Congressman Sponsors Airline Pension Fairness Act | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.17.17

Airborne-Unmanned 03.21.17

Airborne-YouTube

AMA 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.17.17

Airborne-Unmanned 03.21.17

Fri, May 25, 2012

Congressman Sponsors Airline Pension Fairness Act

APA Applauds U.S. Rep. Robert E. Andrews For Bill To Extend Special Pension Funding Rules

The APA, which represents the pilots of American Airlines, issued a statement Wednesday praising U.S. Representative Robert E. Andrews (D-NJ) for sponsoring the Airline Pension Fairness Act of 2012 (H.R. 5715), which calls for extending special pension funding rules for commercial airlines.

“We are pleased that Representative Andrews has taken this step on behalf of the hard-working men and women of our nation’s commercial airlines,” said APA President Captain Dave Bates (pictured). “Our industry has faced a series of unprecedented challenges during the past decade, which have in turn placed severe pressure on the retirement security of tens of thousands of airline employees.”

The Airline Pension Fairness Act of 2012 would amend the Pension Protection Act of 2006 by extending special funding rules for certain retirement plans maintained by commercial airlines. The Pension Protection Act of 2006 was designed to encourage carriers to continue honoring their pension obligations to employees. That legislation gave pension plan sponsors more time to make required pension contributions while making it more costly for them to terminate pension plans.

“We would like to thank Representative Andrews for taking this important step and we encourage Congress to promptly adopt the Airline Pension Fairness Act of 2012,” Bates said.

FMI: www.alliedpilots.org

Advertisement

More News

Airborne-Unmanned 03.21.17: Heron 1 FOC, Canadian UAVs BVLOS, Quad Inspects C17

Also: Terra Drone, senseFly partners with MicaSense, Quadcopter Topology Optimization The Heron 1 UAV has attained Full Operational Capability (FOC), allowing two Republic of Singa>[...]

Airborne 03.22.17: Canada Drone Regs, Fuller On ATC, Harrier For Sale

Also: Affordable ADS-B, Mars Beer, Best Tugs, Collins TXP, CAE 70th, Historic WWII Tour, RARA Design Contest The Canadian government had released new regulations for recreational d>[...]

Airborne 03.21.17: Longmont NIMBYs, Lost Orbiter, Airline Transparency

Also: VIP TFR Relief, Aero-Calendar, ACC CoC, C17 Drone Inspection, Flamingo Air, TSA Shame, NBAA Scholarships One of the most persistent, if not outright obnoxious, anti-airport N>[...]

Airborne 03.22.17: Canada Drone Regs, Fuller On ATC, Harrier For Sale

Also: Affordable ADS-B, Mars Beer, Best Tugs, Collins TXP, CAE 70th, Historic WWII Tour, RARA Design Contest The Canadian government had released new regulations for recreational d>[...]

Rotax To Offer Public Information Sessions At Sun 'N Fun

Workshops Targeted To Those Who Want To Learn More About The Engines During the Sun ‘n Fun International Fly-In & Expo 2017 in Florida, the Rotax Flying and Safety Club (>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC