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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

It's On! EAA/ANN Announce 2016 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Drew Nearly 100,000 Eyeballs to ‘All Things AirVenture’ E-I-C Note: Our partner, the Experimental Aircraft Association, release>[...]

Airborne 05.26.16: Icon Flaming Out, Airbus Heli-Patent, UAV Registry

Also: TSA Dust-Up, Honor Flight, The API -- What’s This ALL About?, EASA Cert's G650ER, First E190-E2, DiCaprio BizJet, WingX Pro7, BASE Jump Tragedy Late Wednesday, Icon fin>[...]

Airborne 05.26.16: Icon Flaming Out, Airbus Heli-Patent, UAV Registry

Also: TSA Dust-Up, Honor Flight, The API -- What’s This ALL About?, EASA Cert's G650ER, First E190-E2, DiCaprio BizJet, WingX Pro7, BASE Jump Tragedy Late Wednesday, Icon fin>[...]

ANN's Daily Aero-Linx (05.27.16)

FAA Data & Research The FAA conducts research to ensure that commercial and general aviation is the safest in the world.>[...]

ANN's Daily Aero-Term (05.27.16): Resume Normal Speed

Used by ATC to advise a pilot to resume an aircraft’s normal operating speed. It is issued to terminate a speed adjustment where no published speed restrictions apply.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC