BREAKING NEWS: US Airways Election Dates Announced!

[Tim Nelson]

Because the plan shuts them off and there is no other option in the book.

I guess you all forgot about how they stopped paying into the plan for fleet at one point.

Overhauling Airbus planes was contractual work, do you remember when they sent planes out and we took them to court and won in arbitration?

Did you not read the letter from the plan stating that if the IAM is decertified there will no longer be in the plan for the future contributions?

http://usaamerger.com/wp-content/uploads/2013/04/Steve-Sleigh-Letter.pdf

The plan does NOT shut them off. The plan only shuts people off after a decision by the IAM pension trustees to do so, but a transition is worked on instead of just exterminating and destroying benefits for working people. Any action would be an action of the IAM. If the IAM trustees did that, I know, personally, some IAM members that will get involved with the Delta stew campaign and encourage them NOT to vote for the IAM. The IAM needs to stop its hate and stop creating more and more enemies if it wants to have a chance to survive. BTW, I do believe there are some IBT members who are also part of the IAMPF for a few companies. I know there used to be a few years ago through an arrangement with the IAMPF.

At any rate, if the IAM let the company off the hook, then maybe we can get those extra funds over for fleet. lol regards,

 

[Tim Nelson]

700, the letter is a political ploy. Much like the letter put out saying how if you vote the iam, the IAMPF is secure. As bad as the IAM has been, I can't see them screwing over these mx that bad. It's politics. We get it. Well, I hope it is politics, otherwise, the IAM is toast everywhere if it does that. No way would the TWU AMR folks want to join any pension fund that can be blown up if workers make representational choices.

 

[700UW]

Tim,

Were you on the call last night?

Have you spoke to Regan and the Plans actuaries?

They are coming to CLT next week.

But Tim you are the ever all knowing and what you say in your mind is always right.

 

[1AA]

So can anyone at USAir tell me or post here what are the make and break issues for NOT voting in the IBT?

Once the merger is complete a JBCA will be moving forward. I do not see the company contributing anymore money to any pension plan other than to fund up the frozen plans to 100% of the frozen date. The IAM pension plan will most likely end with a freeze. A 401K plan will take its place. Not a better replacement but that is what we have. Even the Teamsters can not stop or force the company to continue funding the IAM pension plan. Good luck with that.

 

[700UW]

The IAM pension is a deal breaker, the IAM and the TWU have all ready agreed they will offer the plan to the TWU represented employees.

The east has had a pension terminated all ready in 2005, the M&R wont give up a pension and the West never had a pension, and most everyone is now vested.

They talked about it on the conference call last night.

 

[swamt]

Because the plan shuts them off and there is no other option in the book.

I guess you all forgot about how they stopped paying into the plan for fleet at one point.

Overhauling Airbus planes was contractual work, do you remember when they sent planes out and we took them to court and won in arbitration?

Did you not read the letter from the plan stating that if the IAM is decertified there will no longer be in the plan for the future contributions?

http://usaamerger.com/wp-content/uploads/2013/04/Steve-Sleigh-Letter.pdf

This is one of the reasons not to have a union controlled pension. Employer control is much better. As the unions will try to hold your pensions as a tool not to rid of the union. But your pensions are your pensions. I believe the Buffy statements are just political and a threat so that some will vote for the IAM to stay at US. Is this in writing anywhere? If it is, then it's time to get rid of the IAM. And if Buffy is just lying in order to keep some of the IAM faith-full during this upcoming election, then they need to be removed, however, I would keep the IAM in place for now, until after merger, but to goto the teamsters from the IAM is suicidal, much worse than what you guys have now IMO.

 

[700UW]

Really an employer controlled pension is better?

1992 non-union CSA, RES, Fleet had US controlled pension frozen.

2003 ALPA had US controlled pension terminated.

2005 Mechanic and Related and frozen pensions controlled by US terminated.

Yep employer controlled pensions are great, NOT!

Letter is out and I have posted it, here it is again.

http://usaamerger.com/wp-content/uploads/2013/04/Steve-Sleigh-Letter.pdf

 

[Just Another BK]

So can anyone at USAir tell me or post here what are the make and break issues for NOT voting in the IBT?

Once the merger is complete a JBCA will be moving forward. I do not see the company contributing anymore money to any pension plan other than to fund up the frozen plans to 100% of the frozen date. The IAM pension plan will most likely end with a freeze. A 401K plan will take its place. Not a better replacement but that is what we have. Even the Teamsters can not stop or force the company to continue funding the IAM pension plan. Good luck with that.

