This information is no longer current - it is for reference only. It is an archive review of events that took place during United Airline's Chapter 11 Bankruptcy from December 9, 2002 - February 1, 2006.

Stop United Airlines Management from Terminating Our Pensions

Date: September 8, 2004
Type: AFA Article

United Airlines senior management has attacked our wages, benefits and work rules; they’ve attacked our retirees; and now they are attacking our pensions. Yet, they have failed to accomplish what employees have been working to achieve – a successful exit from bankruptcy.

 

United Airlines still has some of the highest non-labor costs in the industry. Instead of reviewing these costs and concentrating on a workable and fair business plan, this management continues to create plans that further attack the people who make the airline run.

 

Over the years we have sacrificed pay and benefits to secure a guaranteed pension in our retirement. Our pensions are deferred compensation.

 

Through the Restructuring Agreement effective May 1, 2003, we made pension modifications to provide $45 million in annual cost savings over the 6 year Contract, mostly affecting those at retirement age. Now, United’s plan to terminate the pensions hurts all employees, but disproportionately those who are not at retirement age.

 

Send a message to Congress today and ask your representatives to help us stop Glenn Tilton from dumping United’s responsibility on the government and quite potentially onto the backs of the American taxpayer. “Stop United Airlines Management from Terminating Our Pensions!” The E-Activist system provides a form letter which may be sent as is or edited with your own personal message, and with click of your mouse, immediately delivered to your Senators and Congressperson.

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