Category: VEOP

Voluntary Early Out Plan, from AA

Contractual Voluntary Early Out

Since the Company is announcing LayOff’s Another Voluntary Early Out is available per our Current CBA. This does NOT contain the same option for retiree health reimbursement account (RHRA). Election window: 10:30 a.m. CT Aug. 25 – 10:30 a.m. CT Aug. 28 Eligibility: You must have a minimum of fifteen (15) years of company seniority. You…

Retirement Seminar in Hangar 3 & 4 Town Hall – Tuesday July 28, 2020

We will have a Retirement Seminar with Mark Loeber. Mark has been handling the Zoom conferences this week. On Tuesday the 28th, at 1:00 PM and 3:00 PM, Mark Loeber, your TWU retirement consultant, will be hosting the meetings to discuss and educate those who are interested in registering for the recently announced Voluntary Early-Out…

Voluntary Early-Out Program Zoom Meeting- August 3rd, 2020 @ 10: AM CDT

On Monday, August 3rd at 10:00am CT, Mark Loeber, your TWU retirement consultant, hosted another virtual meeting to discuss and educate those who are interested in registering for the recently announced Voluntary Early-Out Program (VEOP). We encourage all employees who are interested in registering for the VEOP, or who want more information on the VEOP,…

American Airlines Retirement Health Reimbursement Account

TWU-IAM Association Frequently Asked Questions What is a retiree health reimbursement account (RHRA)? A RHRA is a notional account eligible TWU-IAM team members and spouses can use for health care expenses and premiums in retirement. These funds can be used for medical, dental, vision, prescription and post-tax health care premiums. How much will go into…

American Airlines to Offer Revised Leaves of Absence and Voluntary Early Outs

American Airlines will announce today that they are offering ‘enhanced’ Leaves of Absence and Early Outs to Association members. Association leadership discussed these revised offers and made several suggestions that would make them more attractive to our members. Most of the suggestions were not taken. We advise all of our membership to consider these offers…