What in the hell are you talking about? No money can go into a frozen plan. That's why its frozen. The IAMPF will not take any more pension contributions that aren't made on behalf of IAM Members. The Teamsters don't have anything to do with it. The $2.00 per hour contribution will have to be sorted out. It cannot just go into someone's paycheck. It most likely upon approval could be placed in an individuals 401K.

 

[blue collar]

The IAM pension is a deal breaker, the IAM and the TWU have all ready agreed they will offer the plan to the TWU represented employees.

The east has had a pension terminated all ready in 2005, the M&R wont give up a pension and the West never had a pension, and most everyone is now vested.

They talked about it on the conference call last night.

You're delusional if you think the pension is a deal breaker. It's not worth a lot right now, at least not anything that someone could retire on. I would have a problem with the IAM threatening me to lose $2/hr worth of compensation if I don't vote for them. They should be out showing WHY they should get votes, not using threats to get them. This may be why they lose the election...

Also, Tim's point seems valid that you are working for the IAM in some capacity if you were on a conference call..

 

[Just Another BK]

The IAMNPF is in the contract. The contract remains in force until a new agreement is voted in by the membership no mater what union is representing M&R. How can the IAM claim the IAMNPF stops immediately? If so what happens to the money that Usairways is mandated by the contract to deposit in the name of each employee?

The IAMPF doesn't want your money if you are not in the IAM. If the Teamsters win the election the IAMPF will probably request all future contribution payments cease and that money will probably go somewhere until its decided what to do with it. Upon approval most likely a 401K for now.

 

[Real tired]

What in the hell are you talking about? No money can go into a frozen plan. That's why its frozen. The IAMPF will not take any more pension contributions that aren't made on behalf of IAM Members. The Teamsters don't have anything to do with it. The $2.00 per hour contribution will have to be sorted out. It cannot just go into someone's paycheck. It most likely upon approval could be placed in an individuals 401K.

There sure is a lot to be sorted out.

I have not got two of the same answers when I ask people, including union people, what will happen to our $2.00 per hour contribution.

But according to the letter:

....."Accordingly, upon desertification notice, the Fund terminates the participation of the employer and the decertified unit."

That says to me, the company is off the hook for the $2.00, the IAMNPF collects nothing, and our pension stops growing.

The $450 per month that we have earned so far is not a deal breaker for me, but I sure would like some straight answers to make an informed decision.

 

[Just Another BK]

You're delusional if you think the pension is a deal breaker. It's not worth a lot right now, at least not anything that someone could retire on. I would have a problem with the IAM threatening me to lose $2/hr worth of compensation if I don't vote for them. They should be out showing WHY they should get votes, not using threats to get them. This may be why they lose the election...

Also, Tim's point seems valid that you are working for the IAM in some capacity if you were on a conference call..

That $2.00 for a $31.00 base rate is about a 6.5% contribution. The IAM from what I am being told is trying to get the contribution to $2.40/hr, which would be around $100.00 per year of service going forward. The BEST Teamster Plan is paying somewhere around $49 per year of service at the Western States Plan. Not to mention no station seniority, lifetime recall rights etc that are IAM benefits.

 

[Just Another BK]

There sure is a lot to be sorted out.

I have not got two of the same answers when I ask people, including union people, what will happen to our $2.00 per hour contribution.

But according to the letter:

....."Accordingly, upon desertification notice, the Fund terminates the participation of the employer and the decertified unit."

That says to me, the company is off the hook for the $2.00, the IAMNPF collects nothing, and our pension stops growing.

The $450 per month that we have earned so far is not a deal breaker for me, but I sure would like some straight answers to make an informed decision.

No the Company still owes you the $2.00/hr. Its just that the IAMPF will not take it because you will no longer be an IAM member. It will go somewhere. Hopefully not in an underfunded Teamster Plan, but I am sure it will all have to be approved by the Company, the Union and
its Members. The individuals plan would stop growing. I hope we all have enough hours in this year to get a full years accrual.

 

[700UW]

What in the hell are you talking about? No money can go into a frozen plan. That's why its frozen. The IAMPF will not take any more pension contributions that aren't made on behalf of IAM Members. The Teamsters don't have anything to do with it. The $2.00 per hour contribution will have to be sorted out. It cannot just go into someone's paycheck. It most likely upon approval could be placed in an individuals 401K.

A frozen plan still has to be maintained and contributions are still made to maintain its funding, its a frozen plan that gets turned over to the PBGC and removes liability from the company onto the PBGC.

 

[700UW]

Show us in the CBA where it says they $2 goes to the employee, you wont cause it wont happen.

The Conference call was a town meeting, and my ex still works for US.

And a nice pension increase is sitting on the table right now during negotiations.