As an alternative to the services provided by American Airlines, the TWU and Union Benefit Planners (UBP) wanted to provide the members with a union sponsored option for medical coverage. The TWU and UBP have created a process for selecting affordable medical alternatives for those Members that may lose their medical insurance either because of a RIF or the…
Category: Insurance
DON’T WAIT UNTIL IT’S TOO LATE! ACTION REQUIRED!
It’s Open Enrollment time again (October 29th through November 16th) and all your medical plan options are changing this year! It is important that you understand your options. You will not default into your current medical plan. If no action is taken you will default into the standard plan! For More information or to Schedule…
Prefunding for your Retiree Medical Coverage Account
The prefunding balance information is no longer housed on JetNet. You will need to contact JP Morgan at 1-800-345-2345 for your balance information.
2013 TWU-AA Insurance Cost Tables
Details available on the web @ MY.AA.COM 2013 EE Contributions Employee Contributions Annual Monthly Employee Employee Employee Employee Employee Employee Employee Employee Plan Code Only + Spouse + Child(ren) + Family Only + Spouse + Child(ren) + Family CommunityCare of OK 009 $1,044.84 $2,612.88 $1,828.92 $3,494.88 $87.07 $217.74 $152.41 $291.24 Aetna/US Healthcare 011…
Do Not End Your Prefunding
Please DO NOT END your Prefunding contributions right now. If you end your contributions, then the court rules in the 1114 process that members are entitled to a company match, you will NOT be entitled to the company match. So it is very important to stay in the Prefunding program until it ends. When the…
Pre-Funded Retiree Medical Contributions – Letter from Don Videtich, 9-4-2012 to Local Presidents
Unfortunately we have had an issue with misinformation being disseminated to the membership and I have been receiving calls. The newly ratified TWU/AA agreements, approval of which is scheduled for hearing before the Bankruptcy Court next week, provides that TWU Members who are participants in the prefunding program will receive their own contributions plus investment…
Prefunding
The prefunding for Maintenance & Related and Stores are still in effect at this time. The indication from the company is that prefunding will cease near the end of the year or possibly earlier. This means that if you were to retire this year, you are entitled to retiree medical until the program is terminated.…
Union Benefit Planners, Inc.
The TWU and Union Benefit Planners (UBP) has created a process for selecting affordable medical alternatives for those Members that may lose their medical insurance either because of a RIF or the elimination of the Retiree Medical Benefits. We have made available a website www.twubenefits.com with which each individual can shop and compare different medical…
Employee Prefunding Balance – Available on Jetnet
(Link to Jetnet Page) Employee Prefunding Balance Your employee prefunding balance is $x,xxx.xx as of March 31, 2012, and includes investment earnings through this date, this does not include Company contributions. Review the information below for additional information. Prefunding Today, TWU-represented employees at American Airlines contribute an amount each pay period to a trust…
AMERICAN AIRLINES INC. PROPOSAL TO THE RETIREE COMMITTEE TO MODIFY RETIREE MEDICAL AND LIFE INSURANCE BENEFITS 7-6-2012
American Airlines, Inc. (“Company”) proposes the following changes to retiree medical and life insurance benefits: Retiree medical option for age 65 and over will cease. Retirees will be offered access to purchase a guaranteed issue Medicare supplement plan through a third party administrator, to the extent available. Early retirees (non-pilots age 55 – 65 or…