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American Airlines, Inc. 401(k) Plan (formerly known as $uper $aver) reaches $22 million settlement in self-dealing lawsuit
Tag: 401K
Meet with Fidelity about the new 401(k) investment menu – September 25th
FYI.. Meetings in Hangar 3
Letter from President Danker, 8-21-2015
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29d Grievance- Article 40 (i) – Violation (401k Contribution)
In accordance with Article 29 (d) of the following AA/TWU Agreements dated September 12, 2012 between American Airlines and the Transport Workers Union covering the following contract groups: Fleet Service Employees, Aviation Maintenance Technicians and Plant Maintenance Employees, Material Logistics Specialist and Crew Chiefs, Ground School and Pilot Simulator Instructors, Flight Simulator Technicians Associate Technicians…
Letter to ATD on 401(k) Matching contributions and Grievance Awards
Dear Brother Doyle: Per our email discussions about awarded grievances being paid after September 2012 but not being matched to the members 401(k) contributions. The Local 514 Executive Board and I are all in agreement that an International Grievance should be filed on behalf of all TWU members if this is determined to be a system…
Profit Sharing, 2013
As we have heard from American Airlines, We will be receiving profit sharing for the year 2013. At this time we do not know the amount each will receive. We do know that AA stated that whatever the amount we will be the TWU profit sharing payout is eligible for the Company 401k match of up…
Lower your taxable income by contributing your upcoming 2013 profit sharing payout to your 401(k)
As we shared in late January, thanks to your hard work throughout the past year, eligible employees of both legacy US Airways and legacy American will receive a profit sharing payout for 2013 in mid-March. Employees eligible for their legacy airlines’ payout will have the opportunity to make a special deferral election to be applied…
“The Retirement Gamble” Facing Us All
Watch it NOW on Frontline April 23, 2013, 10:09 am ET · by Martin Smith Retirement is big business in America, but is the system costing workers and retirees more than what they’re getting in return, asks FRONTLINE correspondent Martin Smith.
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…
RE: JP Morgan, 401(k) Plan – letters sent out 9-20-2012. They are incorrect.
AA will be sending out corrected letters. This letter went to all members who are not enrolled in the 401(k) presently that will be enrolled due to the new contracts. There is no automatic increase in our plan!!! AA will auto enroll members with the 3% deduction (unless they opt out). AA will match the…