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Why would AA give you that?Buck said:In the past American has always relied on their ability to negotiate with the strength of the Defined Benefit Retirement Plan. With that now a 401k matching fund that is sub standard to the rest of the industry, now is the time to negotiate for a higher wage and a larger matching percent.
Agree 100%. The iam is pushing their pension plan and the members want no part of it. The twu is going along with the associations plan on getting us to participate. I see no interest on either union to up our 401k contribution. They are actually going in the opposite direction. We need to get theses cards filled out to trigger a vote. Even the twu and iam supporters must see and realize the association is worse then either of them. We need to vote on this and let the membership decide. I think we can all live with ourselves if we voted and accepted the memberships wishes.CMH_GSE said:I know one thing I don't want to hear one word about is the IAMPF.
I'll keep what I have, just increase my 401k match.
You are correct. Someone above has posted how the association has been talking to the media and not the membership, I don't think they can do anything until they are certified by the NMB. However they could put out information on what and how they are planning to nego once they are certified. With 3 weeks and 4 days left we are all hoping you guys can get this done.1AA said:Agree 100%. The iam is pushing their pension plan and the members want no part of it. The twu is going along with the associations plan on getting us to participate. I see no interest on either union to up our 401k contribution. They are actually going in the opposite direction. We need to get theses cards filled out to trigger a vote. Even the twu and iam supporters must see and realize the association is worse then either of them. We need to vote on this and let the membership decide. I think we can all live with ourselves if we voted and accepted the memberships wishes.
The IAM and TWU leadership , to date , has shown the membership nothing to warrant any support from the membership.700UW said:The association has no members and doesn't represent anyone yet.
I do not know that they would. I am just saying that one of the strengths at the negotiating table for the company has always been their healthy Pension Funding. With the freezing of that pension, an increase in matching could be a method of gaining some compensation.Zom JFK said:Why would AA give you that?
I agree, however how did the TWU/IAM Association go to the NMB representing these two entities and their members, when they don't exist?700UW said:The association has no members and doesn't represent anyone yet.
It really is a paradox that the NMB is going to decide on in the next few weeks.Buck said:I agree, however how did the TWU/IAM Association go to the NMB representing these two entities and their members, when they don't exist?
That's how I read it as he NMB can and will do whatever it wants to.CMH_GSE said:It really is a paradox that the NMB is going to decide on in the next few weeks.
If they follow the UA Dispatchers decision last October, where they put PAFCA on the ballot but not TWU, even though they both filed jointly, then they will put TWU on the ballot and deny the IAM a place on the ballot, as well as the Association, due to lack of showing of interest.
Reading the NMB rules, and following recent precedent, that's what they should do.
However, they've already demonstrated they will do,whatever the hell they want to, so hold on.
This is from the TWU? What is the NMB saying? I do not believe anything the TWU posts.Buck said:[SIZE=12pt]TWU-IAM Association Q&A Part [/SIZE]
Q7: Will the members have only two choices when the Alliance election is held?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
Most likely, yes. When the Association applies for representation the choices will be for the Association or no union, unless an outside union intervenes and appears on the ballot.
Q19: Will TWU members have a choice on picking to stay with a 401k and match instead of the IAMNPF?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
The TWU has agreed with the IAM that in joint negotiations it will support the preservation of the IAMNPF for IAM members and make it available as an option in negotiations to TWU members. However, having a 401k match either as a supplement (for everyone) or as an alternative to the IAMNPF (for TWU members) is also a goal in negotiations. Ultimately, the members will decide to approve or reject whatever is negotiated with the carrier.
Q20: Are TWU members starting a new pension plan or handing over our frozen pension to the IAM National Pension Fund (IAMNPF)?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
No. There is no plan to start a TWU pension or transfer the assets of the frozen pension to any other entity.
Q21: Will TWU members be forced to participate in the IAMNPF?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
No. The objective is to preserve as much choice and flexibility as possible. However, if we have the opportunity to restore or offer a defined benefit plan to TWU members we have an obvious interest in doing so. Ultimately, the members will decide to approve or reject whatever is negotiated with the carrier.
Q22: Would all union (TWU/IAM) members have a choice on joining or staying in the IAMNPF or 401K with match?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
IAM members have already voted to participate in the IAMNPF instead of the company-offered 401K match. If the company agrees in negotiations, TWU members will also have the same option. The best alternative is having a defined benefit plan with benefits comparable to what was taken from us in the bankruptcy process. If that cannot be accomplished we will try to provide as many alternatives as possible.
Q23: Will TWU members receive credited service if TWU members choose to join the IAMNPF?http://www.usaamerger.com/twu-iam-association-qa-part-ii/
Yes. The IAMNPF credits previous service in qualified plans toward vesting and early retirement options.
http://www.usaamerger.com/twu-iam-association-qa-part-ii/1AA said:This is from the TWU? What is the NMB saying? I do not believe anything the TWU posts.