Benefits Archives - Victory Local 1725 https://vl1725.org/category/benefits/ 3727 Rose Lake Drive Charlotte, NC 28217 Fri, 21 May 2021 09:52:54 +0000 en-US hourly 1 https://vl1725.org/wp-content/uploads/2016/05/cropped-iam-large-white-logo-e1463922602209-60x60.jpg Benefits Archives - Victory Local 1725 https://vl1725.org/category/benefits/ 32 32 PBGC Policy Change Information https://vl1725.org/pbgc-policy-change-information/ Fri, 21 May 2021 09:50:43 +0000 https://vl1725.org/?p=6132 May 20, 2021 We recently became aware of a change in the Pension Benefit Guarantee Corp (PBGC) policy regarding payment of retiree benefits. In the past, employees had to be retired in order to collect benefits from any plan terminated by the employer and taken over by the PBGC. The recent change now allows active […]

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]]> American Airlines Mechanic & Related DAT Selection Period Closes Nov 1st https://vl1725.org/american-airlines-mechanic-related-dat-selection-period-closes-nov-1st/ Wed, 28 Oct 2020 00:58:33 +0000 https://vl1725.org/?p=5923 October 27, 2020 Sisters and Brothers, The DAT election tool is open now and will close on November 1st at 11:59 pm. Your Association Leadership encourages you to please take the time to login and ensure your DAT selection is what you want it to be. The contract allows you to select up to 120 hours […]

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]]> American Airlines Open Enrollment Update – Revised https://vl1725.org/american-airlines-open-enrollment-update/ Sat, 17 Oct 2020 14:06:57 +0000 https://vl1725.org/?p=5905 October 16, 2020 Brothers and Sisters, Open enrollment for benefits has begun and is open from October 15th to November 6th.   Now is your opportunity to select or update your medical, dental, vision, life insurance, and other benefits for you and your family. Your IAM leadership strongly encourages you to log into your account and ensure the […]

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]]> Decisions & Choices: Layoff Resource Manual https://vl1725.org/decisions-choices-layoff-resource-manual/ Fri, 21 Aug 2020 10:50:13 +0000 https://vl1725.org/?p=5776 Sisters and Brothers, Understanding that the loss of a job will undoubtedly put great physical and emotional strain upon workers and their families, I want you to know that you are not alone. To get the help you may need, you must know where to find it The IAM has created this manual to assist […]

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]]> New IAM Pension Application Procedures https://vl1725.org/new-aim-pension-application-procedures/ Thu, 27 Dec 2018 13:46:57 +0000 http://vl1725.org/?p=3644 12/27/2018 Effective January 1, 2019 the Benefit Fund Office (BFO) of the IAM National Pension Fund (IAMNPF) will implement a change to in the Pension Application procedures to ensure compliance with the Fund’s rules. The IAMNPF Summary Plan Description states: “You will be considered as having applied only when the Fund Office has received all […]

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]]> Airline Retiree Benefit Plan https://vl1725.org/airline-retiree-benefit-plan/ Fri, 18 Nov 2016 03:52:38 +0000 http://vl1725.org/?p=531 https://www.gilsbar.com/airlineretireebenefitplan/ Dear Retiree, As an Airline industry retiree, spouse, domestic partner or survivor age 65 and over, you are now eligible to enroll in the group benefit plans through the Airline Retiree Benefit Plan. You are now eligible to elect Medical, Prescription Drug, Dental and Vision coverage and pay competitive group rates negotiated  by the […]

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