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AFA US Airways MEC E-Line - "Staying Informed" |
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AFA US Airways MEC E-Line for December 17, 2004 |
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Travel Privileges Associated with the Proposed VFLR
If completed 5 years but less than10 years of service, the employee gets 10 passes per each eligible family member per year for 10 years. If 10 or more years of service, the employee gets unlimited travel for each eligible family member. Employees with less than 20 years travel at a boarding priority lower (S4) than active employee (S3). If the employee has 20 or more years, he/she can travel as if an active employee. Fair market value of passes are reported to the IRS as income.
Retiree Medical Announcement
Please note that, in most cases, these changes cannot be made without the approval of the bankruptcy court. Therefore, we cannot guarantee that the retiree medical benefits described above will be the ultimate result. Furthermore, additional changes to retiree medical benefits may be required as we move through the bankruptcy process, and the Company reserves the right to seek to change or terminate retiree medical benefits at any time. You should keep these factors in mind when making retirement decisions.
IMPORTANT INFORMATION ABOUT RETIREE MEDICAL BENEFITS FOR US AIRWAYS' FLIGHT ATTENDANTS
Many employees have been understandably anxious to know what the Company's plans are regarding retiree medical benefits, and about when any changes to those benefits will take effect. You should know that the decisions described in the linked article have not been easy to make, but reflect the critical need to immediately lower these substantial costs or risk an end to the Company and a cessation of all benefit programs for all current and former employees.
The
Company intends, through negotiations within the bankruptcy process, to make
the following changes: PLEASE
SEE THE PDF FILE HERE (if
you do not have the free adobe reader, go HERE
- http://www.adobe.com/products/acrobat/readstep2.html) |
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