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Tag: prefunding
APFA Prefunding Contribution Presidential Grievance
The APFA has proposed March 3 – 4, 2015, to the company to schedule their Presidential Grievance on the company’s refusal to distribute its pre-funding match to active Flight Attendants. This is a hot topic with the APFA as well as the TWU. We will update you as soon as the date is finalized. …
Correspondence on the prefunding contributions and the 1114 process
Reply from Paul D. Jones Senior Vice President and General Counsel, American Airlines To David Virella , TWU-ATD AA System Coordinator This will respond to your letter dated June 24, 2014, to Steve Johnson and me regarding the employer-matching portion of the prefunding contributions that were made to the TWU VEBA. The employee-paid portion of the VEBA contributions were returned to active employees in accordance with the collective bargaining agreements the TWU reached with American Airlines in September 2012, and, by the terms of those agreements, the employer prefunding contribution is to be distributed to active employees only “upon successful resolution of the…
Letter from TWU-ATD to AA on Prefunding.
June 24, 2014 Mr. Stephen Johnson Executive Vice President Corporate Affairs American Airlines Group PO Box 619616, MD 5675 Fort Worth, TX 75261-9616 Mr. Paul Jones Senior Vice President General Counsel American Airlines Group PO Box 619616, MD 5675 Fort Worth, TX 75261-9616 Gentlemen: This writing is a request for information regarding the nonperformance of…
Bankruptcy judge says he’s preparing to rule on American Airlines retiree issue
SOURCE: Dallas Morning News U.S. Bankruptcy Judge Sean Lane told American Airlines attorneys Tuesday that he expects to rule soon on whether the airline can modify retiree health and life insurance benefits. Retirees, who face losing American’s help on paying insurance premiums, have been waiting for the judge to rule since Lane held a…
Deadline to Cash Pre-funding Refund Checks
All prefunding refund checks issued on 12/10/2012 will be void if not cashed with-in 180 days. If you received a prefunding check from J.P. Morgan and do not cash it within 180 days from the date of issue, you will need to call J.P. Morgan at 1-800-345-2345 to have the checks reissued. Not all TWU-represented employees are…
Letter to Bobby Gless, RE: Interest Earnings on Prefunding Contributions
RE: Taxable Earnings/Prefunding Dear Mr. Gless, The TWU International asked our accounting firm to research the method by which prefunding income was being reported by the company. TWU members were asking questions regarding this matter. Of course each member must consult his/her own tax advisor for advice. However, we can provide general information…
Message from AA regarding Retiree Medical refunds
American Airlines: We are working to send the refunds of employee retiree medical prefunding contributions early, and are hopeful to have the checks to employees in December. We anticipate being able to share the mailing date next week, after all of our reviews are complete. One step employees can take immediately is to make sure…
Letter to Robert Gless on Prefunding Status, November 16, 2012
Below are the letters contents: Mr. Gless, I’d like to provide an update on the status of prefunding refunds of employee contributions for TWU-represented employees. My group, HR Delivery & Finance, is responsible for managing this process, with assistance from others at American and J.P. Morgan. First, we recognize that employees would like to receive…
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.