Vacation Buy Back & 401(k) Deferral Payments - First Quarter of 2019
January 4, 2019
MEC Communications Committee
Flight Attendants who elected to participate in the Annual Vacation Buy Back option during the 2019 election window can expect the payout for the 2019 buy back hours in the first quarter of the affected year, typically in the month of February. This also applies for those vacation hours deferred to the 401(k).
As set forth in the language of Section 12.D. of our JCBA,Vacation Buy Backrequires the Company to offer an option for Flight Attendants to take pay in lieu of accrued vacation that would otherwise be used in the next Scheduled Vacation year.In this process, the Flight Attendant must opt to “sell”at leastsix (6) days of accrued vacation. Flight Attendants will be paid the value of the days sold back plus an incentive payment. This year, the incentive payment is a .5% (1/2 of 1%) premium.
Note:The Buy Back earnings are subject to all applicable income tax withholding.Additional information, including how to calculate the amount of vacation payment can be found on unitedafa.org.