Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Dated 2009. TTY/ASCII users may call 711. You had reorganizations on top of reorganizations, and they started subcontracting things out instead of handling it in-house. 1982 AFA represents 22,000 Flight Attendants at 18 carriers. Create an Account and Draft a QDRO for This Plan. In late June 2004 the ATSB, however, again denied United's application for a loan guarantee. I requested a pension packet of information. A court hearing revealed that the DIP agreement did not prohibit the company from making its minimum pension funding contributions. Northwest Airlines Application Aviation consultant Michael Boyd said Northwest has no incentive and no time to renegotiate large changes to that contract. I never knew how much stress I was under until I stopped flying. Washington, DC 20024-2101, Log In to MyPBA (For Workers & Retirees)Log In to My PAA (For Practitioners)Multiemployer Insurance Program FactsAnnuity or Lump Sum, Annual ReportsFederal Register Notices Open for CommentLaws and RegulationsPBGC Data SetsReducing Regulatory Burden, For Workers & Retirees1-800-400-7242 The Flight Attendant Pension Plan states that a vested terminated benefit is subject to different reduction tables, depending on date of hire. Others concluded that a better agreement could not be reached under the Teamsters leadership. A former Northwest flight attendant explained that Delta takes money from their workers compensation settlement out of their Northwest pensions. Atlanta-based Delta announced April 14 a stock-swap deal to acquire Eagan, Minn.-based Northwest. In 2005, the Pension Benefit Guaranty Corp. took over four United Airlines pension plans, incurring a $7.35 billion loss. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. "We believe that if we take care of our people, they will take care of our customers," Kight said. A .gov website belongs to an official government organization in the United States. From the beginning the union leadership fought to frustrate and beat down a considerable determination on the part of flight attendants to achieve a contract that addressed their concerns. Now technically that was on my own time, and that was an honest mistake, but they said were going to put it on file that you showed up out of uniform. When the Air Transportation Stabilization Board (ATSB) first denied Uniteds loan guarantee in December of 2002 and citing future pension obligations as one of the four key issues in its denial of the loan, we all became aware that employee pension plan minimum funding targets may be in jeopardy. Representatives of the pilot unions at Delta and Northwest did not address the hearing on Wednesday. Retirement - Frequently Asked Questions 2) The people were great, from ticket counter to gate/baggage handlers. A wave of airline mergers in the years after the Sept. 11, 2001, attacks brought the disappearance of Northwest Airlines, Continental Airlines and US Airways.
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