ThirdSeatHero
Veteran
Overspeed said:
Chuck read the 2008 LM2. Delle was PAID out the money as a lump sum to purchase an annuity. You are way wrong on this one. The money can't stay with AMFA if the check has been cashed as Delle walked. Does anyone at AMFA get a lump sum pension pay out? No. AMFA scammed the membership after the killed the pensions of all their members at NWA and thousands more at UAL and AS that lost their jobs forever.
AMFA didn't scam anyone. You obviously cannot interpret the LM-2.
The $500k annuity was listed as a disbursement to Del because the annuity was for him alone. He WAS NOT PAID $500k, the annuity was purchased by the association for him in accordance with the AMFA constitution which the entire membership voted on..
Further the National Directors salary is clearly listed in the AMFA constitution, and had he been "PAID" $500k as you state, it would've resulted in criminal charges as that would've been a clear violation of AMFAs constitution.
Nice Try