The TWU ATD has been posting Podcast’s on topics of interest. Take some time and listen.
TWU-ATD Podcast’s 2019
Category: Pension
Pension Seminars
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How to find out if your Enhanced Pre-Retirement Survivor Annuity benefit has a Beneficiary through Jetnet
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Pension Q&A – Dale Danker, Local 514 President
Letter from Local 514 President, Dale Danker concerning the Frozen AA Defined Pension and the Association.
American and the Frozen Pension Plan
As we all know, AA wanted to do away with our defined pension plan and used bankruptcy as a platform to justify this. The PBGC was on our side and exposed the flawed argument that was proposed by AA. As with all of the questions we receive from the membership, the TWU514 looks to those…
Pensions and the TWU – IAM Joint Agreement
The IAM back in March 2014 concluded discussions with the Board of Trustees of the IAM National Pension Fund (IAMNPF) that increased pension benefits by 35 to 45 percent for approximately 17,000 IAM members at United Airlines. “IAM members at United Airlines are covered by the best pension plan in the airline industry, and that plan…
Pension Plan Helps IAM in Campaign at US Airways
By Ted Reed – 05/29/13 – 6:45 AM EDT SOURCE CHARLOTTE, N.C. (TheStreet) — As the Teamsters union seeks to raid mechanics at US Airways , the toughest question the union has to answer concerns the impact that a change could have on the mechanics’ pensions. The International Association of Machinists provides members, including 3,500 US Airways mechanics,…
Re: Retiree Pension Reform, Multi-Employer / Single Employer (AA)
Brothers & Sisters, I have been getting calls and e-mails referencing the below article about Retiree Pension Reform. This article is in reference to Multi-employer Retirement plans and does not impact the recently frozen (Single Employer) pension plan at AA. I hope this information helps to answer any questions you may have received Fraternally, Bobby…
RE: Forbes Blog, concerning American Beacon and our AA pension plans
RE: Forbes Blog Dear Brothers and Sisters: A recent blog appeared on the Forbes website regarding American Beacon; this has generated a number of questions concerning American Beacon and our AA pension plans. American Beacon manages American’s defined benefit pension plans and offers funds in the American 401(k) plans. We want you to know that…
Statement from PBGC Director Josh Gotbaum on American Airlines Announcement of Plan Freezes
WASHINGTON — Pension Benefit Guaranty Corporation Director Josh Gotbaum released the following statement today on American Airlines’ decision to freeze all four of its pension plans, effective today: “Today marks a mixed result for the people of American Airlines. We of course are pleased that they will get to keep the pension benefits they have…