Dave on August 28, 2014 at 7:36 am
The good thing about the Association is we will have to Harmonize the 2 CBA’s. That will fast track us into Contract Negotiations now, it will happen this year. Why sit 4 more years on this Bankruptcy agreement? When AA acquired TWA they became TWU, this caused the TWA IAM CBA to drop when they became members of the TWU. Organized Labor should not fight amongst themselves especially while under a Bankruptcy Agreement.
As for reduced pension for retiring early read the AA SPD we lose 3% a year capping at 15% if we retire at age 55. I am confused by the statement “Held hostage by our Pension Plans and never be able to get out”. Bankruptcy froze our Pension Plan. The TWU is trying to thaw the ice and get us back into a pension fund. The IAM pension Fund is one of the top pension funds in the country, currently funded ad 106%.
That's a response to a 514 member regarding the alliance by an E board member now you can see what we are up against in TUL