AFA - US Airways E-Line
September 14, 2002
http://www.afausairways.org/eline.htm |
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Contents:
-
Voluntary Separation Program
Voluntary
Separation Program
More information is available on the
AFA US Airways Website.
In hopes of offsetting upcoming involuntary
furloughs, the Company is offering the Voluntary Separation Program 2002,
under which certain Flight Attendants may leave the service of the Company
in exchange for travel benefits. This Program will be similar to programs
offered to flight attendants in 2000.
Under the Program, up to 723 Flight
Attendants who meet the minimum eligibility requirements may elect to resign
from the Company in exchange for certain post-employment travel benefits
and health benefits for themselves and eligible family members. The number
of travel passes provided under the Program depends on the Flight Attendant's
years of service with the Company. There may be tax consequences associated
with the use of these travel benefits.
In order to qualify for the Program,
an employee must have completed at least five five years of service with
the Company as of October 26, 2002. If more than 723 eligible Flight
Attendants apply for the Program, participants will be selected based upon
seniority using the competitive bidding seniority date. A copy of the Program
is available at http://www.afausairways.org/furlough/vsp.htm. Excerpts
of this program below.
US Airways Voluntary Separation
Program 2002
In accordance with the Restructuring
Agreement between AFA and the Company, this Program will provide an opportunity
for certain Flight Attendants to separate voluntarily from US Airways in
exchange for certain travel benefits, thereby reducing the number of involuntary
furloughs.
Eligible Employees
All active and inactive employees who
are Flight Attendants as of September 12, 2002, and who have completed
five (5) or more years of Company service as of October 26, 2002, are eligible.
Flight Attendants who have completed less than five (5) years of service
with the Company as of October 26, 2002, (that is, original Company hire
dates of October 27, 1997, and after) are ineligible. The Program
is limited to the 723 eligible Flight Attendants. If more than 723
eligible Flight Attendants apply, Flight Attendants will be selected based
upon seniority using the competitive seniority bidding date.
Benefits
Eligible employees who separate from
US Airways under this program will receive the following benefits:
1) Non-revenue, space available passes
in accordance with the following
a) Employees who have completed
at least five (5) but less than ten (10) years of Company service as of
October 26, 2002, (original hire dates between October 27, 1992, through
October 26, 1997) are eligible to receive ten (10) non-revenue, space-available
passes for the employee and each eligible family member for the calendar
years 2002 through and including 2007.
b) Employees who have completed at
least ten (10) years of Company service as of October 26, 2002, (original
hire date of October 26, 1992 and before) will receive unlimited non-revenue,
space-available passes for the employee and each eligible family member
for life of the employee after the Voluntary Separation Date.
2) Medical and dental benefits for one
hundred twenty (120) days after the Voluntary Separation Date. For
the first one hundred twenty (120) days after your Voluntary Separation
Date, you will be required to pay the same contribution that you make as
an active employee. At the end of one hundred twenty days, you are
eligible for continuation coverage of your medical and dental plans (COBRA)
by paying full insurance premium rates (employee and employer contributions).
You will be provided with exact COBRA rates after your Voluntary Separation
Date.
Flight Attendants who participate in
this Program are not eligible to receive severance benefits or furlough
pay pursuant to any other policy program or contractual provision.
Application Deadline
Flight Attendants interested in participating
in this Program should complete and return the Voluntary Separation Program
2002 Application and Release Form postmarked no later than October 26,
2002. Faxes will not be accepted. A flight attendant will have
seven (7) days after executing the Application and Release Form to rescind.
Selection and Release Process
No later than November 7, 2002, the
Company will notify each applicant whether he/she has been accepted as
a Participant in the Program. Participants will be assigned a Voluntary
Separation Date, which will be the date the employee's resignation becomes
effective. The Voluntary Separation Date will be determined by the
Company based on the needs of the service, but in no case will it be later
than December 31, 2002.
Years of Company Service
Eligibility and the level of benefits
under the Program are determined according to years of Company Service.
For purposes of this program, Company Service commences on the date the
employee was first placed on the payroll. For a Flight Attendant
who left the service of the Company and was rehired, Company Service commences
on the most recent date of rehire.
This and more information is available
at http://www.afausairways.org/furlough/vsp.htm.
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