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 12.05.16

Airborne 12.06.16

Airborne 12.07.16

Airborne 12.08.16

Airborne 12.09.16

Airborne Hi-Def On YouTube

Airborne 12.05.16

Airborne 12.06.16

Airborne 12.07.16

Airborne 12.08.16

Airborne 12.09.16

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 12.07.16: SpaceShipTwo Free Flt, Newest Tecnam, Hurricane Hunters Move

Also: Chelan Seaplanes Debacle, Electrifying E-Fest, Delta's New Airbus, Orion Update, ACSS NXT-700, Flyht, Duncan Aviation The newest SpaceShipTwo flew free of its mother ship for>[...]

Airborne 12.06.16: SpaceX Launching Soon!, 787 AD, DJI Inspire 2

Also: P-51C 'Tuskegee Airmen', Aero-Calendar, EASA Mandate, Master Instructor, 737 MAX Thrust Reverser, LaMia Airline, Flying Colours SpaceX could return to flight by the middle of>[...]

Airborne 12.07.16: SpaceShipTwo Free Flt, Newest Tecnam, Hurricane Hunters Move

Also: Chelan Seaplanes Debacle, Electrifying E-Fest, Delta's New Airbus, Orion Update, ACSS NXT-700, Flyht, Duncan Aviation The newest SpaceShipTwo flew free of its mother ship for>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2016-20-09 PRODUCT: Certain Bombardier, Inc. Model CL-600-2A12 (CL-601 Variant), and CL-600-2B16 (CL-601-3A, CL-601-3R, and CL-604 Variants) airplanes.>[...]

AD: Dassault Aviation Airplanes

AD NUMBER: 2016-24-07 PRODUCT: Certain Dassault Aviation Model FALCON 7X airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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