Month: February 2015

Letter to ATD on 401(k) Matching contributions and Grievance Awards

Dear Brother Doyle: Per our email discussions about awarded grievances being paid after September 2012 but not being matched to the members 401(k) contributions. The Local 514 Executive Board and I are all in agreement that an International Grievance should be filed on behalf of all TWU members if this is determined to be a system…

TWU Concludes Annual Int’l Executive Council & Int’l Executive Board Meeting in New Orleans, LA

The TWU International concluded its annual meeting of the International Executive Council and International Executive Board last week. This critical meeting brings together the TWU International Administrative Council, our union’s Executive Council Vice Presidents, the Executive Council and Board, and our International staff for a wide-ranging discussion of all areas of TWU business. In a…

UPDATE: 1099-B sent in the Mail…

After a short conversation with the Computershare people. I have found out that the 1099-B that was sent in the mail is for the shares that were sold to cover the Taxes of the award. Due to the fact that the shares were sold, Computershare is required by law to send the 1099-B. If you have…

Spending Accounts – Transaction Validation

As we close the first month with our new vendor, Aon Hewitt Your Spending Account (YSA), employees will begin to receive their first requests to validate spending account card transactions. When participants use their YSA Card, Aon Hewitt initially holds the transaction for 30 days while they attempt to automatically validate it with data we…

Equity and Taxes

   Anyone that sold equity shares of stock last year will need to include the 1099B when filing their 2014 income tax. These forms do not have to be mailed out until Feb, 16. They also will be available online at your 401K web site (retireonline.com), under AAL Common stock, then Correspondence. These are produced…

AA implements Freeze on transfers per article 12.1 effective today

Dear Dale, Recently discussions have been held between the Company and Local 514 regarding changes to workload at the Tulsa Base. More specifically the decrease in volumes in PALM and the subsequent increase in aircraft check volumes and unscheduled aircraft support in AO&M as well as increased volumes in CRO will require the adjustment of a substantial number…