AREN’T WE ALL TIRED OF THE MISINFORMATION?
Currently, there is information being circulated amongst the membership that would indicate that the lAM and the TWU have entered into an agreement to transfer the frozen TWU Pension Plan from its current trust to the lAM National Pension Plan.
NOTHING COULD BE FURTHER FROM THE TRUTH!
Yes, we have an agreement to support the continuation of the IAMNPF for lAM members in joint collective bargaining and for our support, the lAM has offered to allow TWU members to join IF they chose to do so on a prospective basis. The Transport Workers Union, the International Association of Machinists and American Airlines have never entered into any discussions, nor agreements, to transfer our American Airlines frozen pension plan to any other pension plan. During bankruptcy, the TWU fought extremely hard to keep the pension plan from being terminated and turned over to the PBGC, which was a savings of hundreds of millions of dollars to the TWU membership.
THE TWU WILL ALWAYS FIGHT TO PROTECT YOUR PENSIONS!