, and even after the bonus dries up most will stick it out 3-4 more years for the pension. I get that a higher annual bonus may require congressional approval, or more work of some sort, but after talking to people about why they did or didn't take the bonus, I would submit that it would be better for the AF to change nothing rather than move to 9yrs@$25k. It's been argued here that the bonus only pays people who were staying in anyways. I don't think that's true, but I do think the number of people who were unwilling to commit to 5yrs@$25k but are willing to commit to 9yrs@$25k will justify the increased cost. If for every 1 pilot you convince you pay 10 already committed pilots an extra $100k, thats an effective change of $1 million per pilot; now you're getting into the numbers people throw around when they talk about what a new pilot costs. And yes, I'm estimating that at best this bonus will convince one uncommitted pilot to commit for every 10 that were going to take the old bonus anyways. We'll see next year when the numbers are out. Edited April 2, 2015 by Lord Ratner 1
pawnman Posted April 2, 2015 Posted April 2, 2015 Fuck You Air Force. If you are going to offer to pay me $25K/year less than my coworkers doing the same job with the same rank and experience, I'm going to do $25K/year less work. Sorry for those who have to pick up the slack... The Reserve option is looking better, even at 16 years TAFMS. I feel your pain. 12B. My squadron is 42% manned, my sister squadron is 70% manned, and the OSS is in low double digits for manning...yet AFPC RIFed 12Bs last year. No bonus for us either, because we don't have the "F" identifier.
ThreeHoler Posted April 2, 2015 Posted April 2, 2015 stuff So, you did see there was the option to take $25K/5 years or $25K/20 YAS, right?
Lord Ratner Posted April 2, 2015 Posted April 2, 2015 So, you did see there was the option to take $25K/5 years or $25K/20 YAS, right? Yes.
TnkrToad Posted April 22, 2015 Posted April 22, 2015 Just curious-- Now that this year's ACP bonus offering has been out for a while & folks are being forced to show their cards, anyone seen/heard any data on take rates thus far? From the anecdotal evidence on this forum (the silence is deafening), I'm guessing the take rate numbers are gonna be grim. I'd love to be wrong in my pessimism, however. I'm sure someone will chime in and tell me to wait 'til Final Jeopardy (late Sep) when the numbers can really change . . . but I imagine most of this year's bonus eligibles have a pretty good idea whether they're staying in or getting out. Is SUPT getting to be like it was in the late 90s, when the IPs spent more time talking about airline hiring than they did teaching students how to fly? For those making the decision, best wishes, regardless of what you choose. TT
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