Tag: Proposal

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…