Not sure what you are after, but maybe #CP DISC HOLD will help? To me, it is a lot like the "switch user" feature of some Unix/Linux X session managers and of Windows (XP) home edition.
If you're connected via VTAM, your "session" usually remains. If you're connected via TELNET, your "session" usually drops when you DISConnect or LOGOFF. But the HOLD option retains the connection. Very handy. Conceptually like a "switch user" function. I second Mike Walter's endorsement of SESSION. -- R;