Q: What is the calculation for converting TFP to block-hours? When does VX convert to TFP?
A: In order to convert TFP pay rates to Block hour pay rates, you multiply the TFP base rate by 1.13. [TFP pay rate in $/TFP x 1.13 = Block-hour pay rate in $/block-hour]
If the TA is ratified, the pmVX FAs will be paid at the new JCBA 2018-2021 rates found in Section 21 Compensation (converted to block hours). The pay rates will be effective at DOR (Date of Ratification) and paid retroactively back to January 1, 2018. These new rates will also be effective for all rate-based incentives and premium pay.
Example: Year 6 TFP pay rate at DOR is $35.40 per TFP. A pmVX FA will be paid $35.40/TFP x 1.13 = 40.00/block-hour. This will be effective DOR and paid retroactively to 1/1/2018.
To calculate retroactive pay, you will receive the difference between your current block-hour pay rate and your new block-hour equivalent Alaska JCBA rate (TFP converted to block-hours).
Example: Using our example above, a Year 6 pmVX FA is currently being paid $33.86 per block hour. Their new rate would be $40.00 per block hour. For all block hours paid from 1/1/2018 to DOR, you would receive the difference of $6.14 for each block-hour as a lump sum retro payment.
$40.00 – $33.86 = $6.14 per block hour
Again these new rates are effective for all rate-based incentives and premium pays. At full implementation, which is currently estimated for March 2019, pmVX Flight Attendants will begin to be paid in TFP (instead of the block-hour equivalent).
Crstina says
Will this apply to pmVX FAs currently holding the VX Lead position?
Jamie Cogen (Joint Negotiating Committee Member/VX Local Council Secretary) says
All Flight Attendants (pmVX & pmAS) will receive pay increases and work under the same pay scale at date of ratification. (Note: until full integration pmVX Flight Attendants will be paid in Block Hour. pmAS Flight Attendants will continue to be paid in TFP) Please see these blog posts for further clarification ITL Pay [VX] and ITL “Pay Cut” [VX]