American Airlines Bankruptcy
Lawyers for TWU met with members at Local 512 Chicago Saturday, they explained the process American Airlines will go through as they progress through Bankruptcy. I am attaching a link you may want to visit for the most up to date information AA.TWU.org
Once American Airlines files 1113 we will better know what benefits if any American wants to change, at that point under 1114 a retiree committee will be established to represent our retirees through the bankruptcy. I am hoping that I can attain a seat on this committee with my experience to help all our retirees. Please visit the above Websites for more detail information.
American Airlines is in the process of putting a plan together for the court, at this time there are no changes planned. This is not to say American will not make changes it is only what they have confirmed to date. Our pensions are protected by PBGC and will not be affected by the bankruptcy, please be assured your pensions will not change.
RBAssociation will keep you informed as we get more information about this Bankruptcy.
American Airlines Letters
You may have received a letter from American airlines about enrollment and charges for your retiree medical plan. Retirees from the UNION that did NOT give up there pre-funding do not have to pay a premium, Management, Non-Contract and agents do pay a premium which the letter is speaking to. So if you are not paying premiums please disregard this letter and you do not have to do anything during this enrollment period.

You may have also received a Letter Of Creditability which states if you are Medicare eligible you must have Medicare Part D plan. This is something that American must send each year to ensure retirees are informed of the rights.

New Forms Page  
Pass word required - Please check your E-mails for password

Dental & Vision Plan NEW!!!!!
Just be informed anyone who transfers from a existing Dental or Vision plan will not have any pre-existing condition clause, National Reserve has chosen to waive this clause for all RBAssociation members!!!!!!!!!!!
We are excited to announce we have learned of a new dental and vision plan available for all members, this is a insurance plan not discount plan. There will be a one time $50 fee and a $100 deductible met from either dental or vision, with $1,500 yearly benefit. The dental will cover 80% of all minor and 60% of major dental work. There is no network so you can use any dentist and have coverage any where in USA or outside the country. The vision plan will cover $100 per eye for examinations and $300 for lenses & frames; also no network. Their are certain pre-existing conditions which will not be covered, so read all  coverage rules before making a decision. Please feel free to come in and get paperwork and/or see the site & link page for contact details. I do want to point out to please carefully look at your needs before choosing a plan.
Reserve National - Contacts Jerry Daniel 816-351-0066 & Larry Gardner 816-383-0267- Don't forget to tell them RBAssociation

Supplement Retirement Income

We have a new sponsor of RBAssociation offering some additional ways to increase your income when you really need it. Please see site & link page for web link & more information.

1)Needing to Supplement Retirement Income?
2)Live more comfortably with a Reverse Mortgage
3)Reverse Mortgage Options for Homeowners 62+

Paul Neufeld
Reverse Mortgage Consultant
MetLife
913-645-7874 Direct
800-596-0907 Toll Free
paul@pwneufeld.com

State Street Bank

Anyone wanting to change tax deductions or direct deposit information can make these changes on
Jetnet/My Pension now  or  call State Street Bank - 888-548-4455

TWA Retirees Beneficiary - before American take over

Met-Life beneficiary form group # 29924 - now on Form page

Tax Changes 2011

The 2011 federal tax tables were installed and are effective January 31, 2011 per the IRS guidelines.  Plan participants were notified of the tax table updates and potential impact to their withholding through an insert with their December 31, 2010, January 1, 2011 or January 15, 2011 benefit payment. 
To highlight the difference in thresholds you will notice that for a “single, no exemptions” election (row 4), withholding does not start until the income is $750 in the 2010 tax tables.  However in the 2011 tax tables, the withholding starts at the $250 income level. Therefore anyone with a “single, no exemptions” election who earn between $250 and $749 did not have any federal tax withheld in 2010 but will have tax withheld in 2011.

Tax Statements


Paychecks



Retired 65 or older Medical Benefit