NYer
Veteran
- Jun 4, 2010
- 4,167
- 905
Rogallo said:Put Response Here!
This issue is being handled in an "Adversary Proceeding" under the AMR bankrupcty in Judge Lane's Court.
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Rogallo said:Put Response Here!
Rose colored glasses, half full! We Ain't gettin' diddly. Mark me down, post #167 on this thread, existing employees lose. I don't have much money in the match, but it's mine. And I don't think I'll ever see it.NYer said:
The Bottom Line Questions?
1. Are we going to get the match money? ...Eventually
2. Is the TWU going to get an answer from AA one way or the other? ...They must first decide if they will continue with their pursuit of modification to the retiree benefits.
4. Is this just the beginning of a long drawn out court case to keep us from the money so that the company can make more interest from that money? ...This process is about ALL retiree benefits and not just retiree medical (which is a fraction of their liability).
What I meant in my post was to forget about the pre funding match for the time being. No sense getting all worked up over something we have no control over. In my post I said it was rightfully ours....but the reality of it is we have no control over it unless we all start kicking in for our own legal defense OUTSIDE of the clutches of the TWU.AANYER said:MetalMover,
We will never forget. This is another fatal move by the TWU trusting the company. You had boys with High School Diplomas negotiating with seasoned contract lawyers from the best schools in the country. Let me ask a few questions, Does the best baseball or any sports stars represent themselves? The answer is clear and present. Does the pilots represent themselves? The answer is clear and present. Yet we had Bobby Gless of the TWU walking around with a briefcase like a two bit shoe salesman. Furthermore, he had the nerve to say, via the upper TWU hence men, that we should be happy with what we got. Give me a damn break. They said we were going to get it, the match that is, we took it where the sun don't shine.
AMFA now more than ever
Let me just say this about that, while I agree with you partially. The bad blood and the negativity can cause problems with your health over the long term. Seriously... Find a way to kind of let it go a little bit. This job is not worth your health or being able to spend the rest of your life enjoying your family. That is what is really important in this life. Hell, its a crap job, nurses fresh out of college get paid more, and lots of other professions I'm pretty sure do to.. Take it for what it is and what it has been made into, a crap job that very few want. We've made our choices, in hind sight the choices could have been better. It is what it is. Ride whats left of the wave into the beach and try to enjoy the rest of your days.AANYER said:MetalMover,
We will never forget. This is another fatal move by the TWU trusting the company. You had boys with High School Diplomas negotiating with seasoned contract lawyers from the best schools in the country. Let me ask a few questions, Does the best baseball or any sports stars represent themselves? The answer is clear and present. Does the pilots represent themselves? The answer is clear and present. Yet we had Bobby Gless of the TWU walking around with a briefcase like a two bit shoe salesman. Furthermore, he had the nerve to say, via the upper TWU hence men, that we should be happy with what we got. Give me a damn break. They said we were going to get it, the match that is, we took it where the sun don't shine.
AMFA now more than ever
AANYER said:MetalMover,
We will never forget. This is another fatal move by the TWU trusting the company. You had boys with High School Diplomas negotiating with seasoned contract lawyers from the best schools in the country. Let me ask a few questions, Does the best baseball or any sports stars represent themselves? The answer is clear and present. Does the pilots represent themselves? The answer is clear and present. Yet we had Bobby Gless of the TWU walking around with a briefcase like a two bit shoe salesman. Furthermore, he had the nerve to say, via the upper TWU hence men, that we should be happy with what we got. Give me a damn break. They said we were going to get it, the match that is, we took it where the sun don't shine.
AMFA now more than ever
As I said before, you obviously haven’t read the decision and don’t know what you are talking about. Bobby Gless was not our counsel or advocate in the bankruptcy proceedings, Sharon Levine was and she was also the legal counsel to TWU retirees. All of this is right on the court papers. As I showed before, the decision makes clear that AA’s motion was being heard as part of the 1114 process. It says nothing about the prefunding match, and the Court doesn’t even have jurisdiction over that issue. If the Company does not pay I expect we will arbitrate and, while I will not predict what an arbitrator will do, in my opinion our language (which is the same language agreed to by the APFA) is sufficient to secure the match once the 1114 proceedings are concluded.
Realityck said:
No TWU Representative or anyone on the 1114 Retiree Committee has raised the issue of how the active employees prefunding match should be used. The contract speaks for itself, as does the Trust Agreement (2003 Contract).
Neither does anyone know if Judge Lane will rule that retirees are vested in their retiree medical, nor if the new AA management might not raise a secondary issue due to his ruling.
In case you’ve not seen it as I have, this letter was previously sent to Local Presidents:
September 4, 2012
To: All Local Presidents
Re: Pre-Funded Retiree Medical Contributions
Dear Brothers:
Unfortunately we have had an issue with misinformation being disseminated to the
membership and I have been receiving calls. The newly ratified TWU/AA
agreements, approval of which is scheduled for hearing before the Bankruptcy
Court next week, provides that TWU Members who are participants in the
prefunding program will receive their own contributions plus investment earnings
and the employer contributions plus investment earnings, subject to (successful
conclusion of the 1114 process”.
Please note that some of the misinformation circulating appears to arise from the
fact that the original prefunding agreement states that one of the potential uses of
the employer money would be to secure alternative retiree medical coverage in the
event the trust is terminated; such a program, the original agreement is clear, must
be agreed to by the parties. It is in connection with this provision that several
Local Presidents have asked that we investigate whether it is possible to secure an
alternative retiree medical program. Let us make absolutely clear, right here and
now, so there can be no misunderstanding: any such program is subject to TWU’s
agreement to it; and TWU will only agree to any alternate program if participation
in it by individual members is COMPLETELY VOLUNTARY. We will not
permit enactment of any program that would interfere with distribution of the
employer contribution back to any employee, absent that employees individual
authorization.
Fraternally,
Donald M. Videtich
International Representative
Transport Workers Union of America, AFL-CIO
AANYER said:Realityck,
I'm getting peeved, I do know what I talking about and you know that I know what I'm talking about. It's the people in your statement above that's not adequately prepared to litigate and negotiate against the companies lawyers. We need bonafide contract lawyers with a history of wining to negotiate for us. I am starving for a contract win. For christ sake, it's been 26 + years at this company with no TWU contract wins. The last time we had a contract that was worth anything was when AMFA received a great contract at Northwest Airlines and we followed right in their foot steps. Let me just inform you, I'm fully versed and I have a legitimate degree. It is not from an online school like Jimmy Littles online degree. We will never forget of forgive what you continue to do our class and craft.
AANYER said:More to come, I'm not done yet. By the way smarty pants, if you find any misspelled words let me know. I didn't use spell check