March 23, 2014 TO: TWU AA Locals 501 – 591 RE: Update to American Airlines Employees Eligible for Equity Distributions Over the last four months, three class actions have been filed on behalf of former AA employees who were excluded from equity distributions under the TWU Equity Distribution Plan adopted last year. TWU, acting at…
Tag: retirees
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…
AA Bankruptcy – Court Update Mar 19, 2013
As you may recall, on July 6, 2012. AMR filed a complaint asking the bankruptcy court to declare that none of AMR’s current retirees (both union or non-union) have a vested right to retiree medical benefits. AMR asserts that under ERISA, the health and welfare benefits the debtors provide to current retirees (including TWU…