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Warrior

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Posts posted by Warrior

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted

    Anyone know offhand if the senior rater is technically required to write the rrf? As in, I'm trying to vsp; I know damn good and well it won't get approved, so then I want to get RIFd. In such a scenario, I have zero incentive/motivation to write my own rrf.

    Any tips on what/how to write it - the only caveat being that I need to get it through the Sq/Gp and Wg without having it sent back so I can do it again.

    Already been told "Please consider this a resubmission of my vsp application" is a nonstarter.

    • Upvote 1

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted

    "made it clear that money, not ADSC commitments, would be the driving factor for how many folks would be let go voluntarily."

    To be fair, not waiving the service commitments that are payback for > $1M in training IS a budget/money decision...

    Replacing pilots takes a lot more time, $$$, and wear and tear on aging resources than it does to train most other (dare I say ALL) soldiers in the military.

    I thought the point of this is that they don't want to replace us-at least not at a one for one rate.

    And for this "return on investment"....as has been pointed out before, if I got to keep flying Id be much happier with staying in. I don't want to go to staff, I don't want to be an exec, I don't want to go to school. And I don't want to go on a 365.

    Now, before y'all think this is just a bunch of whining-I'm not saying I won't do whatever the AF tells me to, I'm just pointing out the idiocy of claiming "return on investment" when that means rated dudes get forced into non-flying assignments.

    • Upvote 2

    Turning down an assignment but still have commitment

    in General Discussion

    Posted

    Does time on station come into play for 365s? One possible scenario for me is I could hit 4 years time on station when my ADSC 2 year PCS window starts. If I don't PCS before that and then turn one down after that and am told to stay put, does 5 and 6 year time on station send you to the top of the bad boy list or is that just a myth?

    IIRC, there is a minimum TOS, but being around longer doesn't directly moe you up the list. It's all about your short tour return date.

    I say it doesn't directly move you up the list, but if he guy ahead of you only has 1 week TOS, pretty sure it's coming your way. Make sense?

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted

    All true statements, but to be eligible for PC, you have to be 2/3 of the way through your "initial total ADSC" - I assume that means UPT ADSC.

    Sample timeline:

    Graduate May 2007

    UPT start October 2007, graduate Nov 2008

    In Nov 2014 they will still owe 4 years (not quite to 2/3rds yet).

    And that's an aggressive timeline from commissioning to completing UPT right?

    So I'm guessing that some 06 guys will be eligible for Palace Chase this year, some will not and most of the 07-08 crowd will not be.

    Whoops-747 Dreamlifter lands at Jabara KS

    in General Discussion

    Posted

    I work in a city with an AFB at the opposite side of the city, a nice long SAC runway even. All summer long, with good weather when most inbound aircraft are on a visual approach, aircraft call the first field they see in sight and it's pretty commonly the wrong one - I'd say at least once or twice a week there's somebody going to the wrong field and I have to break them off, climb back above the MVA and turn towards the right airport.

    That's pretty f-ing scary. And also why "cleared for the visual" is not my favorite phrase.

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted

    Judging by all the fielded calls we're handled these past two weeks asking about Reserve employment, I'm convinced you ######ers are gonna crash MyPers when that window opens up. Gonna make the healtcare.gov website look like Fiber Optic Broadband by comparison. Welcome back to 1992 everybody.

    I'm just waiting for them to decide 11Ms really aren't eligible...

    Investment showdown -- beyond the Roth, SDP, & TSP

    in Squadron Bar

    Posted

    Why not have a Roth IRA? Xaaraman why do you recommend doing a TSP on your on, I've heard that the fees were really low? If you don't know much about investing couldn't you loose money? And do you recommend target retirement fund over TSP?

    I'm not sure you understand the questions you're asking.

    1: Roth IRA is great if you think taxes will rise in the future (you pay taxes on the money now at whatever your income tax bracket rate is, then you withdraw principal and earnings tax free later)

    2: you can't do TSP on your own. think of TSP like vanguard or usaa. The TSP has a handful of funds where you can park money. The fees associated with TSP funds are very low, but vanguard is also good. Here's the thing though-TSP is similar to a 401(k). You can put $17,500 in TSP (unless you're deployed, in which case the limit is higher). Money you put in traditional TSP is pre tax money (you don't pay taxes on it this year. But you pay taxes on the principal and earnings when you withdraw it at whatever rate applies to your tax bracket then). The Roth TSP is pretty new. It's the same TSP and the same funds are available, the only difference between Roth a d traditional tsp is when you pay taxes.

    A Roth IRA is an entirely different animal, the limit is $5,500 for 2014. The only similarity to Roth tsp is the tax treatment-again, pay taxes this year, never pay taxes on the earnings. You can have a Roth IRA with vanguard, usaa, fidelity, etc. A Roth IRA is a type of account. Within that account you can own an S&P index fund, individual stocks, bonds, whatever is available from the bank yu open the account with.

    3: Even if you know a ton about investing, you can lose money. I'll bet warren buffet lost a shit ton of money in 2007-8. And he knows more about it than we do.

    4. Think of TSP Like vanguard. They both offer different funds you can buy. They both offer target retirement funds. So no one is recommending a target retirement fund over TSP-they're not mutually exclusive.

    Make sense? Hopefully this helps some....

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted

    <br />Well then all the rated guys in those year groups are safe if you use the Voluntary Matrix.

    <br /><br />I'm no A1 type. I'm a knuckle dragging herk driver, but I think you've gotten bad advice. <br /><br />The matrix doesn't have squat to do the involuntary program (FSB) that your year group is eligible for. (But that's just my interpretation)

    FY 14 Force Management Program (RIF, VSP, TERA)

    in General Discussion

    Posted · Edited by Warrior

    The matrix that is up is for voluntary programs. FSB is not voluntary. So the same matrix still applies....If you're an 09-10-11 guy trying to figure out if you're meeting the board based on AFSC, as far as I can tell we're going to be writing a lot of RRFs because that's for all AFSCs. Edit for double triple post

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