A Summary Plan Description (SPD) is a summary of the benefits provided by one (1) or more plans. This summary must include all information required by ERISA, including a description of the benefits, eligibility requirements, funding arrangements, claims procedures, and participant rights under ERISA. You should refer to the SPD and Plan Document for questions…
50-55 Age Rule from Jetnet.aa.com
If you are at least 50 years of age, but not yet 55 years of age and have at least 15 years of company seniority at the time you separate from the Company, you can be deemed a retiree at the age of 55 if you meet retiree eligibility as defined in the retirement section…
Travel Privileges on 50-55 Rule
50-55 Age Rule As of March 26, 2003, if you are at least 50 years of age, but not yet 55 years of age and have 15 years of company seniority at the time you leave the Company, you will be eligible for retiree travel privileges at age 55. If you leave the Company before meeting…
Eligibility for Retirement Benefits
55 and over – if you voluntarily leave the Company or involuntarily leave the Company due to a Reduction in Force – 10 or more years of company seniority Eligible for retiree status Yes Eligible for retiree medical benefits Yes** Eligible for retiree life insurance coverage Yes Eligible for retire travel privileges Yes Eligible…
American Airlines M&E Restructuring Plans – September 7, 2012
HERE is a summary of American Airlines M&E Restructuring Plan. This comes from the TWU AA/AE Bankruptcy Information website..
Personal Vacation Days (PVD) Letter September 7, 2012
During the negotiations that led to the seven agreements between AA and TWU one of the common changes amongst all seven of the agreements was the discontinuation of Personal Vacation Days or PVDs. Attached is the Letter of Understanding pertaining to the PVD policy. Sep 7 2012 Weel to Gless – PVD in PDF
Running totals on “Early Out” participants as of September 7, 2012 (System Wide)
I will send the total early out numbers periodically – below is the total numbers for M&R and Stores as of this morning Friday September 7, 2012. Total: 633 Early Out – Protected: 594 Early Out – Not Protected: 39 Title I: 463 Early Out – Protected: 439 Early Out – Not Protected: 24 Title…
Texas Members and the Early Out Program
Below are the two most frequently asked questions that we sent to the Texas Workforce Commission along with their answers: 1. If one of our members takes the early out package, would they still be eligible for unemployment if they would have been laid off anyway? If the location is closing and all workers would…
Early Out Workshops
Attn: Local 514 members Thursday, September 13 …….. 7:45 AM 11:45 AM Tuesday, September 18 ………. 3:45 PM Location…………………………… TWU Hall 11929 East Pine Street * Conducted by Mark Loeber of the Advancement Group. TWU of America, Local 514 Mike McDonald Vice President Early Out Workshops Bulletin in PDF
FYI – Yesterday’s APA Bankruptcy Court Decision
Following up on yesterday’s bankruptcy court decision on the APA’s contract being abrogated in the Dallas Morning News blog and the Article referencing that the Creditors Committee statement that “American Airlines must have a pilots deal before leaving bankruptcy” (also below). First, the comment about needing an agreement with the pilots to exit bankruptcy was…