Company Match

[AABNA]

I retired back in 2012 and wasn't old enough for the retiree ins. I know this has been debated over and over but is the company match settled? I've read that it's gone but isn't it in individual accounts? Just wondering. Thanks

 

[Deleted member 14439]

I retired back in 2012 and wasn't old enough for the retiree ins. I know this has been debated over and over but is the company match settled? I've read that it's gone but isn't it in individual accounts? Just wondering. Thanks

It's gone like a fart in the wind. Forget it and move on.

 

[AABNA]

What is retiree insurance? not a possibility at all for LUS

Before we went into bankruptcy we prefunded from our salaries with American matching. You had to be 55 to retire and claim it but we were offered early out packages since they were doing away with my title group. I was 3 months short.

 

[AABNA]

It's gone like a fart in the wind. Forget it and move on.

Has American emerged from bankruptcy yet?

 

[Deleted member 14439]

Has American emerged from bankruptcy yet?

Yes

 

[1AA]

This explains it in plain simple english even a 5th grader can understand.
Too bad the TWU can't even read and defend it's own agreement.

 

[AABNA]

This explains it in plain simple english even a 5th grader can understand.
Too bad the TWU can't even read and defend it's own agreement.
View attachment 13575

Thanks for this. For what it's worth, having this money doesn't affect what I do or how I life my life. But I have to ask, the letter looks pretty cut and dry, Why isn't this a bigger issue between the union and the older employees?

 

[Deleted member 14439]

Thanks for this. For what it's worth, having this money doesn't affect what I do or how I life my life. But I have to ask, the letter looks pretty cut and dry, Why isn't this a bigger issue between the union and the older employees?

It is a big issue. The company outsmarted and outmaneuvered the TWU on this and many other issues. Right now the focus is on getting us out of this awful bankruptcy, concessionary contraact.

 

[1AA]

The membership is weak and disconnected from the issues. We are divided and the union keeps us this way to stay in control. We get enough information from the union so the membership thinks they are doing a good job. That letter is about as plain and simple of an agreement you can write. Somehow the union took that agreement and allowed it to be played in the BK courts. It ended up in the companies favor. I would guess that a first year lawyer could have held the company to that agreement. I'm not a lawyer so it's just my opinion. It's sad that nothing the union puts in writing is worth the paper it's written on. Any future CBA will be in question of its creditability if challenged by the company.

 

[AABNA]

The membership is weak and disconnected from the issues. We are divided and the union keeps us this way to stay in control. We get enough information from the union so the membership thinks they are doing a good job. That letter is about as plain and simple of an agreement you can write. Somehow the union took that agreement and allowed it to be played in the BK courts. It ended up in the companies favor. I would guess that a first year lawyer could have held the company to that agreement. I'm not a lawyer so it's just my opinion. It's sad that nothing the union puts in writing is worth the paper it's written on. Any future CBA will be in question of its creditability if challenged by the company.

So nothing has changed since I left. I was one of the last ones left in title 4. From the time I was hired in 1986 at BNA the only thing we were told by the union was to "sit down and shut up". I'm surprised the TWU has lasted as long as they have.

 

[WeAAsles]

The membership is weak and disconnected from the issues. We are divided and the union keeps us this way to stay in control. We get enough information from the union so the membership thinks they are doing a good job. That letter is about as plain and simple of an agreement you can write. Somehow the union took that agreement and allowed it to be played in the BK courts. It ended up in the companies favor. I would guess that a first year lawyer could have held the company to that agreement. I'm not a lawyer so it's just my opinion. It's sad that nothing the union puts in writing is worth the paper it's written on. Any future CBA will be in question of its creditability if challenged by the company.

Blah, blah, blah “Bad Salesman”. Blah, blah, blah.

I'm surprised the TWU has lasted as long as they have.

75 years and counting at AA. TWU isn’t going anywhere anytime soon.

 

[Rogallo]

TWU isn’t going anywhere anytime soon.

At least not in Fleet.

Keep suckling on that teat!

 

[Talos]

This explains it in plain simple english even a 5th grader can understand.
Too bad the TWU can't even read and defend it's own agreement.
View attachment 13575

Pretty sickening to read that and then see what American did to keep their contribution while making more in a year than they used to make in 10 years. I guess their lawyers were sharper than the TWU's.

 

[WeAAsles]

At least not in Fleet.

Keep suckling on that teat!

Not in Maintenance either Rogs. 75 years and counting for TWU/ and IAM.

Oh and you keep sucking on that Union teat yourself man. It’s looking pretty good for you from here.

https://www.bls.gov/ooh/installatio...onics-equipment-mechanics-and-technicians.htm

 

[Rogallo]

It’s looking pretty good for you from here.

Actually, it's not.

Take off the blinders, dude!