To The Membership – Accelerated Benefit Option (ABO)

Did you know that your Life Insurance with the Company has an Accelerated Benefit Option (ABO) for your Group Insurance plan? Under the ABO, if you are diagnosed with a terminal illness and with a life expectancy of six months or less, you may be eligible to receive a portion of your Group Life Benefits.…

Termination vs Freeze of Defined Benefit Plan

AMR has agreed to “freeze” the Retirement Benefit Plan of American Airlines, Inc. for Employees Represented by the Transport Workers Union (TWU) of America, AFL-CIO (“the Plan”). This is the alternative to terminating the Plan and turning it over to the Pension Benefit Guaranty Corporation (“PBGC”). Keeping the Plan up and running is advantageous to…

ATD Today March 7, 2012

Miami Members Mobilize To Help One Another Through Bankruptcy Hardships Watch the latest video interviews of TWU members from the Miami area who express their reactions about the bankruptcy and how it affects their future. When AMR filed for bankruptcy in November, the news hit working families like a corporate torpedo. It has now been…

TWU Wins Freeze of Pension Plans at American Airlines

Dallas — In a major development in the ongoing AMR bankruptcy case, TWU members at American Airlines have won a freeze of current pension plans. “The company initially wanted to terminate our pension plan, shift the cost to the government, and put our members at risk,” said TWU International President James C. Little. “Our negotiating…

Town Hall Q&A

Last month’s telephone town hall generated an overwhelming number of questions about AMRs bankruptcy. The limited timeframe for the call that evening made it impossible to answer everyone’s questions. In closing, International President James C. Little assured listeners that all questions would be answered as soon as humanly possible. Town Hall Questions 1 of 3…

Flex Spending Accounts for 2011

The expiration date for using your 2011 Flexible Spending Account balance is fast approaching. The last date to use all of your 2011 Flexible Spending account is March 15,2012. Remember if you do not use all of your money you will lose it.