Do_it_for_Dave
Member
- Nov 20, 2002
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MEC CODE-A-PHONE UPDATE
February 7, 2003
This is Roy Freundlich with US Airways MEC update for Friday, February 7, with two new items:
Item 1. The MEC today issued a joint 12-page letter that discusses the status of the pilots’ pension plan and the reasons for the MEC’s opposition of the termination of the pilots’ defined benefit plan. The letter includes detailed reasons why management’s alternative proposed defined contribution pension plan is unacceptable, an explanation of the impact of the plan termination and how it would affect your benefits, graphs that show how the Company plans to transfer funding from the pilots’ pension plan to cover the other employee pension plans’ cost increases, and charts that demonstrate how the pilots will lose substantial accrued benefits that have already been earned.
This letter is detailed and somewhat complex, and it is very important that every pilot review it carefully to understand the pension issues and the MEC’s position. This letter is being posted on the pilots only website under urgent messages.
Item 2. As directed by the MEC’s January 29 resolution, activating all appropriate ALPA resources and committees, the Strike Preparedness Committee has been activated and is implementing rapid organization and mobilization efforts. This committee is currently seeking volunteers. Please call the MEC Office during normal business hours at 800-872-4763 to get involved and help your MEC preserve your earned pension benefits. A member of the Strike Preparedness Committee will then contact you with further information.
Please remember we have 1,827 pilots on furlough
February 7, 2003
This is Roy Freundlich with US Airways MEC update for Friday, February 7, with two new items:
Item 1. The MEC today issued a joint 12-page letter that discusses the status of the pilots’ pension plan and the reasons for the MEC’s opposition of the termination of the pilots’ defined benefit plan. The letter includes detailed reasons why management’s alternative proposed defined contribution pension plan is unacceptable, an explanation of the impact of the plan termination and how it would affect your benefits, graphs that show how the Company plans to transfer funding from the pilots’ pension plan to cover the other employee pension plans’ cost increases, and charts that demonstrate how the pilots will lose substantial accrued benefits that have already been earned.
This letter is detailed and somewhat complex, and it is very important that every pilot review it carefully to understand the pension issues and the MEC’s position. This letter is being posted on the pilots only website under urgent messages.
Item 2. As directed by the MEC’s January 29 resolution, activating all appropriate ALPA resources and committees, the Strike Preparedness Committee has been activated and is implementing rapid organization and mobilization efforts. This committee is currently seeking volunteers. Please call the MEC Office during normal business hours at 800-872-4763 to get involved and help your MEC preserve your earned pension benefits. A member of the Strike Preparedness Committee will then contact you with further information.
Please remember we have 1,827 pilots on furlough