50-55 Age Rule As of March 26, 2003, if you are at least 50 years of age, but not yet 55 years of age and have 15 years of company seniority at the time you leave the Company, you will be eligible for retiree travel privileges at age 55. If you leave the Company before meeting…
Tag: Retirement
Eligibility for Retirement Benefits
55 and over – if you voluntarily leave the Company or involuntarily leave the Company due to a Reduction in Force – 10 or more years of company seniority Eligible for retiree status Yes Eligible for retiree medical benefits Yes** Eligible for retiree life insurance coverage Yes Eligible for retire travel privileges Yes Eligible…
Eligibility for Retiree Travel Privileges
If your company seniority date is on or before July 31, 1996, you may be eligible for retiree travel privileges when you leave the Company if you have five (5) or more years of company seniority with the Company and have attained at least 55 years of age. If your company seniority date is after…
Thinking of Retiring?
Please contact Local 514’s Retirement Counselor Mark Loeber for details. Contact details are listed below: Mark Loeber TWU, Local 514 Retirement Counselor 9175 S. Yale Ave. Suite 200 Tulsa, Oklahoma 74137 918-491-0079
TWU Negotiators Propose Early Out Package to AMR
Today, the TWU representing all work groups drafted a serious cost savings proposal for the company. The committee has proposed an early out package for all eligible employees in an immediate cost savings benefit for AMR. Eligibility for the package would include: Plan A: Retirement eligible • 10 years of service and age 55…